✔️ Information reviewed and updated in September 2024 by Pedro Martínez González

They say that there are 3 things that we must all have to become experts in the world of Trading and trading books: Patience, skill and knowledge. Although the first two ingredients are developed, the third is acquired, how? Through constant reading and research.

That is why here we will tell you which are the 10 Trading books that every beginner should read. If you have never made an investment or have operated in any of these markets, these books will be of great help. So, before you start investing, we recommend you read them.

➡The importance of reading trading books✨

For many experts, much of the art of operating correctly in Trading is in having the knowledge necessary. And, although the theory and practice are different, you should know that you need the first to be able to execute the second.

If the theory is weak, the practice will not go well or at least you will not have the expected results. That is why you should focus on acquiring and expanding your knowledge in trading books. You must remember that the markets are constantly changing so it is likely that what you read a year ago is no longer valid.

➡Not everything is finance books✨

You should know that not all the books that every good expert in Trading should read are about finance. This is because every good expert knows that the statistics and finance part is not 100% of a decision.

As the Nobel Prize in Economics of the year 2022, Daniel Kahneman, said, You must learn to control your emotions and your impulsiveness. This makes a lot of logic, because many times we let ourselves be carried away by our heart and the intensity of the moment, making bad decisions like this.

➡Ways you can read✨

One of the great advantages of the XNUMXst century is that today you don't need to spend a lot of money and effort to find the best books. The arrival of the internet was undoubtedly a real revolution for the world of reading.

You can buy your books on paper, either in physical bookstores or in online stores. You can also buy electronic books which you can read on a Kindle, your tablet or cell phone. If you don't want to spend, too There are a large number of platforms where you can find free books in PDF format.

➡Books that every aspiring Trading should read✨

• Trading in the area: Written by Mark Douglas in 2001, this book will give you the tools you need to invest. Another of its great characteristics is that it was made to give you greater clarity when making investments by understanding how your mind works.
• Living from trading: psychology, trading tactics, money management: From Dr. Alexander Elder, this book is a good way to overcome the traps of Trading. Do you remember what we said about impulses and emotions? This book will help you control them.
• The Smart Investor: The authorship belongs to Benjamin Graham, an author who raises a unique philosophy which you can focus on in the short and medium term. If you are looking to learn about technical analysis and data, this is undoubtedly a great option. Its value is such that It is considered the bible of technical analysis.
• Sell ​​& Sell Short: In the opinion of experts, this book not only informs, it also educates you. And it is that the author Dr. Alexander Elder shows you what the risks are in the world of Trading and also gives you tools to reduce or even prevent them.
• Stock Market Psychology: Despite being written in 1993, this book by Lars Tvede remains a benchmark. This book talks about the psychological aspect of stock trading and the stock market, which It will help you make better decisions when investing.
• The Hedge Fund Edge, Maximum Profit / Minimum Risk Global Trend Trading Strategies: Its author, Mark Boucher, presents in this book an analysis of the market using the liquidity cycle and the Austrian theory of the business cycle as the main starting points when presenting its conclusions and analysis.
• Inside The House of Money: Top Hedge Fund Traders on Profiting in the Global Market: Steven Drobny talks about the faces and stories behind the world of investing. This book takes up interviews with experts and investors who will tell us more about their secrets, successes and failures.
• Technical Analysis of Financial Markets: If what you are looking for is information and hard data, without a doubt this book is one of the best options. This analysis by John J. Murphy is a good option for those looking for concrete and analytical information on financial markets.
• Market Wizards: For those who enjoy stories more than data, this is one of the most striking books we can find on Wall Street. Here Jack D. Schwager will tell us more about the life and experience, as well as the secrets, of top Wall Street investors.
• Succeed in Trading: Finally, we recommend that you read this book written by Van K Tharp. This book provides everything you need to be successful in this world of investing. For many, this is a manual that you must follow to the letter if you want to be successful in the world of finance.

➡It's time to learn! ✨

Now that you know what are the 10 books that every aspiring world of Trading should read, there is no excuse for not doing it. This because of knowledge is one of the most important points to build a strategy.

Due to the great popularity of these books, finding them is a simple task, so you won't have to worry about anything other than taking up a few minutes of your time. Sit in a quiet place, take a pencil and paper, and start reading them.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

You can read more about me here.