There are many great trading books that can help you understand many aspects, such as technical analysis, psychology and money management. The following is a list of reviews of our favorite books that we recommend – some of the best trading books in the industry.
Trading in the Zone
Trading in the Zone by Mark Douglas
This is one of the most recommended books in the trading industry. It deals with the basic elements of psychology and explains how we are shaped by our beliefs and these beliefs inevitably find their way into our trading. A great trading book for self-reflection, understanding the inner workings of our minds and letting go and accepting that we do not know what will happen in the markets. Buy now.
Come into my Trading Room
Come into my Trading Room by Alexander Elder
Often noted as a trading bible, Come into my Trading Room focuses on money management and how to approach trading from a professional standpoint. This trading book takes you through trading elements crucial to psychology and a disciplined mindset, giving the reader an insight into how to become a successful trader. Buy now.
Technical Analysis of the Financial Markets
Technical Analysis of the Financial Markets by John J. Murphy
Rated as one of the best technical analysis trading books for technical tools, indicators, chart patterns, and stocks, this publication goes one step further to give great examples and explanations. There are hundreds of technical analysis books on the market, however, this one comes up time and again for traders’ preferred reading. Buy now.
Market Wizards by Jack D. Schwager
Market Wizards takes a different approach to help readers master trading success, as it interviews amazing traders from almost every asset class imaginable and takes you through their journey of failure in the markets to success. Each trader tells their story of how they started out in trading and how they overcame their initial hurdles to achieve greatness in the markets. Buy now.
Trade your Way to Financial Freedom
Trade your Way to Financial Freedom by Van K. Tharp
Considered a must have for traders, this trading book explores the essential elements of developing profitable strategies and techniques that can be applied to any market. Focussing on risk and reward, this book helps readers to evaluate their own trading methods to develop an achievable expectation of their trading career. Buy now.
Way of the Turtle
Way of the Turtle by Curtis Faith
Super trader, Richard Dennis, embarked on an experiment to turn normal people into profitable traders in an attempt to prove whether great traders are born or made. Nicknamed turtles, these ordinary people were trained in a system of Dennis’s own design in just under two weeks before letting them loose on a real live account of Denis’s own money. This extraordinary story tells of how one such turtle turned $1m into over $30m in the space of just four years. Buy now.