37 Best Stock Trading Books
In the world of trading, there is a never-ending list of books that traders can read. To help you narrow down your search, this article has compiled a list of the top leading stock trading books every reader must find.
List of the 37 Best Books on Stock Trading
If you’re yet to get your copy of the Essays of Warren Buffett, then this is one book that you should not miss. This top-notch investment guru has accumulated a net worth of $72.0 billion as of 2018, and his writings were all compiled in this book for readers to benefit from it.
Another great book worth reading by Burton Malkiel in A Random Walk Down Wall Street. If you are looking for a book that will give you sound advice on investing or making money, this is your best bet!
Another one of my favorite books is The New Market Wizards, which features interviews with top traders and investors like Paul Tudor Jones, who shares his thoughts on what makes someone successful, and Jack Schwager’s interview with Michael Steinhardt. This is an excellent read if you want to be inspired to learn more about trading all around the world.
As its title suggests, this book is about getting an edge on Wall Street. Peter Lynch, the manager of Fidelity’s Magellan Fund from 1977 to 1990 before retiring with a personal gain of +28% per year, makes it clear that beating market averages isn’t as hard as one might think. On average, over his 13-year tenure at Magellan, he beat the S&P 500 index by 11 percentage points every year!
In this his 272-page book, Peter Lynch will teach you how to discover tomorrow’s winning companies through careful research and having your finger on the pulse of what consumers are buying today. With practical advice based upon Lynch’s own experience in making investment decisions for thousands of investors during his time at Fidelity Management & Research Company (FMR), One Up on Wall Street will teach you how to beat the pros by following common-sense advice.
This is another excellent book for beginner investors.
This book is a classic and was first published in 1949 by Benjamin Graham, who would later mentor Warren at Columbia Business School. The Intelligent Investor gives readers the information they need to make informed choices about stocks and other investments. It’s widely considered one of the best investment books ever written, and Buffett named it his favorite book on investing when interviewed by Fortune magazine in 1999.
If you want to learn from someone successful over an extended period, then this might be your next read!
6. How to Make Money in Stocks
This remarkable book will show you how to make money in stock trading. The book’s writer is William J O Neil, a Harvard Business School graduate and had many years of experience as an investor.
This book explains that if we want to be successful investors, we should learn from other people’s mistakes rather than our own. There are some common-sense rules written in this book that may not sound too apparent, but once they realize them, the reader can save him or herself thousands of dollars over time.
7. Supermoney
This is also another great book written by Adam Smith, the author of “The Money Game.”
I recommend this be read after The Money Game because both books are very similar in context and give you a good understanding of how Wall Street works and its history.
8. Common Sense on Mutual Funds
This book covers everything you need to know about mutual funds and investing for beginners and experienced investors. It explains how mutual funds work, why their performance fluctuates by the time of year, industry sectors, and size of companies included in a fund’s portfolio. It also discusses investment options such as common stocks versus bonds, plus other topics like asset allocation strategies, advantages & disadvantages between risk-adjusted return versus historical returns, etc. If you are looking for a well-written book and easy to understand, this one will be a good choice for you.
9. What Works on Wall Street
If you have any interest in the stock market, this is a must-read. This book was written by James P. O’Shaughnessy, who studied over 100 years of data and analyzed what factors were most correlated to successful investments. This book teaches you the history of investing and why most investors fail.
10. Technical Analysis Explained
In this fantastic book, you will read about the basics of technical analysis and how to use it in your trading. The author, Gregory L. Morris, gives clear examples of using moving averages and an understanding of market cycles that are found repeatedly throughout history. He also explains candlestick charts, which can provide a valuable view into what is happening during specific periods in time!
11. When Genius Failed
This is another excellent book that has been written by a writer named Roger Lowenstein. In the book, he tells us about one of the biggest financial crises in U.S history, known as “The Collapse of Lehman Brothers.” The book provides an overview to readers on what happened during this period and how it affected other people around them. If you desire knowledge about finance, then I would suggest going through this great piece of writing without second thoughts because you will enjoy reading every single bit from beginning till the end!
12. The New Paradigm for Financial Markets
This book is one of the most famous books on finance and trading written by George Soros. It was published in 2008, a year after the collapse of Lehman Brothers Holdings Inc., which has been considered as a turning point for global financial markets.
This classic book is about the capital markets or investment strategies and focuses on philosophical issues such as ideas that shape human understanding of reality, particularly economic reality.
13. Extraordinary Popular Delusions and the Madness of Crowds
Charles Mackay wrote this book, and it was initially published in 1841.
In this book, the author has talked about the herd behavior of people who are not reasoning while investing. This is a perfect read for the readers because they will know how their friends or relatives can make mistakes while making investment decisions. This best-selling classic should be on every reader’s list. It has been one of the most popular books ever sold because it provides an insight into market sentiment and investor psychology. The other important thing which makes this book special is that there is no technical analysis involved in understanding why a specific type of economic bubble exists during different periods throughout history.
14. Dow Theory
In this book, Charles Henry Dow tells the story of how he and Edward D. Jones founded The Wall Street Journal, focusing on their groundbreaking theories about market trends.
This book was the first to define stock market cycles in terms of years or “waves,” which can be broken down into rallies and declines that last several months each (also known as secondary movements).
15. The Basics of the Stock Market
Another excellent read for novice and seasoned investors alike is The Basics of the Stock Market by Richard J. Bernstein, David Hochfelder, and Robert E. Jennings.
Both beginners and established investors will benefit from this book’s straightforward language that discusses how to get started in trading stocks and provides insights into more advanced techniques such as options trading strategies.
16. Technical Analysis for Dummies
If you are new to stock trading, then this book is for you. It will explain how technical analysis can be used in the market and help your profits soar high above average traders out there!
This guidebook also contains some of the essential tools that traders must use on their journey through the markets. These tools will allow investors to make more informed decisions at every step along the way.
17. How to Trade Options Profitably and Reduce Risk
This is a fantastic book that will teach you about the world of options trading. This is a must-read for those who are interested in learning how to trade options, as well as an excellent resource for anyone looking to diversify their portfolio with derivatives.
This book’s primary focus is on providing readers with information and advice to avoid financial pitfalls while still being able to take advantage of opportunities when they arise. The author discusses potential issues within the market today, such as earnings reports, credit rating agencies, and other factors that could potentially affect traders’ decisions moving forward into 2016 and beyond. In this way, it acts both as a useful introduction for beginners but also provides valuable insights into financing from more experienced investors’ points of view too!
18. Investing in Mutual Funds – A Guide to Making Money with Professional Management
This book is a must-read for everyone who wants to get started with mutual funds. The author, Andrew Tobias, has been in the business of educating people on investing since the early 1970s, and his experience shows through this book. He takes you through all aspects of mutual fund investing, from selecting your first account manager to performing due diligence before buying any investment product.
The best thing about this book is that it’s written in easy English so that even a non-specialist can understand what he intends to say without difficulty while reading it cover-to-cover or just skimming through the chapters.
19. Beating Wall Street With Common Sense Investment Strategies For The Individual Investor
This book talks about how the individual investor can beat Wall Street by using common sense investment strategies that are virtually guaranteed to make money in any market condition.
20. How to choose a stockbroker
Another excellent book that discusses how to choose a good broker.
This book is only available as an eBook for now, but it does discuss the best brokers on Wall Street and why they are considered superior over other stockbrokers.
21. Learn how to read a balance sheet and a P&L statement
This list of stock trading books, this book is written by one of the most famous stock traders, Peter Lynch. His investment style is straightforward, and he has earned money for his clients who are above average returns in this profession.
The book will explain to you how to analyze a company before investing in it so that you can get an idea about its prospects. It also tells how much the market should be given importance while exploring any stock trading opportunities because only a thorough analysis offers good returns on investments made.
Thus, if anyone wants to learn from one of the best investors, then this book must-read by them as they know what exactly goes behind making successful investments decisions?
22. How to invest in stocks without risking too much money
This book is written by a Nobel-prize winner and is an excellent guide for beginners. If you want to learn more about the history of financial markets, this book is worth reading.
In the book, you will learn about the different kinds of financial risks and reduce or avoid them. It might sound like some boring textbook, but it is written in a very readable style.
This book talks about some basic principles essential for successful trading on stocks, bonds, commodities, etc.
23. Strategies for buying stocks
We can’t forget to mention the book Strategies for Buying Stocks, which is by far the most popular stock trading strategy book of all time. The author Dr. Milo Benjamin has written several books, but this one takes first place for its popularity among investors and traders alike. It covers everything from how to develop your investment philosophy, use technical analysis in your investing decisions, understand the basics of risk management techniques, find out about different types of strategies used with many examples (including some real-life ones), learn about analyzing balance sheets and cash flows as well as income statements using ratios, etc
24. New Charts for the new millennium- Mark Fisher
In this fantastic book, Mark Fisher analyzes the working of stock trends. The book’s primary focus is on trend-following trading strategies based on technical analysis and money management techniques.
Mark Fisher emphasizes that successful traders should have a well-defined plan before entering into any trade or investment to develop an effective system for success. He also discusses his profitable Black box program, where he has made high returns without taking much risk through innovative hedging methods. This book offers excellent insights into the world of finance, keeping concepts informative yet straightforward enough for its readers to understand easily. It gives you practical examples on how trends can be used both as support and resistance levels while making profits by implementing different price action tools like double tops/bottoms, breakouts, etc.
25. Strategies For Selling Stocks
If you want to know exactly what goes into selling your stocks successfully, then this finance book will guide you through it all. How To Make Money In Stocks – William J O’Neil has been released over 28 times since 1988 (latest edition). You’ll find an updated version that includes the knowledge of online stock trading too. Make sure to pick up this investment book before you sell your stocks!
26. Ways you can protect your investments from risk
This book by John F. Wasik serves as a guide to the most important things you need to know about protecting yourself against investment risk factors. You will learn the importance of diversification, proper asset allocation, and properly managing your portfolio as a successful trader.
27. Getting Started in Options” by Michael C
This book by Michael C has everything you need to know about options trading. Whether you are a beginner or a guru in trading forex, you will find something helpful in this book. The author has explained the basics of options trading and talked about advanced strategies as well.
28. Investing AtoZ” by James O’Shaughnessy
It would be best to consider getting this book to learn more about the best-performing stocks in various sectors. This book features top stocks from 1996-2016 and shows their returns over time and some of the reasons why they performed so well! It also provides a list of new companies that may be worth investing in now.
29. Risk Less & Prosper” by Larry Connors
In this book, the author, Larry Connors, shares his stock trading experience and advises on identifying a trade setup that will maximize your gains. The book also explains the importance of confidence in a trader’s mind and what factors can cause a lack of it, so traders should always have their backup plan.
The book comes with several charts and over 50 examples from successful trades, so you don’t need any prior knowledge or skills to understand its main points. This means that even if you are new to the world of stock investing, this book might be for you!
30. Margin of Safety – Seth Klarman
Another great read worth your attention is this fore trading book by Seth Klarman. The margin of safety principle is something you should never forget in your investment process!
The book offers a great explanation of how to create, implement and maintain this all-important idea using real-life examples. This is one of my favorite books for investors that I would recommend to anyone interested in stock investing or even just looking for insights into the world’s most successful investor ever – Warren Buffett’s mentor Benjamin Graham.
31. The Complete Idiot’s Guide to Day Trading Online” by John Lothian
In this trading book, John Lothian helps readers understand the basics of day trading. It starts with explaining what day traders are and how they operate, then it goes into detail about various strategies that can be used to trade stocks online.
32. Day Trading for Dummies by Randy Shain
This trading book is written for beginners and contains plenty of content on topics such as technical analysis, risk management techniques, etc., essential components in learning stock market trading effectively.
It covers all aspects of beginning an investment career, like choosing a broker or understanding basic accounting principles, which will help you make better decisions when investing your money.
The stock market wizard uses simple language throughout this informative guide ensuring everything is easy to understand even if you’re a complete beginner.
The content is well-structured and arranged logically, making it easy for readers to follow along from beginning until end without skipping anything.
In short, this trading book could be your ultimate trading bible if you’re starting or looking for a refresher course on day trading basics.
33. Hedge Fund Market Wizards: How Winning Traders Win by Jack D. Schwager
This book contains interviews with market wizards who have been very successful at investing their money over time, including Michael Marcus, Paul Tudor Jones, and Bruce Kovner, among others, with plenty of helpful information that can help any reader become more profitable when dealing with stock markets. Throughout these conversations, the author uses detailed examples to make sense of the lessons learned, even novice traders.
This book is filled with great advice that successful investors have used to achieve their goals in stock market investing, making it one of the most informative reads for anyone looking to invest in stocks online.
34. The Complete Guide to Day Trading Online: Technical and Fundamental Strategies to Profit from Intraday Market Swings by Gary Smith
If you’re a beginner wanting to start day trading in the stock market, this book will teach you everything about successfully investing money using technical analysis. You’ll learn how market cycles work so that you can predict when certain events are likely going to impact share prices, allowing you to take advantage of every situation before your competition gets wind of what’s happening next. It doesn’t matter whether or not you have a background in finance because the author explains every technical term clearly.
35. How to Day Trade for a Living: A Beginner’s Guide to Trading Tools and Tactics, Money Management Strategies, Risk Control Techniques, Self-Discipline & Psychology by Kathy Lien
This book is perfect for anyone looking to start day trading as a full-time profession without having any prior experience or knowledge about stocks or options trades. You’ll learn how important it is to develop discipline when investing money so you can achieve your goals over time, even if there are multiple setbacks along the way.
It contains plenty of helpful information that will help set up an effective plan, including risk management strategies which means you don’t have to worry about losing everything through reckless behavior.
36. The Art of Short Selling: Winning Strategies that Work from Market Cycles to individual Stocks by Kathryn F (Kathryn) Shelley
This book is an excellent read for investors looking to take advantage of opportunities in the stock markets where they’re likely to find success over time, even when everyone else believes it’s a bad idea. The author talks about how you can benefit from seeing both sides of every coin whether or not you have prior experience trading stocks online, so reading this guide will help you become more profitable overall. It doesn’t matter what type of investment strategy you use. Everything explained here applies no matter which one has been chosen since day trading all about managing risk effectively while maximizing returns.
37. The Four Pillars of Investing: Lessons for Building a Winning Portfolio by William J (Bill) Bernstein
This book is perfect for anyone who wants to start investing money in stocks because it provides all the fundamental lessons you need to know about monitoring your portfolio and making wise decisions when buying or selling stock online. The author goes over every critical and necessary aspect, including inflation, diversification, taxation, and asset allocation, so that those novice investors can access the information they’ll find helpful even if they’re starting, which means this book has plenty of valuable advice for everyone should read before investing any capital.
FAQs
What is a stock?
A stock or share is part ownership in a company. You own shares of companies when you invest in the economy, providing capital to allow them to expand and grow.
How do I trade stocks?
To buy and sell securities such as stocks and bonds through an intermediary (broker) for your account. A brokerage firm charges commissions for this service.
What fees will I have to pay if I choose to invest my money in the market?
Even just $100 per month can make a massive difference over time! As with any investment opportunity, there are associated costs that come with buying additional properties – what’s important is understanding how much these costs and what you’re getting in return.
There are many best stock trading books out in the market. There are also plenty of bad ones, so one must be careful when reading a book on this topic. I hope you enjoyed reading my blog post and learned some valuable information!