Favorite Trading Books

Here is a list of my trading book tips. Please notice that I do not only read trading books. I also read a lot of books on topics like psychology, motivation, self-help, business and philosophy.

I think that trading is a broad area and you have to read around it. That’s why I suggest other books, too.

If you have suggestions for me or you think that a book is missing, feel free to contact me! I will extend the list regularly.

Content

My Top 5 Trading Books

These are books I suggest for anyone. I read them more than once. The most of them are timeless and available for many years.

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Trend Following, 5th Edition: How to Make a Fortune in Bull, Bear and Black Swan Markets (Wiley Trading)
182 Bewertungen
Trend Following, 5th Edition: How to Make a Fortune in Bull, Bear and Black Swan Markets (Wiley Trading)

One of the best trading books I ever read. It shows the fundamental thoughts of trend-followers. A lot of examples and the track records of the famous trend-following CTAs. A must read for all traders.

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Market Wizards, Updated: Interviews With Top Traders
344 Bewertungen
Market Wizards, Updated: Interviews With Top Traders

Interviews with the most famous traders and hedge-fund managers. The first of the famous market wizards series from Jack Schwager. This book gives you insights into the thinking of the most successful traders of all-time.

Included interviews: Michael Marcus, Bruce Kovner, Richard Dennis (Turtle Trader), Paul Tudor Jones, Ed Seykota, Larry Hite, William O’Neil, David Ryan, Marty Schwatz, Mark Weinstein, Dr. Van Tharp.

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Reminiscences of a Stock Operator
573 Bewertungen
Reminiscences of a Stock Operator

This book is a cult. It shows the career of Jesse Livermore, one of the most famous speculators of all-time. The story is great and you get a lot of timeless insights into trading.

There is a lot of wisdom inside this book. I read it many times.

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Trade Your Way to Financial Freedom
266 Bewertungen
Trade Your Way to Financial Freedom

If you are new to trading, you have to read this book. It included everything a new trader needs. But it’s also good for traders with more experience. You can learn a lot about trading-systems and their background.

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Super Trader, Expanded Edition: Make Consistent Profits in Good and Bad Markets
34 Bewertungen
Super Trader, Expanded Edition: Make Consistent Profits in Good and Bad Markets

This book is your personal trading-coach. It help you with many trading psychology problems. I read it regularly because it is a good mix of psychology and trading.

Books about trading systems and strategies

These trading books are about systems and strategies. This topic is very popular and there are many books available. These books should give you examples of trading strategies. It’s not their job to give you an instant system which you can use. Please note: You have to find a personal strategy for you!

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How to Make Money in Stocks:  A Winning System in Good Times and Bad, Fourth Edition
594 Bewertungen
How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition

Great book about the CANSLIM system. You can learn a lot about momentum stocks and the IBD system. It is a great start to discover the world of momentum.

Street Smarts: High Probability Short-Term Trading Strategies
58 Bewertungen
Street Smarts: High Probability Short-Term Trading Strategies

This book is inspiring. It shows a lot of different strategies from Linda Raschke and Laurence Connors. Both very successful traders. The strategies are mostly short-term.

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Trend Following, 5th Edition: How to Make a Fortune in Bull, Bear and Black Swan Markets (Wiley Trading)
182 Bewertungen
Trend Following, 5th Edition: How to Make a Fortune in Bull, Bear and Black Swan Markets (Wiley Trading)

This books shows you how trend-following strategies works. It gives you insight into CTAs, hedge funds and their results. But also in the psychology of trend-following. Great book!

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Trade Your Way to Financial Freedom
266 Bewertungen
Trade Your Way to Financial Freedom

This trading book is especially good for beginners. It covers a broad range of trading topics and has a good chapter about systems. If you are new to trading, you have to read it.

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Trading Systems That Work: Building and Evaluating Effective Trading Systems
22 Bewertungen
Trading Systems That Work: Building and Evaluating Effective Trading Systems

A lot about backtesting. You learn how to develop successful trading systems. It’s more for experienced traders which will learn more about system development.

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Technical Traders Guide to Computer Analysis of the Futures Markets
20 Bewertungen
Technical Traders Guide to Computer Analysis of the Futures Markets

A rare trading book about indicators, backtests and results. You will see that experienced traders wrote this book. But it’s written at the start of the computer age. You will find a lot of good insights for indicators. A great book!

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Hit and Run Trading: The Short-Term Stock Traders' Bible
43 Bewertungen
Hit and Run Trading: The Short-Term Stock Traders' Bible

This trading book shows a lot of short-term strategies. There are some indicators and candle stick formations carry the name of the author.

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Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications (New York Institute of Finance)
233 Bewertungen
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Monster Stocks: How They Set Up, Run Up, Top and Make You Money
22 Bewertungen
Monster Stocks: How They Set Up, Run Up, Top and Make You Money

Interesting book about super stocks and their similarities. The cover is more impressive as the content because it repeats a lot from other books.

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Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market
111 Bewertungen
Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market

Impressive and very good book about trading momentum stocks. You can see how successful traders are working. Very good book for more experienced traders.

Trading psychology books

These books are my favorite trading books. I think that a big part of trading has to do with psychology. It is not only important to read these books, you also have to read other books on psychology.

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The Disciplined Trader: Developing Winning Attitudes
209 Bewertungen
The Disciplined Trader: Developing Winning Attitudes

For me this is the best book about trading psychology. You can see that this book is written by a trader.

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TraderMind: Get a Mindful Edge in the Markets (Wiley Trading)
13 Bewertungen
TraderMind: Get a Mindful Edge in the Markets (Wiley Trading)

Inspiring and exciting book. It is mostly about mindfulness and trading. This can be a good edge for you.

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Super Trader, Expanded Edition: Make Consistent Profits in Good and Bad Markets
34 Bewertungen
Super Trader, Expanded Edition: Make Consistent Profits in Good and Bad Markets

Great book about psychology and performance. It’s more a trading coach than a classic book.

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The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist
55 Bewertungen
The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist

Have not read it yet, but heard a lot of good things about this book. It is on my reading list.

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Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude
554 Bewertungen
Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude

The second popular book by Mark Douglas. It’s on my reading list.

Trader story books

In these books you will find interviews and life stories from traders. I like these books very much. They give you insight into the thinking processes of a trader. In addition you will find a lot of wisdom and experience.

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Market Wizards, Updated: Interviews With Top Traders
344 Bewertungen
Market Wizards, Updated: Interviews With Top Traders

Interviews with the most famous traders and hedge-fund managers. Great insights!

Included interviews: Michael Marcus, Bruce Kovner, Richard Dennis (Turtle Trader), Paul Tudor Jones, Ed Seykota, Larry Hite, William O’Neil, David Ryan, Marty Schwatz, Mark Weinstein, Dr. Van Tharp.

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The New Market Wizards: Conversations with America's Top Traders
164 Bewertungen
The New Market Wizards: Conversations with America's Top Traders

2nd round with top trader interviews. Great interview partners (selection): Bill Lipschutz, William Eckhardt, Stanley Druckenmiller, Victor Sperandeo, Tom Basso, Linda Raschke, Mark Ritchie, Blair Hull, Charles Faulkner.

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Stock Market Wizards: Interviews with America's Top Stock Traders
82 Bewertungen
Stock Market Wizards: Interviews with America's Top Stock Traders

3rd round with top trader interviews. The focus is on stock trader. Included interviews: Mark. D. Cook, Mark Minervini, Steve Cohen, Ari Kiev.

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Reminiscences of a Stock Operator
573 Bewertungen
Reminiscences of a Stock Operator

Timeless wisdom from the career of Jesse Livermore. I read the book a lot of times.

How I Made $2,000,000 in the Stock Market
496 Bewertungen
How I Made $2,000,000 in the Stock Market

Unbelievable story! Great insights into the trading of Nicolas Darvas. This book inspired a lot of traders and the system is still in use today.

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Pit Bull: Lessons from Wall Street's Champion Day Trader
163 Bewertungen
Pit Bull: Lessons from Wall Street's Champion Day Trader

Very good book about the trading of Marty Schwartz. He was a very successful trader! You get a lot of insight into his trading. Good written and funny.

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Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market
140 Bewertungen
Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market

Mark Minervini is a real champion. You get a lot of insights into his trading, thinking and life. He is a trader with over 30 years of experience and trades momentum stocks.

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How to Trade In Stocks
103 Bewertungen
How to Trade In Stocks

This book gives you deep insights into the trading strategy of Jesse Livermore. It has a lot of fans I read it more than one times … Great book!

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The Perfect Speculator
47 Bewertungen
The Perfect Speculator

In this book you can learn how different trader thinks. Very good written and a good read. It is one of my favorites next to the other book from Koteshwar.

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The Perfect Stock: How A 7000% Move Was Set-up, Started And Finished In An Astonishing 52 Weeks
23 Bewertungen
The Perfect Stock: How A 7000% Move Was Set-up, Started And Finished In An Astonishing 52 Weeks

Here you can learn how trader multiple their accounts. Very good book, great story and deep insights! In my opinion: The best book from Koteshwar.

Momentum Masters - A Roundtable Interview with Super Traders - Minervini, Ryan, Zanger & Ritchie II
55 Bewertungen
Momentum Masters - A Roundtable Interview with Super Traders - Minervini, Ryan, Zanger & Ritchie II

A new book with interviews. The best stock traders are interviewed: Mark Minervini, Dan Zanger, David Ryan. An new: Mark Ritchie II. 130 questions, 4 traders! Great book and must-read!

Last update: 9.03.2018 / affiliate links / Images: Amazon Product Advertising API