Books on Trading Stocks

[sfarieri]

Can anyone recommend a really good book on trading stocks, the stock market etc.

 

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[Mathuin]

Can anyone recommend a really good book on trading stocks, the stock market etc.

That's a very broad question.

Which part specifically? Evaluating individual stocks, index funds, options, long/short portfolio management, daytrading?

Search on Amazon and Google. Look for good reviews.

From a Fastlane perspective, MJ DeMarco has described selling options as the "Fastlane of Finance". You could pick up a book on that, or watch "Tastytrade". MJ also has a long thread on this in the "INSIDERS".

Here's a link to MJ on the "Invest like a Boss" podcast.

View: https://www.youtube.com/watch?v=woIcaSSNNn8&t=1311s


Be careful though as a lot of the resources out there on stocks are from a Slowlane perspective.


**edited for misspelling of there**

 

[sfarieri]

That's a very broad question.

Which part specifically? Evaluating individual stocks, index funds, options, long/short portfolio management, daytrading?

Search on Amazon and Google. Look for good reviews.

From a Fastlane perspective, MJ DeMarco has described selling options as the "Fastlane of Finance". You could pick up a book on that, or watch "Tastytrade". MJ also has a long thread on this in the "INSIDERS".

Here's a link to MJ on the "Invest like a Boss" podcast.

View: https://www.youtube.com/watch?v=woIcaSSNNn8&t=1311s


Be careful though as a lot of the resources out their on stocks are from a Slowlane perspective.

Thanks for that information. I'll take a look.

Probably evaluating individual stocks and all the lingo.

 

[Mathuin]

Thanks for that information. I'll take a look.

Probably evaluating individual stocks and all the lingo.

In that case, "The Intelligent Investor", "Security Analysis" etc. Could also watch "Roaring Kitty" on YT, the guy who was an early owner of Gamestop Calls. Breaks his method down on YT Videos.

 

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[Rabby]

I enjoyed "Options as a Strategic Investment" when I started trading options. I only use a subset of the techniques documented, but understanding them, and having a broader view of how options can work with a portfolio has made a lot of difference. I probably read it 20 years ago, but there are newer editions: Amazon.com: Options as a Strategic Investment: Fifth Edition (0884389531726): McMillan, Lawrence G.: Books

Incidentally, I think understanding options is one of the better things to do if you're interested in stocks or commodities. If you understand them as tools for risk management, control, cost-effective leverage, and making income off of stocks you own, they'll do you good. And if you look at them as an extension of the craps table, they'll help you understand why hope and luck are generally not a wholesome part of your investment strategy.

 

[sfarieri]

I enjoyed "Options as a Strategic Investment" when I started trading options. I only use a subset of the techniques documented, but understanding them, and having a broader view of how options can work with a portfolio has made a lot of difference. I probably read it 20 years ago, but there are newer editions: Amazon.com: Options as a Strategic Investment: Fifth Edition (0884389531726): McMillan, Lawrence G.: Books

Incidentally, I think understanding options is one of the better things to do if you're interested in stocks or commodities. If you understand them as tools for risk management, control, cost-effective leverage, and making income off of stocks you own, they'll do you good. And if you look at them as an extension of the craps table, they'll help you understand why hope and luck are rarely a wholesome part of your investment strategy.

Will look into it. Thank you for your recommendation and insight.

 

[eterogeniusbrain]

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[Marigold]

Can anyone recommend a really good book on trading stocks, the stock market etc.

The Naked Trader - awesome book!!! (UK)

 

[sfarieri]

The Naked Trader - awesome book!!! (UK)by John Reynolds?

 

[Marigold]

beg your pardon, by Robbie Burns. I forgot to put his name as he goes by the name of the Naked Trader

I think even if outside the UK you'd find incredible value in the book as he breaks down his strategy for knowing which companies to invest in using ADVN. It's really helped me considerably.

 

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