The stay-home order implemented almost a week ago has taken some getting-used to. This can be perhaps one of the best times to pay attention to yourself and focus on your own self-development.
If you’re new to investing and trading, or are thinking of getting started, the safest thing you could do for yourself is to learn the proper way of doing it before putting your money in. Yet sometimes, you may want to read up on your chosen field to gauge if it’s right for you.
To help you do that, we asked our coaches about the resources they found useful when they started on their investment or trading journey. Here are our top picks of books you can find on our coaches’ bookshelves!
#1. The Little Book That Makes You Rich: A Proven Market-Beating Formula for Growth Investing by Louis Navellier
What is this book about?
You will learn about the fundamental criteria in investing, and how people analyse the stock market.
Who should read this book?
People who are new to the stock market and who want to know how it operates.
#2. The Little Book of Market Wizards by Jack D. Schwager
What is this book about?
It is a collection of interviews with top traders presented in a very concise format. The content is divided into short chapters, making it easy to read if you don’t have much time but want to digest the contents quickly.
Who should read this book?
If you ever wanted to get know how the top traders think, this is the book for you! Investors or traders who want to think like a professional in this field will find this book to be a useful first step in achieving that goal.
#3. Lessons from the Greatest Stock Traders of All Time: Proven Strategies Active Traders Can Use Today to Beat the Markets by John Boik
What is this book about?
We learn best through experience, including the experience of others. This book examines the careers of five traders and reveals strategies active traders can use today to beat the market.
Who should read this book?
Anyone can benefit from this book, especially those seeking to get started in trading or investing.
#4. Thinking, Fast and Slow by Daniel Kahneman
What is this book about?
Although not strictly a book about investment or trading in the stock market, Kahneman explores the ways we make decisions - both good and bad. Since decisions are a big part of investing and trading, this book will help you understand yourself better in not just of investment, but in other areas of life as well.
Who should read this book?
Those who enjoy consuming material on personal development and psychology will find this a satisfying read, but will also benefit those who make decisions regularly - be it which stock to buy, or to even start investing or trading to begin with!
We hope you enjoy these titles as much as our coaches did.
Trading success relies heavily on psychology and discipline rather than just strategy. Many traders fall into emotional traps like holding onto losing positions and chasing market trends driven by FOMO. By implementing systematic capital protection strategies and prioritizing risk management, traders can overcome these bad habits to achieve consistent, long-term returns.
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