I’ve had a lot of students ask over the years about what the best trading books are.
Since I’ve read hundreds it was hard to narrow it down. Below is the list and they are not listed in order of importance.
I suggest buying them all, then reading the first few pages of each and seeing which one will help you the most first.
I’ve also included a list of other GREAT books that are not trading related that I think you will love, or at least open your eyes.
Trading Books:
Market Wizards by Jack Schwager – Interviews with top traders. Really only his first book is good.
Trading in the Zone by Mark Douglas – The best book on trading psychology. His first book The Disciplined Trader is also good.
Trade like Jesse Livermore by Richard Smitten – Jesse was one of the best traders of all time.
Against the Gods by Peter Bernstein – Great book about trading and risk.
Fooled by Randomness and Black Swan by Nassim Teleb – Get ready for a ride, these are great trading books.
The Trading Tribe by Ed Seykota – Ed is one of the all-time greatest traders and this is the only book he ever wrote. This book is all about trading psychology.
Super Crunchers by Ian Ayres – Proves statistical trading (Auto trade systems) can (and does) beat the markets. This book is not all about trading, but worth reading.
Predictably Irrational – Not a “trading” book, but knowing human psychology, help you with the mass psychology of greed and fear that drives the markets.
Even Buffett Isn’t Perfect by Vahan Janjigian – I’ve read a lot of books on Buffett and this one is the best.
I could add 10-20 more, but the list above is the best. You don’t need all those technical trading books if you have my system and your personal trading psychology mastered.
If you read only the above books over the next 1-2 years you will know more than 99% of traders and financial advisors in the world.
Non Trading Books:
The Shack by William Young – One of my all-time favorite books.
The Creature from Jekyll Island by G. Edward Griffin – The truth and history of the Federal Reserve Bank.
Think and Grow Rich by Napoleon Hill – This is a best seller and has helped a high percentage of the wealthy get wealthy. I think it should be renamed, Think, Work and Grow Rich, if you don’t add the work nothing will happen.
The Top 10 Distinctions between Millionaires and The Middle Class by Keith Cameron Smith – A super short book and a great gift.
A Brief History of Time by Stephen Hawking – Got to love advanced science in everyday language.
The Total Money Makeover by Dave Ramsey – this guy can’t trade and loves the buy hold and pray method (bad idea). But his principles on living below your income and getting debt free impacted my years ago and has served me well.
Ben Franklin by Ben Franklin and adapted by Blaine McCormick – This is a book about the business side of Ben and a fascinating read.
I could list many more, but since my subscribers signed up to learn about trading I kept this list short on purpose. It’s more for my members so they can get to know me more.
Helping you retire on time and hoping you don’t have a heart attack on Thanksgiving,
Big A
P.S – Here are a few quotes I’ve taught my children that might motivate you: Learners are earners, Readers are leaders and The rich read.
If you have thoughts about the books above or some you want to recommend let me know on my blog here: http://www.etftrendtrading.com/free-blog.html