Stock trading is something that has a lot of mystique surrounding it. There is a real hunger for knowledge about this subject from professionals, academics, and those just with a passing interest. There are now plenty of great books on the subject and where we will examine the top five best stock trading books available at the moment.
A Beginner’s Guide to Day Trading Online -2nd edition- by Toni Turner (2007)
Toni Turner is a trading expert and in this book he shares much of his knowledge. The text is aimed at the beginning, but it will likely be of value to almost anyone interested in the subject. All the complicated jargon that is used in trading is clearly explained and people who read this book are almost certainly going to feel like they learnt something by the end of it. If you just want a good introduction to trading then this would be a good book to start with.
High Probability Trading by Marcel Link (2003)
High probability is considered to be one of the most important texts about trading written in recent years. This is another good book for those new to trading or for those who just want to brush up on the topic. For a lot of people this is going to be the only book they will ever need on trading and there is a lot of knowledge contained within these pages. The writer has done his best to make the subject material understandable and most who have read it agree that he has done an excellent job of this.
As well as having an impressively long title this book also manages to impress in other ways as well. This is another text that will work well as an introduction to trading but it does delve into the subject enough to make it worthwhile even those with a bit of knowledge already. It is a short book at only 136 pages but it packs in a lot of valuable information.
Trend Trading for a Living: Learn the Skills and Gain the Confidence to Trade for a Living by Thomas K. Carr (2007)
This book is jam packed with practical advice for how to be a successful trader. It is something that will likely benefit even an experienced. The insights provided in the book are not available elsewhere and this is why it remains such a popular text. If you want a book that is going to tell you how to trade successfully then this would be a good one to choose.
Come Into My Trading Room: A Complete Guide to Trading by Alexander Elder (2002)
This book is another excellent introduction to the practicalities of trading as well as the psychology of becoming a success at it. It is obvious that Alexander Elder knows his subject well and this book provides a great insight into what it takes to become a winner in the world of trading. The author holds nothing back and this means that the reader really feels like they are getting insights into the world of trading. This book also provides an excellent analysis of risk management and other crucial ideas for traders.