Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

5 Books Every Beginner Trader & Investor Should Read


You can find Macro Ops’ comprehensive reading list here.

If you want to be a successful trader then you have to read… A LOT.  

A good trader is a polymath. He knows a lot about a lot of different things. That’s the only way to string together market insights that no one else can.

The following 5 books are perfect for any beginner trader and investor to read. They give you a broad overview of markets while teaching you the tenets of successful trading.

How To Make Money In Stocks by William O’Neil will teach you a full strategy to trade growth stocks. It combines fundamentals, technicals, and sentiment into simple rules you can follow to pick the next Amazon.

Jack Schwager’s Market Wizards series reveals the methods and strategies of some of the most successful traders in history.

Reminiscences Of A Stock Operator by Edwin Lefevre depicts the life and times of Jesse Livermore, the original global macro trader.

Jim Paul’s What I Learned Losing A Million Dollars will teach you all about risk and investing psychology.

And finally Michael Cover’s The Complete TurtleTrader will show you the value of simplicity in trading and how important following your system really is.

We go into detail about all these books above!

Make sure to subscribe to the Fallible channel here.

And if you’re on Facebook, you can find our page here.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.