Top 8 recommended books for traders
A lot of valuable trading insights can be found in books - especially the ones written by super traders. These books contain, trading strategies, learning how to swing trade, psychology, how to overcome adversity, and much more. This is a list of some of the most influential trading books on the market. If you want to improve your trading, reading these books is a great place to start.
How to Make Money in Stocks - William Oneil
Regarded as the holy bible of stock trading by many. The national bestseller with over 2 million copies sold covers a wide range of topics from A winning system with buy and sell rules, fundamentals, finding winning stocks, how to analyze the market, chart studies, and much more. The author is also the founder of Investor Business Daily (IBD) which is famous for its fundamental research and the market smith platform.
Think & Trade Like a Champion - Mark Minervini
The author Mark Minervini is famous for his placings in the US investing championships. The book covers several key topics with a focus on swing trading, like the importance of having a plan, how to approach risk, knowing your stats, compounding, how and when to buy, how to sell, and more.
Reminiscence of a stock operator - Edwin Lefevre
The book is a biography of one of the most famous stock traders in history, Jesse Livermore. It takes us through his ups and downs and how he handles adversity and the road to great wealth.
The book has been highly recommended by famous traders like Paul Tudor Jones, William Oneil, and Dr. Alexander Elder.
How I made 2,000,000 in the stocks market - Nicolas Darvas
The book takes us through how a world-famous dancer with no knowledge of the market or finance made 2,000,000$ in 18 months starting out with only 10 000$.
Momentum Masters - Mark Minervini, David Ryan, Dan Zanger, and Mark Ritchie
Momentum Master is built up of a series of questions to several of the most influential traders from the past decade. The book contains questions of all sorts, from novice as well as experienced traders, answered in great detail
The Market Wizard Series - Jack Schwager
The series contains 10 books and features known and unknown traders, many of whom share invaluable insight into their methods and processes. The Market Wizards series is regarded by many as the best books on how to understand successful traders.
The 5 Secrets to Highly Profitable Swing Trading - Ivanhoff
Although a short and easy read, the book contains some valuable and actionable points. The book is very well suited for beginning traders.
Peak - Anders Ericsson
Peak is not a book about trading, but a book on learning and how to optimize learning. Learning is essential for any skill development and having the right learning processes in place before starting a new endeavor may help accelerate your learning curve dramatically.