Top 5 Trading Books for Complete Beginners

Trading is quite risky, and you definitely need to know how financial markets work to perform successfully. That knowledge should include both fundamental and technical analysis, strategy making, and at least some basic psychology. That’s why we’ve arranged this list of top 5 books about trading that are simple, profound, and suitable for complete beginners.

Technical Analysis from A to Z — Steven Achelis

Technical analysis is essential for every trader, and this book is widely considered simply one of the best ways to learn it. Achelis is an experienced trader who has developed his own system of market analysis, and here he explains it in the simplest way. That makes this book incredibly useful even for complete beginners.

Beating the Street — Peter Lynch

However useful technical analysis skills may be, you can’t really trade without understanding fundamental analysis: reports, opinions, and so on. And this book has everything you need for a great start. Written by a legendary investor, it teaches you how to monitor markets, mitigate risks, and avoid devastating mistakes. It’s definitely one of the best trading books out there.

The Intelligent Investor — Benjamin Graham

One of the most well-known books about investing, this iconic work clearly articulates all the most basic principles of creating your own trading strategy on the stock market. Here you can find a wide variety of tools and advices that you can apply to just about any situation. They’re so universal that you probably can use them even for trading crypto or similar assets.

How I Trade for a Living — Gary Smith

This is another book dedicated to creating your trading strategy. Written by a self-made trader who has turned $2.000 into $650.000 in just 13 years, this work teaches you how to reproduce those results without taking too much risk. But what’s even better, it helps you develop a calm, thoughtful approach to trading that may prevent you from losing your money.

Trading in the Zone — Mark Douglas

Even if you’re an expert in analyzing markets and building strategies, you can lose everything with just one impulsive decision made out of fear or greed. That’s why you really need to learn a thing a two about psychology, and this is a perfect book for beginners. It explains how traders can keep a stable psychological state and what factors may interfere.

Latest

Automated Bitcoin robots are on the rise, but are they legit?

There is no shortage of crypto trading robots on...

Must-Have Tools for Running Remote

Switching to running remote is becoming more and more...

The Benefits and Risks of Day Trading Crypto

The cryptocurrency markets are always moving. People trade and...

What Is Kusama (KSM) and How Does It Work?

Did you know that 56% of American adults report...

Newsletter

Don't miss

Automated Bitcoin robots are on the rise, but are they legit?

There is no shortage of crypto trading robots on...

Must-Have Tools for Running Remote

Switching to running remote is becoming more and more...

The Benefits and Risks of Day Trading Crypto

The cryptocurrency markets are always moving. People trade and...

What Is Kusama (KSM) and How Does It Work?

Did you know that 56% of American adults report...

Reasons why Bitcoin is a popular choice for Crypto Investors

Bitcoin has been a centre of attraction in the...

Automated Bitcoin robots are on the rise, but are they legit?

There is no shortage of crypto trading robots on the market now, and that’s no accident. People are looking for instant gratification and fast...

Must-Have Tools for Running Remote

Switching to running remote is becoming more and more common. Though running remote may save lots of businesses, it has its challenges. The challenges...

The Benefits and Risks of Day Trading Crypto

The cryptocurrency markets are always moving. People trade and send crypto to other users at every hour of the day. On the Binance exchange...

LEAVE A REPLY

Please enter your comment!
Please enter your name here