📚 Books on the best traders of all time
1️⃣ Jack Schwager - “Stock Market Magicians”
▪️ Why you should read it:
Interviews with the best traders (Paul Tudor Jones, Bruce Kovner, etc.). They are not just success stories; they are real strategies, psychology, and approaches to risk management.
2️⃣ Mark Douglas - “Trading in the Zone”
▪️ Why you should read it:
One of the best books on trading psychology. It teaches how to think in probabilities, control emotions, and eliminate mental blocks for profitable trading.
3️⃣ Jesse Livermore - “Memories of a Stock Speculator”
▪️ Why read it:
An artistically narrated autobiography of one of the first legendary traders. A classic in the trading book genre.
4️⃣ Larry Williams - “Long-Term Secrets of Short-Term Trading”
▪️ Why read it:
The author is a world champion trader who increased his account by 11,000% in one year. The book is a goldmine of technical analysis and short-term strategies.
5️⃣ Alexander Elder - “Trading with Dr. Elder”
▪️ Why read it:
A comprehensive course on trading: from psychology and strategy to risk management. Elder is a practicing trader and psychiatrist, which has allowed him to perfectly describe how a trader's mind works.
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