Trading and Investing Literature

Food for thought

It is a fact: 95% of retail traders haven't read a single trading book. The good news is that if you do, you'll be head and shoulders above them. If you have tried several trading systems without success, you are likely to have a very serious knowledge gap. Start your trading education right here, if read in the right order, you'll end up understanding money and trading in a completely different way.

Trading Books

As an endeavor, trading goes back to the age-old beginning of commerce. Fortunately, throughout the years, many successful traders have written about their experiences and mistakes so that those newer to trading do not need to repeat them. The following is my top ten list of trading books.

  1. Trading for a Living by Alexander Elder
  2. Trading Chaos by Will Williams
  3. Technical Analysis of the Financial Markets by John J. Murphy
  4. Trend Commandments by Michael Covel
  5. The Complete Turtletrader by Michael Covel
  6. Trend Trading for a Living by Thomas K. Carr
  7. The Little Book of Trading by Michael Covel
  8. The Little Book of Currency Trading by Kathy Lien
  9. The Way of the Turtle by Kurtis Faith
  10. Inside the Mind of the Turtles by Kurtis Faith
Investing Books

Earning tons of money as a trader will get you nowhere if you have neglected how to manage and invest it or what asset classes can you employ. The following books will teach you how to assemble an investing portfolio and strong financial habits.

  1. Rich Dad Poor Dad by Robert Kiyosaki
  2. The Cashflow Quadrant by Robert Kiyosaki
  3. Guide to Investing by Robert Kiyosaki
  4. Retire Young and Rich by Robert Kiyosaki
  5. Before You Quit your Job by Robert Kiyosaki
  6. Guide to Investing in Gold and Silver by Mike Maloney
  7. The ABC of Real Estate Investing by Ken McElroy
  8. The Intelligent Investor by Benjamin Graham