8 best books on trading
Anyone who wants to become a real trader, should get acquainted with the relevant literature. Of course, it’s not enough to assimilate theoretical material, it is important to practice under the guidance of professionals and to believe in yourself. However, modern books on trading can hone knowledge and help increase capital. Therefore, we decided to make a rating of the best benefits on the competent purchase and sale of securities.
Trading publications include:
- scientific works;
- historical facts;
- articles on psychology;
- examples of achievements of financiers;
- thematic literary works.
According to the reader, similar literature is divided into several types - for beginners, practicing traders and pros.
Rating of the best books on trading
| Nomination | a place | book | price |
| The best books on trading for beginners | 1 | Trading with Dr. Elder. Encyclopedia of the stock game | 884 ₽ |
| 2 | Technical analysis of financial markets | 1 639 ₽ | |
| 3 | How to play and win on the stock exchange | 1 049 ₽ | |
| 4 | Exchange Grail or the Adventures of the trader Buratino | 964 ₽ | |
| 5 | Exchange at your fingertips | 181 ₽ | |
| Top trading books for experienced and professional | 1 | One good trade. Hidden information about the highly competitive world of private trading | 350 ₽ |
| 2 | Elliott Wave Principle: The Key to Understanding the Market | 815 ₽ | |
| 3 | Trader's Small Encyclopedia | 768 ₽ |
The best books on trading for beginners
Books from the first selection will help inspire an inexperienced trader, to understand the true image of this business.
Trading with Dr. Elder. Encyclopedia of the stock game. A. Helder
Rating: 4.9
The first participant in the rating is the Bible of a novice trader. The manual consists of three parts, which describe various aspects of market activity. An important emphasis is placed on the psychology of this type of earnings and money management. From the book, the reader will learn how to control risks and avoid losses. In it you can find the actual questions of newbies in the field of trading and the answers to them.
It cannot be said that everyone who has read this book will be able to start trading stocks. However, the publication will become a guide in the world of practice and will help on a psychological level. I am glad to have a lively and idle language with a bit of humor and a large list of methods that work in trading on cryptocurrency.
Technical Analysis of Financial Markets, J. Murphy
Rating: 4.8
The next book is considered the best publication in the field of forecasting the movement of asset prices. It is the foundation from which to start the work of any trader. At first glance, the topic seems complicated. In the process of reading, tools, pricing models, sales strategies and tactics become clear. All this thanks to intelligible language, a sufficient number of examples with illustrations and explanations.
This book is a must-read for any trader. Readers are advised to purchase a paper version of the publication with updated clear graphics. They have no comments on the text itself. The manual will teach to earn steadily and tell you that there is no easy fast money on the market.
How to play and win on the stock exchange. Alexander Elder
Rating: 4.7
And again in the ranking is the book of Elder - a qualified financier and experienced stockbroker.He believes that the winning activity is based on three factors. They are considered in the book, which has become a bestseller and is popular in many other countries.
The author easily talks about the management of money in the account, profitable transactions, and various analysis tools. After studying this manual, you can safely move on to more serious literature. A clear advantage of the book is the presence of tests to consolidate their knowledge. After reading it, everyone will be able to understand whether this type of activity suits him or not.
The Exchange Grail or The Adventures of the trader Buratino. A. Gerchik, T. Lukashevich
Rating: 4.6
Next in the ranking is a book that will allow you to understand the many nuances of the current stock market. It is written with a touch of humor and is distinguished by intelligible language accessible to inexperienced traders. The authors are talking about the rules of trading securities, levels and algorithms of activity. This is a great option for those who want to try their hand in the world of stocks and in the future to get a good profit.
Readers like how typical mistakes are displayed in a small fairy tale, psychological problems are easily stated. The authors caution future traders from hard disappointments and help to save money.
Exchange at your fingertips, V.Ilyin, V.Titov
Rating: 4.5
The next participant in the rating is a great assistant for a recruit. The book will help to understand the structure of the stock market, its mechanisms and techniques of work. In it you can find a lot of important information about the development of the exchange, the details of trade. With the help of this manual it will turn out to competently manage your own funds and multiply them in the market, make the right decisions during the implementation of operations, correctly assess the situation.
The authors covered almost all topics related to the stock exchange. Therefore, the book is required for initial and superficial familiarization. It is perfect as the first textbook about trading.
Top trading books for experienced and professional
The nomination includes works of renowned experts in the field of trade and financial transactions who have proven their experience in practice.
One good trade. Hidden information about the highly competitive world of private trading, M. Bellafiore
Rating: 4.9
The category is opened by the work of a popular trader who is familiar to readers with his original views on the market and a non-standard approach to stock trading. The author talks about his personal 12-year experience, giving examples and focusing on the secrets of personal trading. There are many true stories in the book, acquaintance with the successful colleagues of Mike Bellafiore.
The manual is suitable for experienced and professional professionals. Readers recommend the book to be acquired and say that from it they have learned a lot about the restraint, the blind belief in success, the rigidity of trade. The publication is “swallowed” in one evening. It is required to read scalpers. Reviews of the book are mostly approving.
Elliott Wave Principle: The Key to Understanding the Market. Forex, Frost, Prekter
Rating: 4.8
Next in the compilation is a book that is one of the best publications on the study of Elliott waves. The manual is suitable for practicing trailers. From the first, not everyone will be able to understand the secrets of the theory. This book can not be read excerpts, while doing another thing. To assimilate the laws of the appearance of waves, you will need to painstakingly ponder over every word and work on yourself.
The book has several diagrams and drawings with confirmed examples. The Elliott Wave Principle is called the best prediction method. The publication contains a thorough description of the market, information about its possible path. Readers recommend using Prechter's original translation, which is available on the Internet.
Small encyclopedia trader, E. Naiman
Rating: 4.7
The latest edition is useful to all.Naiman's work is a qualitatively presented material on the psychology of trading, minimizing losses, and analyzing financial indicators. In addition to the theoretical foundations, it displays many examples from practice, there are instructions on making decisions in a given situation.
Written manual fresh laconic language. In some places it is quite fascinating. Readers are delighted with how the author sincerely shares his unchanging experience, he talks interesting about the Forex market. Some people say that they have learned little after reading and consider the time spent on the book to be useless. Ambiguous reviews of the publication only spur interest in the book. In any case, it is worth reading it yourself. This is the only way to figure out whether it is suitable for a particular level trader or not.
Attention! This rating is subjective, is not advertising and does not serve as a guide to the purchase. Before buying, you should consult with a specialist.
