The best stock market books for trading and investing are The Little Book that Still Beats the Market, How to Make Money in Stocks, Dark Pools, and The Intelligent Investor.
As a certified financial technical analyst and 20-year veteran investor, I can guarantee these are the best stock investing books to read to expand your knowledge. I should know I have read them all.
Here you will find a hand-picked selection of simply the best finance and investing books ever written, including a detailed review and ratings based on the books’ content, practicality, and readability.
Editors Picks: Best Stock Market Books
- Best for Investing: The Little Book that Still Beats the Market
- Best for Growth Stocks: How to Make Money in Stocks
- Best for Beginners: The Liberated Stock Trader
- Best for Stock Traders: Dark Pools
- Best for Stock Picking: One Up On Wall Street
- Best for Value Investing: The Intelligent Investor
- Best Stock Market Book: Reminiscences of a Stock Operator
- Best for ETF Investing: The Little Book of Common Sense Investing
- Best for Stock Charts: Technical Analysis of the Financial Markets
- Best for Chart Traders: Trade Like A Stock Market Wizard
1. Best for Investing: The Little Book that Still Beats the Market
The Little Book that Still Beats the Market is the best for long-term stock investing because it lays out a proven and tested strategy for solid stock market returns year after year.
|📖 Title||The Little Book that Still Beats the Market|
|✍ Author||Joel Greenblatt|
|👍 Our Verdict||Winner, best stock market investing book|
The Little Book that Still Beats the Market is a guide to investing written by Joel Greenblatt. The book is divided into two parts: the first deals with how to make money in the stock market, and the second is a case study of how Greenblatt’s investment firm made over 30% annual returns for 20 years.
The book’s first part discusses value investing, special situations, and momentum investing. Greenblatt argues that these are the best strategies for making money in the stock market, and he provides detailed explanations of how each one works. He also includes several case studies to illustrate his points.
The book’s second part is a detailed account of how Greenblatt’s investment firm achieved such high returns. He discusses the firm’s investment philosophy, stock selection process, and risk management strategies. He also provides a list of recommended reading for further study.
A short but fascinating book looking at a specific system that the author declares and proves makes a regular profit.
The strategy Greenblatt shares is called the Magic Formula, based on two specific formulas: the Greenblatt ROC and the Greenblatt Earnings Yield.
I have backtested this system personally, and it works very well, it is a little high maintenance, but the lessons contained within the book are vital. It is also quite humorous, which is welcome in the dry world of investing—a great introduction to a stock market system from an investing legend.
Read more about Joel Greenblatt’s Recommended Books
2. Best for Growth Stocks: How to Make Money in Stocks
How to Make Money in Stocks is the best investing book for growth stocks because it provides a wealth of knowledge and insights into the core fundamentals of growth investing.
|📖 Title||How to Make Money in Stocks|
|✍ Author||William O’Neil|
|👍 Our Verdict||The best stock investing book for beginners|
“How to Make Money in Stocks” by William O’Neil teaches readers how to make money in the stock market. The book is divided into four sections: understanding stocks, buying stocks, selling stocks, and protecting your profits. O’Neil provides readers with a wealth of information on how to invest in stocks, including how to find profitable opportunities and how to avoid costly mistakes.
He also includes examples of real-world investments to illustrate his points. “How to Make Money in Stocks” is a comprehensive guide to stock market investing that will help readers succeeds in the stock market.
This best-selling book combines technical and fundamental analysis and provides an excellent framework for building your stock market investing approach.
Packed full of clear examples and a very structured approach. The approach called CANSLIM is easy to remember as a stock screening approach to finding good stocks and shares to invest in.
The book heavily promotes using Investors.com as a tool. In reality, you do not need to purchase this service, as you can create your own stock screeners to achieve the same goal for free.
- Related Article: Learn How To Build Your Own CAN SLIM Strategy Screener Based on this Book
3. Best for Beginners: The Liberated Stock Trader
Liberated Stock Trader, A Complete Stock Market Education is perfect for beginner investors because the book is accompanied by 16 hours of in-depth stock investing lessons which help build a complete picture of how the stock market functions.
|🏆 Rating||4.8 Stars on Amazon.com & 5/5 Stars on Benzinga.com|
|📖 Title||Liberated Stock Trader, A Complete Stock Market Education|
|✍ Author||Barry D. Moore|
|🕜 Released||2011 & Re-Released 2022|
|👍 Our Verdict||Best book and training course for beginner and experienced investors|
Designed as a complete education, the book covers everything you need to know to get started in investing in stocks. Fundamental analysis, technical analysis, stock screening, risk management, and psychology are all covered.
Learning to invest in stocks means you need to master fundamental financial analysis, which is the foundation for profitable long-term growth, dividend, and value investing strategies.
You need to learn stock screening so you can find great companies and build a balanced portfolio to grow your wealth.
What makes it different is that there are 16 hours of instructor lead video included, which turns this training from a book to a full stock market seminar training.
Premium stock market education is expensive; this training course is extremely cost-effective—well-rounded education for those who want to take the stock market seriously.
4. Best for Stock Traders: Dark Pools
The best book for day traders is Dark Pools because it enables you to understand you cannot compete with the machines. Machines make 80% of stock trades; how can you compete? Dark Pools is an excellent book detailing how robots manage your investments and that AI algorithms execute 80% of all trades.
|📖 Title||Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market|
|✍ Author||Scott Patterson|
|👍 Our Verdict||The best stock trading book on robotic and algorithmic trading.|
A dark pool is a private securities market, typically operated by a broker-dealer, where participants can trade large blocks of shares anonymously. This reduces the market impact of their trades.
The book Dark Pools tells the story of the rise of these mysterious markets and the battle between the New York Stock Exchange and the upstart electronic exchanges to control them. It also tells the stories of some of the people who have made and lost fortunes in this shadowy world.
Where are your investment retirement accounts, IRAs, and 401Ks, invested? In the stock market. So it is vital you get an understanding of the current state of the stock market and what drives price fluctuations.
Scott Patterson takes on the task of educating us all on the rise of machines and the artificial intelligence algorithms that run on them. While the book lacks details on how AI actually works, the discussion around the rise and impact of AI trading is enlightening and shocking.
As our stock market statistics research article discussed, Bot’s or AI algorithms are estimated to be responsible for 80% of stock market trading.
Learn more about AI and what you can do about it in this excellent book. It’s an absolutely compelling read.
5. Best for Stock Picking: One Up On Wall Street
One Up On Wall Street is a great investing book for stock pickers and beginner value investors because it simplifies the process of stock selection and provides insights from an investing master.
|📖 Title||One Up On Wall Street|
|✍ Author||Peter Lynch|
|👍 Our Verdict||Best stock market book for beginners and value investors|
One Up on Wall Street by Peter Lynch is full of advice for individual investors and covers topics such as picking stocks, analyzing companies, and market timing.
Lynch offers his philosophy on investing, which is based on looking for companies that are doing well and investing in them for the long term. He also believes having a diversified portfolio, including stocks and bonds, is important.
Lynch offers easy-to-follow advice for sorting out the long shots from the no shots by reviewing a company’s financial statements and knowing which numbers really count. He provides guidelines for investing in cyclical, turnaround, and fast-growing companies.
It is a great book for beginner investors, with an excellent, down-to-earth approach, ideal for the beginner to show you how to apply your local knowledge to find winning companies. Great stories, great anecdotes:
“The old Wall Street adage “never invest in anything that eats or needs repairs” may apply to racehorses, but it’s malarkey when it comes to houses.” Peter Lynch
“Know what you own, and know why you own it” Peter Lynch
Positives: This short and entertaining read authored by one of Wall Street’s great stock pickers.
Negatives: Light on actionable investing strategies, charts, and technical analysis.
6. Best for Value Investing: The Intelligent Investor
One of the most inspirational investing books ever written, Ben Graham’s The Intelligent Investor, is the bible for long-term investing success. The Intelligent Investor is a book about value investing written by Benjamin Graham. The book covers common investing mistakes, the four essential rules of investing, and how to find undervalued stocks.
|📖 Title||The Intelligent Investor|
|✍ Author||Benjamin Graham|
|🕜 Released||2003 (Revised)|
|👍 Our Verdict||The best value investing book ever written|
The book is considered one of the most important works on investing, and it has influenced many successful investors, including Warren Buffett.
Benjamin Graham, the greatest investment advisor of the twentieth century, taught and inspired people worldwide. Graham’s philosophy of “value investing” shields investors from substantial error and teaches them to develop long-term strategies. The Intelligent Investor has been the stock market bible since its original publication in 1949.
Positives: A huge amount of valuable insight and knowledge. With comments from Jason Zweig, the revised version brings the book up to date with new examples of how the book’s tenets still hold.
Negatives: With an overwhelming 623 pages and a very dry writing style, you will need a lot of coffee to get you through.
[Related Article: The Best Stock Screeners To Find Dividend & Value Stocks]
7. Best Stock Market Book: Reminiscences of a Stock Operator
Reminiscences of a Stock Operator is great for investors interested in a historical account of legendary stock trader Jesse Livermore’s experiences during the 1920s and the great depression.
|📖 Title||Reminiscences of a Stock Operator|
|✍ Author||Edwin Lefevre|
|🕜 Released||2020 (Revised)|
|👍 Our Verdict||A great book for understanding market trading|
Reminiscences of a Stock Operator, written by Edwin Lefèvre, follows the life and career of Jesse Livermore, a stock trader from the early 1900s. Livermore was a successful trader in his time, making and losing millions of dollars, and his story provides valuable insight into the world of stock trading.
The book offers advice on topics such as when to buy and sell stocks, deal with losses, and stay disciplined in the market. It also includes anecdotes about Livermore’s personal life and trading experiences.
Reminiscences of a Stock Operator is considered one of the most important books on stock trading and is still relevant today.
8. Best for ETF Investing: The Little Book of Common Sense Investing
The Little Book of Common Sense Investing is a great book for long-term investors, demonstrating the many advantages of index ETF investing. The Little Book of Common Sense Investing by John C. Bogle is a book about how to invest in stocks to minimize risk and maximize returns.
|📖 Title||The Little Book of Common Sense Investing|
|✍ Author||John C. Bogle|
|👍 Our Verdict||Best books about ETFs and long-term investing for beginners|
He also offers advice on choosing an investment portfolio, how to rebalance that portfolio, and how to stay informed about the stock market. Throughout the book, Bogle stresses the importance of keeping expenses low, diversifying one’s investments, and staying patient.
The creator of the world’s first Index Tracking Fund shares the critically important reasons you should not be actively trading stock, commodities, and ETFs but investing long term. This is again one of the best investing books on my bookshelf.
The key messages are very clear and passionately explained in the book. Essentially, using any stock advisors, stock pickers, or mutual funds will work out negatively for your investments over the long term. This is essential information that everyone needs to understand.
“Taxes, Broker Costs, Mutual Fund Manager Costs, and Financial Advisor costs will severely eat away at the long-term compounding power of your investments.” – Bogle.
I must thank John Bogles because this book inspired me to develop my market-beating MOSES Market Outperforming Stock ETF Strategy.
Positives: Short and sweet and backed up with plenty of proof for the assertions he makes.
Negatives: Constantly repeats, “Don’t take my word for it”; it gets a little annoying.
Tip: This book’s key message is to invest in low-cost exchange-traded funds (ETFs) that track the market indices.
Beat The Market, Avoid Crashes & Lower Your Risks
Nobody wants to see their hard-earned money disappear in a stock market crash.
Over the past century, the US stock market has had 6 major crashes that have caused investors to lose trillions of dollars.
The MOSES Index ETF Investing Strategy will help you avoid or minimize the impact of major stock market crashes. MOSES will alert you before the next crash happens, so you can protect your portfolio. You will also know when the bear market is over, so you can start investing again.
MOSES Helps You Secure & Grow Your Biggest Investments
★ 3 Index ETF Strategies ★
★ Outperforms the NASDAQ 100, S&P500 & Russell 3000 ★
★ Beats the DAX, CAC40 & EURO STOXX Indices ★
★ Buy & Sell Signals Generated ★
MOSES Helps You Sleep Better At Night Knowing You A Prepared For Future Disasters
9. Best for Stock Charts: Technical Analysis of the Financial Markets
Technical Analysis of the Financial Markets is the best financial markets trading book because it teaches you every aspect of charting and technical analysis and provides deep insight into how financial makes work.
|📖 Title||Technical Analysis of the Financial Markets|
|✍ Author||John J. Murphy|
|👍 Our Verdict||The best stock trading book for charting, price, and volume analysis.|
John Murphy’s “Technical Analysis of the Financial Markets” is a comprehensive guide to using technical analysis to trade stocks, bonds, and commodities.
The book covers everything from interpreting charts and trend lines to more advanced techniques such as Elliott Wave analysis. Murphy provides real-world examples to illustrate how technical analysis can be used to identify and trade market opportunities.
He also includes several helpful appendices, including one that lists all the indicators and oscillators used in the book.
A very valuable contribution to the understanding of technical analysis of the financial markets, this book is a must-have for the technical (Stock Charts & Indicators) trader.
This book is also a prerequisite reading for any serious or professional technical analyst and is a core IFTA exam syllabus for the (International Federation of Technical Analysts).
Positives: One of my favorite Technical Analysis reference books published by the New York Institute of Finance, this book is well presented and easy to understand.
Negatives: A mind-blowing amount of information; however, it does not backtest the indicators to show if they are instrumental in the practical world.
[Tip: If you want to trade the stock markets using technical analysis, I recommend TradingView]
10. Best for Chart Traders: Trade Like A Stock Market Wizard
In “Trade Like a Stock Market Wizard” by Mark Minervini, the reader is taken through a day in the life of a professional trader. Minervini shares the techniques he has used to achieve consistent success in the markets, and he provides readers with a wealth of information that can be applied to their own trading strategies.
|📖 Title||Trade Like A Stock Market Wizard|
|✍ Author||Mark Minervini|
|🕜 Released||2011 & Re-Released 2021|
|👍 Our Verdict||Best stock trading book for day traders|
One of the key points that Minervini makes is that traders should focus on trading stocks that are liquid and have a large volume. He also recommends using technical analysis to identify trendlines and support and resistance levels, and he provides readers with numerous charts and examples to illustrate his points.
Overall, “Trade Like A Stock Market Wizard” is an excellent guide for those who want to learn how to trade like a professional. Minervini’s years of experience as a trader come through loud and clear in this book, and readers will benefit from his insightful tips and advice.
Minervini was featured in the Stock Market Wizards Series. This book is an excellent practical guide to the application of technical analysis and how to apply it in the real world.
Practical, usable, and readable, this extremely valuable book explodes myths about the PE Ratio, Valuations, and Wall Street Ratings Services.
Packed with insights and strategies, this is a modern book that must be on your bookshelf.
[Related Article: The Top 10 Best Stock Trading Platforms – Trade From Charts]
11. Winning on Wall Street
Marty Zweig’s classic Winning on Wall Street provides a depth of stock trading knowledge that remains timeless and incredibly useful today. In “Winning on Wall Street,” Marty Zweig offers readers a guide to investing and achieving success in the stock market. Zweig provides an overview of the stock market and explains how to read stock charts to make informed investment decisions.
|📖 Title||Winning on Wall Street|
|✍ Author||Martin Zweig|
|👍 Our Verdict||Best stock book for charts and market timing|
He also discusses specific strategies for investing in stocks, including buying low and selling high, using stop-loss orders, and diversifying one’s portfolio. Zweig provides real-world examples of how investors can use these strategies to succeed in the stock market.
A must-have book for the serious investor, covering economic, fundamentals, and technical analysis. While it may seem a little outdated, this book is still worthwhile and a must-read. It gives excellent insights into how the market works.
The work Martin Zweig lays down in this book was an inspiration for the big picture and macroeconomics section in my Liberated Stock Trader Pro investment training course.
Positives: Strong in the logical, systematic evaluation of the state of the business environment and its effect on the stock market.
Negatives: Not enough charts. Some systems are hard to calculate manually and require a lot of effort to maintain.
12. Best for Stock Strategy: Market Wizards
Market Wizards is the perfect book for traders wanting to be inspired by different trading systems and the strategies of professional stock traders. In Market Wizards, Jack D. Schweiger interviews many successful traders to learn what makes them successful. He finds that successful traders share many common traits, including discipline, risk management, and a deep understanding of the markets.
|📖 Title||Market Wizards – Interviews with Top Traders|
|✍ Author||Jack D. Schweiger|
|👍 Our Verdict||The best book for beginner stock traders to learn from successful professional stock traders|
Schweiger also identifies three key factors contributing to success: temperament, skill, and luck. While luck cannot be controlled, he finds that disciplined traders with a good understanding of the markets can increase their chances of success.
Audiobooks are an excellent way to learn about trading, as they provide a first-hand account of the trader’s thought process and how they approach the markets. “Market Wizards” is an essential read for any trader looking to improve their performance.
Packed with good interviews with successful stock market traders, this book is a worthwhile addition to your bookshelf. Do not expect solid strategies, but expect insights into how stock market institutional investors operate.
Positives: This book is worth buying, with well-selected interviews and easier reading than its predecessor.
Negatives: Low on specific strategies and rules to incorporate into your market approach, the interviewees would not want to give away anything truly useful in case they lose their edge.
Score 3.5 Stars. Content: 3/5. Applicability: 3/5. Readability:5/5. Fundamentals:3/5. Technical Analysis:3/5
13. Best for Stock Charts: Technical Analysis Explained
Everything a stock trader needs to know about the financial system is contained within Technical Analysis Explained, an absolute classic and must-study book for serious traders. Martin Pring’s Technical Analysis Explained is a comprehensive guide to understanding and using technical analysis to predict and trade future stock prices.
|📖 Title||Technical Analysis Explained|
|✍ Author||Martin J. Pring|
|👍 Our Verdict||Best book on technical analysis of financial markets.|
One of the bibles of technical analysis and one of the best. Pring is a popular technical analyst, and the depth of the value of this book is unmistakable. This book is a prerequisite read for any serious or professional technical analyst and is the core IFTA exam syllabus for the (International Federation of Technical Analysts) of which I am certified.
The book covers all the basics of technical analysis, from trendlines and channels to oscillators and candlestick charts. It also explains in-depth some of the most popular technical indicators, such as moving averages, MACD, and RSI. Pring includes numerous case studies to illustrate how technical analysis can be used to predict price movements. Overall, “Technical Analysis Explained” is an excellent introduction to technical analysis for investors of all levels of experience.
Positives: With 600 pages of detailed Technical Analysis, the content’s quality and quantity can be overwhelming.
Negatives: Combining the best of this book and covering some fundamental analysis would provide an improved and more efficient way to learn. See the Liberated Stock Trader Book for this combination.
[Related Article: The 10 Best Stock Market Analysis Software Programs]
14. Best for Stock Options: Getting Started In Options
Getting Started in Options is the best options trading book, allowing beginner traders to learn options trading and strategies with clear and thoughtful examples.
|📖 Title||Getting Started In Options|
|✍ Author||Michael C. Thomsett|
|👍 Our Verdict||The best options trading book, with excellent insights and examples.|
This book is how I taught myself options trading, I read every single page and example, and in the end, I had built up excellent knowledge.
This book is about options trading and is a great starting point for beginners. It covers the basics of options, how to read charts, and how to make trades. The author also provides tips for avoiding common mistakes new option traders make. Overall, this book provides a good overview of options trading and is a helpful tool for those starting out.
If you want to leverage your capital through options, do nothing until you read this book. Probably one of the best books on options for beginners.
Positives: Options are a difficult subject to learn, never mind to master; this will make getting used to the basics a walk in the park.
Negatives: Options are a tough topic, and many new tools have been developed since this book was written. After reading this book, you will still not be equipped to be a successful options trader. However, it does achieve what it sets out to do.
15. Best Stock Scam Book: No One Would Listen
No One Would Listen is the jaw-dropping masterpiece of the true story of Harry Markopolos’ struggle to alert the SEC into Bernie Madoff’s massive corrupt Ponzi scheme. A must-read.
|📖 Title||No One Would Listen|
|✍ Author||Harry Markopolos|
|👍 Our Verdict||The best stock market scam, fraud, and Ponzi scheme book ever written|
“No one would Listen” by Harry Markopolos. This is a thrilling account of the rise and fall of Bernie Madoff and how difficult it was for Markopolos himself to get the Securities & Exchange Commission to take action.
In the book, Markopolos recounts his efforts to warn the SEC about Madoff’s fraudulent activities and provides an insider’s view of the largest financial fraud in history.
No One Would Listen an important book for anyone interested in the Madoff scandal or white-collar crime. Markopolos’s insights into Madoff’s scheme are fascinating, and his story is a cautionary tale about the importance of whistleblowers.
I was on the edge of my seat during the book and exasperated for Markopolos.
You have to see this only to understand the depth of the problem of trying to oversee the companies that take advantage of the lazy money.
Respect to Markopolos for his ordeal and for sharing this great story. A gripping read.
16. Best Wall Street Insider Book: Full of Bull
Full of Bull is the best book for an insider view of Wall Street analysts’ lies and conflicts of interest. After this book, you will never trust anyone with your money.
|📖 Title||Full of Bull: Do What Wall Street Does, Not What It Says, To Make Money in the Market|
|✍ Author||Stephen T. McClellan|
|👍 Our Verdict||A top book to understand Wall Street and how investment analysts operate|
An insider’s account of how Wall Street financial analysts operate and how they deceive.
This book deciphers the double talk and outright misleading way Stock Market Analysts cover the markets and how to really interpret their advice. I came away with the thought of never trusting a Wall Street analyst and doing my own research.
Positives: A good addition to any bookshelf with insights into how companies manipulate earnings and how Wall Street Analysts sit in a microcosm of influence from the big company CEOs.
Negatives: Some of the book’s content became a little tiresome to read but was nonetheless interesting.
17. Best for Personal Finance: Unshakeable
Tony Robbins provides guidance for building wealth and achieving personal financial security in Unshakeable. Drawing on his experience and insights from some of the world’s top financiers, Robbins offers a comprehensive guide to making smart decisions about money.
|📖 Title||Unshakeable: Financial Freedom Playbook|
|✍ Author||Tony Robbins|
|👍 Our Verdict||The ultimate investing book for the complete beginner.|
He teaches readers how to develop realistic goals, a plan of action for reaching them, and how to withstand short-term market volatility. Robbins also offers advice for building and protecting wealth over time and managing debt, insurance, and taxes.
In classic Tony Robbins Style, Unshakeable aims to teach the masses how their investments in Mutual Funds and 401ks are subject to so many hidden costs that the financial industry is stealing from the common person.
With many people being charged upwards of 2% annually, this removes hundreds of thousands of dollars from your retirement pot. This is one of the best books for beginning investors.
Positives: Tony and his team make solid, irrefutable points that everyone investing for the long term should understand. I welcome this fresh light shining into the murky depths of Wall Street Money Manager’s hidden costs. Also, the proceeds of the book go to charity.
Negatives: This is not advanced investing for anyone seeking actively managed investments, but this should not detract from the importance of the book.
If you are a U.S. investor, this is a book you need to read. Also, you can uncover your hidden 401K costs here at americasbest401K.com.
18. Best for Shorting Stocks: Secrets for Profiting in Bull and Bear Markets
In Secrets for Profiting in Bull and Bear Markets, Stan Weinstein discusses the factors affecting stock prices and how to capitalize on them. He offers advice on when to buy and sell stocks and tips on money management and risk assessment. Weinstein also provides excellent insights into how to short stocks in bear markets.
|📖 Title||Secrets for Profiting in Bull and Bear Markets|
|✍ Author||Stan Weinstein|
|👍 Our Verdict||The best book for learning stock trading strategies for bear markets|
First released in the 1980s, this classic investment book covers the Technical Analysis approach to the stock market in a very practical and usable way. A good read.
Positives: The explanations of Bull and Bear Markets and combining price breakout with volume increases to improve the chances of success are excellent.
Negatives: The book is quite old and, therefore, a little dated. It does not use more modern indicators or ways to leverage current technologies to achieve your goals.
Score 3.4 Stars – Content: 3/5 – Applicability: 4/5 – Readability: 5/5 – Fundamentals: 2/5 – Technical Analysis: 5/5
[Related Article: A Reliable System To Protect You From Bear Markets]
19. Best Advanced Options Trading: The Bible of Options Strategies
Guy Cohen’s The Bible of Options Strategies is perfect for investors serious about making a living trading stock options. Cohen teaches readers how to use options to their advantage to make money in the stock market.
|📖 Title||The Bible of Options Strategies|
|✍ Author||Guy Cohen|
|👍 Our Verdict||The best options trading book for advanced investors|
The book is written clearly and concisely, making it easy for beginners to understand. It covers a wide range of topics, from the basics of options trading to more advanced concepts. One of the best features of this book is its extensive use of examples, which makes it easy for readers to apply the strategies they learn to real-world situations.
This book takes you to the next level of understanding options.
Taking away the mystery and helping you realize that options can actually be used to create regular income and as a fantastic vehicle for limiting risk and knowing what your risk-reward is.
Great strategies and is a thoroughly good read. As it says on the cover, this is the definitive guide for practical trading strategies. Overall, The Bible of Options Strategies is an excellent resource for anyone looking to learn more about options trading.
20. Best Introduction to Trading: Trader Vic
Trader Vic – Methods of a Wall Street Master is a good book for learning the core basics of charting and trading expressed in a conversational, easy-to-understand way.
|📖 Title||Trader Vic – Methods of a Wall Street Master|
|✍ Author||Victor Sperandeo|
|👍 Our Verdict||The best options trading book for advanced investors|
The book covers various topics, including charting analysis, trend identification, and money management. Sperandeo also shares his personal trading strategies, which have been successful for him over the years.
An easy-to-read book with some useful insights, written in 1993, when everyone and their dog made money in the biggest bull market of all time.
I wonder how Vic would have fared in the 2000 or 2007 stock market busts.
Lots of stock charts, examples, and a great description of the bell curve of investing were eye-opening for me.
Overall, this is an excellent book for anyone interested in learning more about the stock market and how to trade effectively.
Positives: Good chapters on drawing trendlines and the basics of economics.
Negatives: Dated and lacking any solid advice for trading in today’s market using the power of computers and technical analysis software.
21. Best for Experienced Trader: Hedge Fund Market Wizards
The best book to learn about advanced hedge funds’ stock trading tactics and strategies is Hedge Fund Market Wizards. Hedge Fund Market Wizards is a compilation of interviews with some of the most successful traders in the hedge fund industry. The traders share their insights and trading strategies, providing a unique perspective on how they have achieved success.
|📖 Title||Hedge Fund Market Wizards – How Winning Traders Win|
|✍ Author||Jack D. Schweiger|
|👍 Our Verdict||The best insight into hedge fund trading ever written.|
One trader, for example, relies on technical analysis to make his trading decisions, while another focuses on fundamentals. Some traders use a combination of different techniques. However, what unites these traders is their dedication to their craft and willingness to learn from their mistakes.
A mixture of interviews with top traders on topics as far-reaching as trading Futures, Trading T-Bills, aggressive trading, stock selection, and psychology.
The books provide interesting insights into the minds of the traders interviewed and how they operate to achieve that profit. This is a classic book for an insight into the minds of Wall Street.
Positives: The focus is definitely on interviewing and insights into trading styles, which can make interesting reading and a break from too many number-crunching and technical analysis books.
Negatives: The people interviewed provide no practical insight into specific trading systems or actions, yet it is still a good read.
22. Best for Risk Management: Buy And Hedge
Buy and Hedge by Jay Pestrichelli & Wayne Ferbert is a book about the stock market, risk management, and how to make money through trading. Buy and Hedge is a unique lesson for long-term investors.
|📖 Title||Buy and Hedge|
|✍ Author||Jay Pestrichelli & Wayne Ferbert|
|👍 Our Verdict||The best stock investing book to learn risk management strategies|
The authors present a variety of techniques that can be used to make money in the stock market, from buying stocks to using options and futures. They also advise on avoiding common pitfalls that can lead to losses. The book provides a comprehensive overview of the stock market and how to make money through trading.
Buy and Hedge gives you an important lesson in risk management. I know it sounds boring, right? Wrong.
If you do not have a solid grasp of this book’s concepts, you will severely hamper your chances of success.
Covering what they call the five iron rules of hedging, this book reiterates the importance of using Options and other strategies to know and limit your risk.
23. Best for Wall Street Finance: The 86 Biggest Lies on Wall Street
If you want a book to open your eyes, and make you angry and incredulous, then The 86 Biggest Lies on Wall Street will deliver the goods. This book opens pandora’s box of the shady operations of Wall Streets investment institutions.
|📖 Title||The 86 Biggest Lies on Wall Street|
|✍ Author||John R. Talbott|
|👍 Our Verdict||The best equity research book that shines a light on Wall Street malpractice.|
The book is a non-fiction work by John R. Talbott that exposes the lies often told on Wall Street. Talbott uses data and research to back up his points and provides readers with a guide on protecting themselves from financial ruin.
The 86 Biggest Lies on Wall Street is an informative and necessary read for anyone looking to safeguard their finances.
Talbott’s 86 biggest lies on Wall Street is a good book and an easy read. Some of the “lies” are difficult to agree with but, on the whole, a good insight into the views of Wall Street and the Government.
Positives: Although Talbott tells you what all the lies are, his versions of the truth are also debatable. A firm view against using technical analysis to analyze stocks and the market shows he is no expert in this area. However, these flaws in his reasoning are balanced with good and compelling arguments against many of the preconceptions we have today regarding governments, corporations, venture capital, and economics”.
Negatives: Some interesting arguments, especially if you have a left-wing conspiracy theory bent. Talbott holds some views that do not make sense. Also, I am sure he has made some of the lies just for effect.
24. The Winning Investment Habits of Warren Buffett & George Soros
The Winning Investment Habits of Warren Buffett and George Soros is a book about the investment habits of two of the most successful investors in history. It’s a good book for new investors wanting to understand the philosophical differences between two legendary investors but lacking any real substance.
|📖 Title||The Winning Investment Habits of Warren Buffett and George Soros|
|✍ Author||Mark Tier|
|👍 Our Verdict||A good insight into the investing philosophy of two legendary investors.|
The book covers topics such as how to find good investments, how to value them, and how to stay disciplined with your investment decisions. It also includes case studies of real investments made by Buffett and Soros.
A good book if you enjoy some insights into the two most successful investors of all time but lack any serious investing strategy or practical examples. More a book about the people and catchphrases.
Positives: Nice quotes and comparison between the two great men.
Negatives: A letdown in terms of real practical investing wisdom.
- Further Information on Warren Buffet and George Soros
- [Related Article: The Best Stock Screeners To Find Dividend & Value Stocks]
25. The New Market Wizards
The New Market Wizards is a one-of-a-kind market trader book that interviews money market and options traders about how they found success.
|📖 Title||The New Market Wizards – Conversations with America’s Top Traders|
|✍ Author||Jack D. Schweiger|
|👍 Our Verdict||The best trading book for Forex and Options traders to learn how professional money market traders operate.|
With very diverse interviews this time, the book would appeal to investment firm insiders, but I feel this will have less value to the independent investor who focuses on the stock market.
Some of the key trading strategies that are discussed in the book include trend following, charting, and market timing. Many traders interviewed in the book use technical analysis to help them make trading decisions. They also use various other methods, such as gut instinct and computer models, to help them make informed decisions about when to enter and exit trades.
Overall, “The New Market Wizards” is a helpful guide for anyone interested in successfully learning how to trade the markets. The traders featured in the book share a wealth of information and offer valuable insights into their own trading strategies.
Positives: Interesting insights on Options Trading, Foreign Exchange (FOREX), and Automated Trading; this book provides insights outside the realms of the stock market.
Negatives: A rather weak trading psychology section at the end leaves one wondering what the point was.
Tip: Interested in Trading Forex or BitCoin? Read our TradingView Review.
Video: Top 20 Best Stock Market Investing Books of All Time