Choosing the right investing books is crucial to your success. So many
investing books have been written that we simply would not have time to
read them all.
Many investors will argue about which book is the best, because their
investing styles and experiences differ. Nevertheless, we have attempted
to find the best books that appeal to the most readers. Below are what
we have selected to be the best books in their category, based on number
of readers, reader reviews, and critics ratings.
The categories are as follows (click the links to jump to the category
of interest):
This classic book is one of the top selling investing books of
all time. Elder covers technical analysis, trading psychology,
and risk management techniques that will allow you to profit in
today's harsh trading environment.
If experienced readers had to pick only one book to read for
investing and trading, many people would chose this one. Highly
recommended.
Summary of critics comments:
Easy to Read, Written for both beginner and experienced traders,
Useful formulas, The "Bible" of Trading
This classic investing book is the benchmark for the Warren Buffet
style of value investing. Topics include how to identify beaten
down stocks, stock valuation, minimizing risk, and more. Graham,
often considered the father of value investing, taught many of
the great investors of our time, including Buffet.
Summary of critics comments:
Be an investor and not a speculator, best investing book, language
may be a little complex for some
This book presents ideas on developing a system, trading psychology,
and good money management - hidden keys to successful investing.
When do you sell a security that you have purchased? How much
should you invest into a particular position? These are questions
that most people don't think about that are addressed by this
book.
Summary of critics comments:
Many say this book is a must read, covers essential topics to
controlling your losses and letting winning trades run, sizing
risk and understanding market psychology
If you are looking for a book to develop a trading system from
technical indicators, this is one of the most highly recommended
in this area. Combine technical analysis and math skills to develop
your own trading system.
Summary of critics comments:
Excellent book to provide ideas to test, good explanation of
technical analysis and its indicators, detailed information
One of the most widely read books among option traders. Explains
how to determine fair option prices, option strategies, risk management
techniques, and more.
Summary of critics comments:
The Bible of options trading, impressive coverage of subject
matter, readable and essential, not an introduction book (for
people who want to be good at options trading)
