I have read MOST of the books mentioned in this thread, and it is hard to try to mention what I feel is the best ever. On the flip-side, some of the ones mentioned here I considered close to a waste of time. I guess that is... personal compared to someone's skill-level? I still have so many in my library left to read as well. I guess currently the first few on my top list would be... Warren Buffett and the Interpretation of Financial Statements One of my most read books. It's worth it to re-read this over and over a few times if you don't have photographic memory. It's almost like a small pocket-book hard-cover, but I love it. Reminiscences of a Stock Operator This one shockingly surprised me. It made me more interested by far in the old-days of stocks. It even was my top pic a year ago. The Complete Guide to Option Selling The James Cordier book (his first one). I guess I keep re-reading this one every year just to see how much I think I may have improved from his initial thesis. Unfortunately (or fortunately?) his hedge fund blew up, so there isn't likely to be any more books by him on shorting vol (especially strangles). His last book he wrote seems to have been canceled shortly after the blow-up, as it's never hit the shelves despite I have a copy of what was to be the jacket-cover.
Everyone on ET should write their own trading book -- that would be just laughable, and so full of sh8t and no results, People would make more money....by releasing explosive diarrhea onto the pages....and calling it Art, selling that unique Art,
I have read a few books like that lol. People would literally sell anything and call it the “best” book.
It's a shame, sad and pathetic....how some people can gain so much influence and this seeming layer of respect, and riches. When there depth is rather so empty and shallow and faux. Not just talking about trading, but all facets of life, society and humanity. I hate to pass judgement so quickly, and make assumptions, but I'm willing to wager....I'm a better trader than 94% of the so-called authors, gurus, teachers and personalities out there across public. It's all about Confidence, a con game...to sell lost souls.
Some of my favorite books: - How I Made $2,000,000 In The Stock Market (Nicolas Darvas) - Reminiscences- of a Stock operator (Jesse Livermore) - The Ultimate Trading Guide (John R. Hill, George Pruitt, Lundy Hill) - Trading Systems that Work (Thomas Stridsman)
The best I've read so far has to be Trade like a Stock Market Wizard by Mark Minervini. The worst I think is The Art and Science of Trading by Adam Grimes.
G. M. Loeb The Battle for Investment Survival “In my practical experience, the way to successful investment lies much more in learning how to utilize your best thoughts and minimize your worst rather than in being better at selection or better at timing than the average.”