What Books Do Successful Traders Recommend?

July 9th, 2007

If you follow the StockTickr Interview Series (RSS feed), you know that one of my favorite questions to ask is what three books they recommend traders read.  I admit there are selfish reasons behind this question – I want to read what they recommend!

I’ve been meaning to tally up this list for a long time.  I had an idea which books were coming up again and again in their recommendations, but I had no idea that there were 75 unique books recommended so far.  It seems like a consensus has formed at the top – Trade Your Way to Financial Freedom is the runaway winner and for good reason, in my opinion.  It was also interesting to me to see books recommended that were completely unrelated to trading (or so it seemed).

Here’s the current tally with links to the interviews where they were originally recommended.

No. Cover Title Recommendations Interviews Recommended
1. Trade Your Way to Financial Freedom Trade Your Way to Financial Freedom 14 Eyal Maoz, Van Tharp, Bill Cara, Smita Sadana, Declan Fallon, Alan Farley, Eric Cahoon, Ugly from UglyChart.com, Bruce Brotnov (Poormans), Dan Mirkin, Mike Seneadza, TraderMike, Trader Gav, Brian Schumacher, BTStrader, Chris Perruna
2. How to Make Money in Stocks How to Make Money in Stocks 9 Nusair Bawla (alibawla), Ugly from UglyChart.com, Bruce Brotnov (Poormans), Dave Johnson, Highchartpatterns Group, Brian Schumacher, BTStrader, MC, PinoyTRADER, Chris Perruna, John Forman, Trading Coach
3. Japanese Candlestick Charting Techniques Japanese Candlestick Charting Techniques 8 Eyal Maoz, Declan Fallon, Trader-X, Jamie, Wall St. Warrior, Jason (a.k.a. Estocastica), Zoomie, Joey Fundora, DownTownTrader, Gary from CalmTrading
4. Reminiscences of a Stock Operator Reminiscences of a Stock Operator 7 Jeff White, a.k.a. The Stock Bandit, Dave Landry, Nusair Bawla (alibawla), Gary B. Smith – the Chartman, Dan Mirkin, Richard Todd, Howard Lindzon
5. Market Wizards Market Wizards 6 Jeff White, a.k.a. The Stock Bandit, Dave Landry, Gary B. Smith – the Chartman, Van Tharp, Ugly from UglyChart.com, JC, the NYSE Scalper
6. Secrets For Profiting in Bull and Bear Markets Secrets For Profiting in Bull and Bear Markets 6 Bruce Brotnov (Poormans), Jamie, Wall St. Warrior, Brian Shannon, AlphaTrends, Stan Weinstein, The Blogosphere Calls, Dave Johnson, Tom C. from Trader-X
7. Technical Analysis of Stock Trends by Edwards and Magee Technical Analysis of Stock Trends by Edwards and Magee 5 Dave Landry, Alan Farley, Kernan of TradeTheMove.com, Jamie, Wall St. Warrior, Zoomie
8. Trading For A Living Trading For A Living 5 Smita Sadana, Alan Farley, Ugly from UglyChart.com, Dan Mirkin, JC, the NYSE Scalper
9. Trading in the Zone Trading in the Zone 5 Jamie, Wall St. Warrior, JC, the NYSE Scalper, Mike Seneadza, TraderMike, Elliot Dole, Tim Knight, Prophet.net
10. Pit Bull Pit Bull 5 Eyal Maoz, Richard Todd, Howard Lindzon, Brian Shannon, AlphaTrends, Zoomie
11. Technical Analysis of the Financial Markets Technical Analysis of the Financial Markets 4 Declan Fallon, Alan Farley, Andy Swan, Trader Gav
12. How I made 2 million dollars in the stock market How I made 2 million dollars in the stock market 4 Nusair Bawla (alibawla), Ugly from UglyChart.com, Highchartpatterns Group, MC, PinoyTRADER
13. Master Swing Trader Master Swing Trader 3 Alan Farley, Kernan of TradeTheMove.com, Tom C. from Trader-X
14. Methods of a Wall Street Master Methods of a Wall Street Master 3 Smita Sadana, Mike Seneadza, TraderMike, Will Fisher
15. The New Market Wizards The New Market Wizards 3 Van Tharp, Smita Sadana, Dan Mirkin
16. Market Wizards Market Wizards 2 Tim Knight, Prophet.net, John Forman, Trading Coach
17. Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications by John J. Murphy Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications by John J. Murphy 2 Jamie, Wall St. Warrior, Jason (a.k.a. Estocastica)
18. The Reminiscences of a Stock Operator The Reminiscences of a Stock Operator 2 Elliot Dole, Michelle B.
19. Market Wizards - Interviews with top Traders Market Wizards – Interviews with top Traders 2 Richard Todd, Dave Johnson
20. Fooled by Randomness Fooled by Randomness 2 Richard Todd, Will Fisher
21. understanding technical analysis understanding technical analysis 2 Dave Landry, Bill Cara
22. The Psychology of Trading The Psychology of Trading 2 Brett Steenbarger, Unemotional Trading? Impossible.
23. second one second one 2 Jeff White, a.k.a. The Stock Bandit, Gary B. Smith – the Chartman
24. Intermarket Analysis: Profiting from Global Market Relationships Intermarket Analysis: Profiting from Global Market Relationships 1 Joey Fundora, DownTownTrader
25. Infantry Soldier Infantry Soldier 1 Bill Rempel, NoDooDahs
26. The Trading Athlete: Winning the Mental Game of Online Trading The Trading Athlete: Winning the Mental Game of Online Trading 1 Doug Hirschhorn, Trading Coach
27. Inside the House of Money Inside the House of Money 1 Denise K. Shull
28. The Education of a Speculator The Education of a Speculator 1 Brett Steenbarger
29. The Psychology of Winning The Psychology of Winning 1 Gary from CalmTrading
30. Trend Trading Trend Trading 1 Trader Gav
31. The Book on the Taboo Against Knowing Who You Are The Book on the Taboo Against Knowing Who You Are 1 Will Fisher
32. King Rat King Rat 1 Bill Rempel, NoDooDahs
33. How I Trade and Invest in Stocks and Bonds How I Trade and Invest in Stocks and Bonds 1 Elliot Dole
34. The Stock Trader The Stock Trader 1 Kernan of TradeTheMove.com
35. When Genius Failed When Genius Failed 1 Denise K. Shull
36. The Market is Always Right The Market is Always Right 1 Brian Shannon, AlphaTrends
37. The Elements of Successful Trading The Elements of Successful Trading 1 Dave Landry
38. The Singularity is Near The Singularity is Near 1 Jon Tait, the Fickle Trader
39. Chart Your Way to Profits Chart Your Way to Profits 1 Tim Knight, Prophet.net
40. Oh, the Places You'll Go! Oh, the Places You’ll Go! 1 Dave Landry
41. How Charts Can Help You in the Stock Market How Charts Can Help You in the Stock Market 1 Brian Shannon, AlphaTrends
42. Mastering the Trade Mastering the Trade 1 Mike Seneadza, TraderMike
43. Shibumi Shibumi 1 Bill Rempel, NoDooDahs
44. Street Smarts: High Probability Short-Term Trading Strategies Street Smarts: High Probability Short-Term Trading Strategies 1 Brett Steenbarger
45. Come Into My Trading Room Come Into My Trading Room 1 Smita Sadana
46. Tools and Tactics for the Master DayTrader: Battle-Tested Techniques for Day, Swing, and Position Traders Tools and Tactics for the Master DayTrader: Battle-Tested Techniques for Day, Swing, and Position Traders 1 Joey Fundora, DownTownTrader
47. Markets in Profile Markets in Profile 1 John Forman, Trading Coach
48. The Disciplined Trader The Disciplined Trader 1 Michelle B.
49. The Predictors The Predictors 1 Gary B. Smith – the Chartman
50. Jonathan Livingston seagull Jonathan Livingston seagull 1 Gary from CalmTrading
51. Financial Freedom through Electronic Day Trading Financial Freedom through Electronic Day Trading 1 Mike Seneadza, TraderMike
52. Mind over Markets Mind over Markets 1 Brett Steenbarger
53. Peak Performance Course for Traders & Investors Peak Performance Course for Traders & Investors 1 Van Tharp
54. Option Pricing and Volatility Option Pricing and Volatility 1 Adam Warner
55. Options as a Strategic Investment Options as a Strategic Investment 1 Adam Warner
56. New Thinking in Technical Analysis New Thinking in Technical Analysis 1 Declan Fallon
57. The Richest Man in Babylon The Richest Man in Babylon 1 Jon Tait, the Fickle Trader
58. Safe Strategies for Financial Freedom Safe Strategies for Financial Freedom 1 Van Tharp
59. High Probability Trading High Probability Trading 1 Highchartpatterns Group
60. Dave Landry on Swing Trading Dave Landry on Swing Trading 1 Gary from CalmTrading
61. How to read Charts How to read Charts 1 Michelle B.
62. Enhancing Trader Performance Enhancing Trader Performance 1 Unemotional Trading? Impossible.
63. Confessions of a Street Addict Confessions of a Street Addict 1 Trader-X
64. How to trade in Stocks How to trade in Stocks 1 MC, PinoyTRADER
65. The Essentials of Trading The Essentials of Trading 1 John Forman, Trading Coach
66. Reminiscences of a Stock Operator Reminiscences of a Stock Operator 1 Chris Perruna
67. Bulkowski - Encyclopedia of Chart Patterns Bulkowski – Encyclopedia of Chart Patterns 1 Bruce Brotnov (Poormans)
68. One Jump Ahead One Jump Ahead 1 Gary B. Smith – the Chartman
69. Rich Dad, Poor Dad Rich Dad, Poor Dad 1 Brian Schumacher, BTStrader
70. Chaos Chaos 1 Jon Tait, the Fickle Trader
71. the book I learned from the book I learned from 1 Bill Cara
72. Unexpected Returns: Understanding Secular Stock Market Cycles Unexpected Returns: Understanding Secular Stock Market Cycles 1 Van Tharp
73. Statistics for Dummies Statistics for Dummies 1 Jon Tait, the Fickle Trader
74. Emotional Intelligence Emotional Intelligence 1 Denise K. Shull
75. Greg Morris' book on candlesticks Greg Morris’ book on candlesticks 1 Declan Fallon

3 Comments

  1. Trader Eyal » Blog Archive » Trading Books Said,

    July 9, 2007 @ 9:45 am

    […] for a trading book to read? Check out this interesting compilation by Dave of Books Recommended by Successful Traders. So what’s so special about another list of trading books? Amazon has these by the dozen […]

  2. Closet Daytrader Said,

    July 9, 2007 @ 1:54 pm

    Your #11 and #17 seems to be a duplicate. No?

  3. stocktickr blog » Blog Archive » Interview with Dr. Bruce Hong, ER Physician Said,

    August 8, 2007 @ 3:07 am

    […] StockTickr: What 3 books do you recommend traders read? (Note: see which books are most recommended by interviewees here.) […]

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