Research is a major part of any investor’s due diligence. It helps you learn best practices, understand the stock market, and make wise financial decisions.
Reading the best trading books of all time is a great place to begin educating yourself. Read on to learn some books you must read before buying stocks.
1. Market Wizards
Market Wizards and its sequel The New Market Wizards are masterpieces by Jack Schwaer. This industry-leading expert in investment futures and hedge funds doesn’t just offer his own insight into trading secrets. Instead, he interviews other successful investors who give insight into the secrets that benefitted them.
These books are a chance for new and seasoned stock investors to learn from those who have already done well. Between its pages, you’ll get mentor-like sage advice from billionaires like Paul Tudor Jones and success stories like Bruce Kovner.
2. The Intelligent Investor
The Intelligent Investor by Benjamin Graham is a great starting point for new stock market researchers to learn about value investing. These trading strategies focus on underappreciated stocks that initially begin as inexpensive investments. The stock price climbs over time as people begin to appreciate and support the company more.
This book looks into the ways that people make stock market predictions. It also boasts philosophical ideas on how people can figure out the intrinsic value of investments upfront.
Warren Buffett himself has called this the best investing book ever written, so you know you’re getting top-notch advice.
3. Pit Bull
Fans of enjoyable and fast-paced reads will enjoy Pit Bull by Marty Schwartz. It’s a memoir in which the author details his experiences as a Wall Street floor trader. With witty prose and interesting anecdotes, he describes what his daily life was like and what it was like to bring his A-game to professional investing.
This book isn’t just clever and fast-paced. It’s also informative. However, above all else, this book will inspire you to think about the ins and outs of stock investing and make you want to reflect on your own current trading strategies. You’ll consider how you can do better and be more like Schwartz at his best.
This book’s an inspiration, and you’ll become a better investor by the time you’re done.
4. Trading in the Zone
Mark Douglas’s Trading in the Zone looks into the psychology of stock market trading. Within its pages, he looks scientifically at what makes people make trading decisions and how they think about buying stocks.
Part of this is looking at what psychological obstacles stock traders face during their careers. He outlines these barriers and discusses the reasons that they develop before offering practical solutions.
Plus, since the book draws on a lot of personal experience, you know you’re getting high-quality advice.
Beyond the Best Trading Books of All Time
Now that you know the best trading books of all time, it’s time to continue conducting thorough research of the stock market.
Figuring Out Money is a YouTube channel dedicated to helping you make knowledgeable and wise investments. Contact me to learn more about my videos and to get more insight into what makes a good investment.
