There are many stock trading books out there that can help new investors expand their stock education. This list highlights 5 great stock markets books every trader should read
1. A Random Walk Down Wall Street
Currently, this book is a great first read for those starting a portfolio. Indexing, diversification, trends, bubbles, the value of patience coupled with time, alongside many more core concepts are all pronounced within.
2. Trade Your Way to Financial Freedom
The Best information in this book is about money management and the expectancy of trading systems. Plugs his websites and other books which is mildly annoying, but the suggested reading list of other authors is pretty good. The way Van k Tharp writes and talks is very easy to understand and digest. The information in this book is overall good if it’s one of the first few books you have read on the subject of trading.
3. How to Make Money in Stocks
Detailed charts with proper explanation for last 100 years stock market winners. CANSLIM stands out as the best investing methodology. Excellent book for someone serious about making money in markets in the long run.
4. The Little Book of Common Sense Investing
Author Jack Bogle is the founder of The Vanguard Group, known for providing the lowest cost funds in the industry. Vanguard is also the largest asset management house in the world with over $3 trillion in total assets under management. Jack’s message is simple, keep costs low, and invest in market indexes in the long run. Jack’s other book, Common Sense on Mutual Funds, is another bestseller and breaks down mutual fund investing.
5. Buffett: The Making of an American Capitalist
Roger Lowenstein tells the interesting story of Buffett, his family, friends and business associates while highlighting the decision points he made throughout his career which made him so successful. Plenty of lessons to learn about Buffett’s investment strategy in an easy to read format.