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Reminiscences of a Stock Operator

Edwin Lefevre · 1923

👤 Trader storiesFree online

Livermore, thinly disguised. The oldest book on this list and still the one that describes how a losing streak actually feels.

Published 1923, public domain in the US.

Psychology of the Stock Market

G. C. Selden · 1912

🧠 PsychologyFree online

A hundred years old and it still reads like a description of my own bad days. Short, ninety pages.

Published 1912, public domain.

The Psychology of Speculation

Henry Howard Harper · 1926

🧠 PsychologyFree online

Subtitled "the human element in stock market transactions". Sits right next to Selden.

Public domain.

Extraordinary Popular Delusions and the Madness of Crowds

Charles Mackay · 1841

📜 Market historyFree online

Tulip mania, the South Sea Bubble, the Mississippi scheme. Read the three financial chapters first, the rest is a bonus.

Published 1841, public domain.

The Cycles of Speculation

Thomas Gibson · 1907

📜 Market historyFree online

Booms and busts as a repeating pattern, written before anyone called it a cycle.

Public domain.

The Theory of Stock Exchange Speculation

Arthur Crump · 1874

📜 Market historyFree online

Victorian London. Useful mostly for how little the mistakes have changed.

Public domain.

Trading in the Zone

Mark Douglas · 2000

🧠 Psychology

The five fundamental truths. Read it once a year, it lands differently every time.

The Disciplined Trader

Mark Douglas · 1990

🧠 Psychology

The earlier, rougher version of the same argument. Heavier going, worth it.

Best Loser Wins

Tom Hougaard · 2022

🧠 Psychology

On trading large without flinching, and why normal behaviour loses money.

Fooled by Randomness

Nassim Nicholas Taleb · 2001

⚖️ Risk and money

The reason a good month proves nothing. Sample size, survivorship, luck.

Thinking, Fast and Slow

Daniel Kahneman · 2011

🧠 Psychology

Not a trading book. Explains most of my worst entries anyway.

Market Wizards

Jack D. Schwager · 1989

👤 Trader stories

Interviews. Everyone has a different method, everyone cuts losses.

Technical Analysis of the Financial Markets

John J. Murphy · 1999

📈 Technical

The reference book. Not read front to back, looked things up in.

Japanese Candlestick Charting Techniques

Steve Nison · 1991

📈 Technical

Where the candle names come from, and what they meant before they were memes.

Trading for a Living

Alexander Elder · 1993

⚖️ Risk and money

Mind, method, money. The money-management third is the part that matters.

Atomic Habits

James Clear · 2018

🔥 Mindset and business

Journaling every trade is a habit problem before it is a trading problem.

The Psychology of Money

Morgan Housel · 2020

⚖️ Risk and money

About wealth rather than trading. Good counterweight when the screen gets loud.

About the free copies

Only books whose copyright has expired are linked, and only to Project Gutenberg and LibriVox - both of which publish public domain work legally and for free. Everything still in copyright is listed without a link on purpose. If you want one of those, buy it.