Recommended Reading
BEHAVIOURAL FINANCE
- Robert Shiller — Irrational Exuberance
Behavioural finance applied to the 1990s bull market
CROWD BEHAVIOUR
- Charles Mackay — Extraordinary Delusions and the Madness of Crowds
Hugely influential book on the history of crowd behaviour in markets
- Gustav Le Bon — The Crowd
Analysis of crowd behaviour by one of the pioneers in that field
FUTURES
- Teweles & Jones — The Futures Game
Excellent explanation of futures markets and how they work and much more
INVESTMENT GENERAL
- Jeremy Siegel — Stocks for the Long Run
An examination of the historical performance of asset classes and why stocks give the best return in the long term
- Jack Calhoun JR — The 12 Investment Myths
Discussion of investment philosophy centred on a series of common myths.
- Niall Ferguson — The Ascent of Money
A financial history of the world
- Charles Ellis — The Losers Game
Explains why active investment management fails and what to do about it
- RF Bruner and SD Carr — The Panic of 1907
The story of the financial panic of 1907 and an analysis of the causes of panics.
MONEY MANAGEMENT
- Robert Rotella — The Elements of Successful Trading
The second half of this book contains excellent disussion of trading psychology and money management
- Van K Tharp — Trade Your Way to Financial Freedom
Very sound book on money management and developing a trading system
OPTIONS
- Larry McMillan — McMillan on Options
This book has been recommended to me by options traders
POINT AND FIGURE CHARTING
- Alexander Wheelan — Study Helps in Point and Figure Technique
The best book to learn about point and figure charting
PSYCHOLOGY OF TRADING
- Jacob Bernstein — Investor's Quotient
Best selling book on managing your own psychology in trading
- Roland Barach — Mindtraps
This book explains common mind traps that limit traders and investors. Written by a psychologist with practical knowledge of trading
- Mark Douglas — The Disciplined Trader
Ground breaking book on trading psychology
- Mark Douglas — Trading in the Zone
Thorough discussion of trading psychology
TECHNICAL ANALYSIS GENERAL
- J. Welles Wilder Jnr — New Concepts in Technical Trading Systems
The original source of important indicators including RSI, Parabolic and Directional Movement
- Steven Achelis — Technical Analysis form A to Z
General purpose reference book on lots of indicators and concepts in technical analysis
- Edwards and Magee — Technical Analysis of Stock Trends
This book popularised charting and remains the definitive reference for traditional technical analysis
- Robert Rhea — The Dow Theory
The original source book on Dow theory.
TRADING GENERAL
- Donald Cassidy — Its When You Sell That Counts
Concentrates on explaining why selling is such an important part of trading
- Edwin Le Fevre — Reminiscences of a Stock Operator
The ideas of Jesse Livermore, one of the legendary traders. Easy to read and full of insights about trading
- Gerald Loeb — The Battle for Investment Survival
A Classic book on trading. Has been reprinted again and again for decades
- Michael Lewis — The Big Short - Inside The Doomsday Machine
This is a factual account of what led to the global finacial crisis. It is a very clear explanation of the arcane derivatives at the heart of the subprime mortgage disaster.
- David Dreman — The New Contrarian Investment Strategy
Explains the value approach based on low Price Earnings ratios
- Paul & Moynihan — What I Learned Losing a Million Dollars
Story of how one man learned the most important lesson in trading the hard way
YOUR LIFE IN GENERAL
- Jim Rogers — A Gift to My Children
His thoughts on investing and life in general.
- T Harv Eker — Secrets of the Millionaire Mind
How to think like a millionaire.
- Richard Koch — The 80/20 Principle
Exlains how the Pareto Principle (80/20 rule) applies to everything
- Paulo Coelho — The Alchemist
A parable about where you can find your fortune and happiness
- Max Gunther — The Luck Factor
Review and summary of main ideas
- Stanley & Danko — The Millionaire Next Door
Remarkable insights into how millionaires became wealthy