top 10 investment books
62Top 10 Investment Books
I have been a part time stock trader for five years now. I have learned a lot and made lots of money. But I have probably learned more from the trades I have lost money on. Noting can really prepare you for the mental problems with a losing trade. But with a tested strategy and clear rules you always know what do in every situation. You can learn the very much from the best traders/investors in the marked so it’s very important to read and study them.I have read tons of investment books over the years. Here are my top 10 investment books.
1 - Reminiscences of a Stock Operator
The Reminiscences of a Stock Operator is a book written by Edwin Lefèvre in 1923. This book is very old but still the best book! the book tells the story of the fictional stock trader Jesse Livermore. my favorite quote from the book is : "Losing money is the least of my troubles. A loss never bothers me after I take it. I forget it overnight. But being wrong – not taking the loss – that is what does the damage to the pocketbook and to the soul.”
2 - The Black Swan
The Black Swan The Impact of the Highly Improbable. Second Edition Written by Nassim Nicholas Taleb in 2010.
This book basicly tells you excpect the unexpected and how you chould prepare for it.
3 - The New Market Wizards: Conversations with America's Top Traders
The New Market Wizards: Conversations with America's Top Traders.
Reviews:
"Should be required reading for anyone who selects managers for institutional or even personal portfolios." Futures Industry
"Are
great traders born or do they acquire their skills on the way up?...The
New Market Wizards provides some interesting insights." Wall Street
Journal
"Provides unique insight into the arcane world of
currency trading as well as other fast-moving markets such as options
and commodities." U.S. News & World Report
4 - High Probability trading
Some quotes from the book:
"The Goal Is to Teach All Traders to Think with the Mindset of a Successful Trader..."
"Some trades are not worth the risk and should never be done."
"It's not how good you are at one individual thing, but it's the
culmination of every aspect of trading that makes one successful."
"Why do a select few traders repeatedly make money while the masses
lose? What do bad traders do that good traders avoid, and what do
winning traders do that is different? Throughout this book I will
detail how successful traders behave differently and consistently make
money by making high probability trades and avoiding common pitfalls..."
5 - Technical Analysis for Dummies
A very simple, straight forward book to learn the fundamentals of technical analysis.
This book are going to teach you how to:
- Trend Analysis
- Never loose big
- Timing
- Trading plan
- Treat trading and investing as a business
- Learn the sell signals
6 - Trading for a Living: Psychology, Trading Tactics, Money Management
Trading for a Living helps you master all of those three areas:
- How to become a cool, calm, and collected trader
- How to profit from reading the behavior of the market crowd
- How to use a computer to find good trades
- How to develop a powerful trading system
- How to find the trades with the best odds of success
- How to find entry and exit points, set stops, and take profits
7 - Japanese Candlestick Charting Techniques
Japanese Candlestick Charting Techniques is written by Steve Nison the kind of candlestick. This is a swesome book that will make you to a candlestick master. You are also getting some very good trade setups in this book.
Buy Profitable Candlestick Trading
![]() | Profitable Candlestick Trading: Pinpointing Market Opportunities to Maximize Profits (Wiley Trading) Amazon Price: $51.99 List Price: $90.00 |
8 - Profitable Candlestick Trading: Pinpointing Market Opportunities to Maximize Profits
Stephen Bigalow discovered candlestick trading about 18years ago. Stephen have developed techniques for making candlestick trading work in any market. He uses traditional technical analysis to make candlestick ever more effective.
"A superb exposition of Japanese Candlesticks: the oldest method of technical analysis developed more than 400 years ago. The book offers a thorough review and evaluation of this increasingly popular method of market analysis. A great source of information both for an experienced trader and a novice in this field." Vincent Kaminski Managing Director, Enron Corp.
9 -Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications
Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications is written by John J. Murphy. A living legend in the technical trading scene. You have probally seen John J. Murphy on CNBC giving technical analyst tips to the views.
10 - The Warren Buffett Way
Warren Buffett is probably the best investor in the world. In The Warren Buffett Way he explains how he invests and looks at the market. Follow Warren Buffet and you will get wealthy!
Warren Buffet














