Below are some books about trading markets. You’ll notice that they don’t focus on how to trade, they focus on the mindset required to be a winning trader.
This is the key to riches in markets! Do not seek the skills, seek to be the person who can use the skills in a masterful way.
Over time you will learn the fundamentals of trading. You will learn about setups, styles and edges.
You will most likely find success and believe you have figured it out! Why do people say it is so hard, you will think to yourself.
And then, with grace and efficiency, the market will take all your money.
It is what you do next that will define your life in markets.
These books will lay the foundation of becoming a winning TRADER.
Trading In the Zone by Mark Douglas
Douglas uncovers the underlying reasons for lack of consistency and helps traders overcome the ingrained mental habits that cost them money.
Reminiscences of a Stock Operator by Edwin Lefévre
First published in 1923, this lightly fictionalized biography of Jesse Livermore, one of the greatest market speculators ever, is widely regarded as one of best investment books of all time
Market Wizards by Jack D. Schwager
What separates the world’s top traders from the vast majority of unsuccessful investors? In this iconic financial classic, Jack Schwager sets out to answer this question in his interviews with superstar money-makers.
The Next Perfect Trade by Alex Gurevich
‘The Next Perfect Trade’ articulates a set of principles that can be applied in discovering superior trades; those that will be profitable in the broadest range of economic scenarios. The book shifts focus from forces that drive markets to forces that drive successful trades.
What I Learned Losing A Million Dollars by Jim Paul and Brendan Moynihan
Jim Paul’s meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all — his fortune, his reputation, and his job — in one fatal attack of excessive economic hubris.