What are the best books on trading?

Discussion in 'Educational Resources' started by charl777, Mar 20, 2006.

  1. charl777

    charl777

    thanks...i have this book on my list
     
    #11     Mar 20, 2006
  2. imo, the best books on trading aren't really "on trading".

    they are books on game theory.

    this is as distinguished from INVESTING, which of course is entirely different.

    but in trading, you are trading other traders, not the underlying securities (essentially), so you need to understand the psychology behind other traders.

    game theory will help you understand how to partition risk/reward/position size, etc.

    but i think the schwager books are great. as entertainment and background.
     
    #12     Mar 20, 2006