Non-Trading books that every trader should read

nokomisjeff has a great list here: http://masteroftheuniverse.wordpress.com/books-to-download/

Most of these books are courtesy of Gutenberg.org and have to be downloaded. If y’all have any extra links for me to add, drop me a note.

The Road to Serfdom by F.A. Hayek

Hidden Treasures, or Why Some Succeed While Others Fail by Harry Lewis

“Successfull Stock Speculation” Butler

“Fundamentals of Prosperity” Babson

“Letter from Self-Made Merchant to his Son” by George Horace Lorimer

“The Tipster” Edwin Lefevre

“Anthem” Ayn Rand

“Bartleby the Scrivener” Melville

“The Pit” Frank Norris

“Don Quixote” Cervantes

“Reminiscences” Le Fevre

“Theory of the Leisure Class” Veblen

“Chance and Luck” Proctor

Speculation on the Stock and Produce Exchange of the United States by Emery

Principles of Political Economy by Roscher

The Market-Place by Harold Ferderic

Chronicles and Characters of the Stock Exchange by John Francis

Memoirs of Extraordinary Popular Delusions and the Madness of Crowds by Charles Mackay

Everybody’s Guide to Money Matters by William Cotton

The Jungle by Upton Sinclair

Frenzied Finance by Thomas William Lawson

The Guilded Age by Mark Twain and Charles Dudley Warner

The Villainy of Stock Jobbers Detected by Daniel Dafoe

The Communist Manifesto by Karl Marx and Friedrich Engels

An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith

Twenty Eight Years in Wall Street by Henry Clews

Random Reminiscences of Men and Events by John D. Rockefeller

Beat the Market

The Autobiography of Benjamin Franklin by Benjamin Franklin

Complete published works by Sir Francis Galton

My Life and Loves by Frank Harris

How to Trade in Stocks by Jesse Livermore

45 Years in Wall Street by W.D. Gann

Written by masteroftheuniverse

January 4, 2009 at 3:37 am
 
Non-Trading books that every trader should read
-----------------------

"The Gift of Fear". (basically, discover intuition and why we should embrace intuition).

"Blink" Although there is one short chapter which mentions trading the book is about gut instinct.

While we all would like to live and die on gut instinct or intuition, it is real and has a basis in knowledge and experience. Pretty cool subject and a refreshing read from the ordinary finance genre.
 
Understanding how the world really works is the first key to grasping the markets. With this said, the 3 books that influenced me the most and continue to in this regard are

1. Techgnosis

2. The fourth turning

3. The 500 year delta


Enjoy!
 
Quote from KDASFTG:

Greetings,

If you're ready for a real eye opener, then read your bible. If you'll do this with a trading perspective in mind, there are some powerful principles, ideas, and concepts there, that you would have more than likely never thought of before.

Works for me everytime.

Thanks

Absolutely! Great post!
 
Back
Top