Reading trading books helps traders develop essential skills, understand market psychology, and improve their strategies. Books provide valuable insights from successful professionals and are useful for both beginners and professional traders.
Table of contents
- How to Choose the Best Trading Books?
- Top 10 Trading Books for 2025
- Conclusion
How to Choose the Best Trading Books?
When selecting a trading book, consider whether it is relevant to your level. Some books are ideal for beginners, while others focus on advanced strategies.
If you are looking for a good book about trading, here are more factors to consider:
- Your trading style: You for sure know your trading style. It is better to choose a book that describes it and explains how to earn with your trading style.
- Up-to-date information: Financial markets, and especially the crypto market, change and evolve. This is why it is important to choose recently written books. Newer books can also explain phenomena that didn’t exist earlier, such as algorithmic trading, for example.
- Clarity and practicality: You may prefer books that explain difficult topics easily. Also, choose books that not only explain theory but offer practical examples and case studies.
- Credibility of the author: Look for books written by successful traders. Then, it is more likely that the book will contain useful information.
- Reviews and recommendations: Check what other traders say about a book. If the book is recommended in trading communities, then it may be worth reading. T
op 10 Trading Books for 2025
Here are the best books about trading in 2025. They can be useful for beginners and experienced traders.
1. "The Turtle Trader" – Curtis Faith
This book tells the story of "Turtle Traders". This is a group of complete beginners who were trained to become successful traders.
Curtis Faith is one of the most successful Turtles. He explains everything about how they were trained. He also tells a lot about their experiences. The book explains how to follow trends in the market and earn on long-term trends. It also touches such important topics as risk management in trading and discipline.
2. "Market Wizards" – Jack Schwager
This is one of the most influential books ever written. This book is a collection of interviews with some of the most successful traders in history. Among them, you can find such legendary personalities in the world of trading as Paul Tudor Jones, Bruce Kovner, and Ed Seykota. Each trader shares their personal journey, explains how they developed their unique trading styles, and managed challenges. In these interviews, you can read about many trading approaches, such as trend following, quantitative trading, and even about some discretionary strategies.
3. "Trading Chaos" – Bill Williams
This book introduces chaos theory in trading. It denies the traditional market analysis because financial markets are non-linear. They are dynamic systems and are impacted by humans. This is why traditional technical analysis doesn’t help traders because it doesn’t consider the unpredictable nature or the market.
Williams explains how one can use technical indicators and chart patterns to analyze the market correctly. This approach not only helps to understand the market trends but also helps to understand the market psychology.
4. "The Intelligent Investor" – Benjamin Graham
This book is a must-read for investors. It explains the ins and outs of value investing. It explains how to identify undervalued stocks and make correct long-term investments.
While the majority of books are focused on short-term benefits, Graham teaches the principles of fundamental analysis, long-term investment strategies, and risk management. It shows how to make well-researched decisions based on the asset’s intrinsic value.
5. "Stock Market Course for Beginners" – A. Elder
This is a beginner-friendly guide that explains the fundamentals of stock trading. Elder is a professional trader and psychologist, this is why he managed to combine technical analysis, market psychology, and risk management in his book. In his book, Elder explains how stock market operates, It tells about the market structure, technical analysis, and trading psychology. It is a top pick for beginners.
6. "The Disciplined Trader" – Mark Douglas
Mark Douglas explains things about psychology and what challenges traders have to handle when they trade. But the author explains this all from the point of view of a psychologist. Douglas explains that many traders fail not because they don’t analyze the market properly. They fail because they aren’t disciplined enough. The author gives some tips on how to maintain discipline, control emotions, and develop a winning mindset.
7. "Trend Following" – Michael Covel
This book explains all about trend-following strategies. Covel tells us how traders can determine what the trend is now and how to trade correctly.
8. "Forex for Beginners" – Anna Kuleshova
This book is great for beginners in forex trading. It explains all about the basics of trading. Also, you can learn there about market analysis and the most important trading strategies.
9. "Risk Management in Trading" – Edwin Lefevre
This book teaches how to manage risks. The author explains all about position sizing, stop-loss orders, and why they are needed. He also shares some tips about how to diversify your trading portfolio and other things that a trader may need.
10. "Algorithmic Trading for Everyone" – Ernest Chan
This book introduces algorithmic trading concepts. It explains everything about algorithmic trading. Chan explains how to analyze market data with algorithms, and how to place and close trades. all about trading automation, quantitative strategies, and programming basics. This book is suitable for beginners and experienced traders.
Conclusion
You shall choose books about trading based on your experience and goals. For example, if you are a beginner, your choice may be "Stock Market Course for Beginners". If you are an experienced trader, you may prefer "The Disciplined Trader" or "Trend Following".
The market changes constantly, and to be successful, you shall learn constantly. Reading books may be of great help in this.
