Best Trading Books for Entrepreneurs, CEOs and Freelancers

   

Trading is something humans have done since the beginning of time. Ever since people discovered that things have value, they have been quick to use that to their advantage. But what are the tricks of the trade, so to speak, when it comes to trading?

You and I want the same thing; we both want that secret wisdom legendary traders have. While reading through the best trading books won’t necessarily guarantee that, it will offer a great start and some considerable knowledge on what to do to improve your skills.

Like many of the traders before you, you’ll get to where you need to be with sufficient experience. You may stumble and fall, but, when properly guided, you should be able to learn from your mistakes and eventually achieve success.

What’s great about my compilation of books is that there’s always one that will cover the current level of your trading skills. We’ve all got to start somewhere, right?

If you’ve only dabbled in trading before and enjoyed it, now’s your chance to get serious. It may seem like a game of luck that you’re not willing to bet on, but words from our experts should convince you otherwise. For the authors of most books in this collection, luck doesn’t just happen for anyone; it happens to those who work hard for it.

Trading books help you think more clearly so that you can make better decisions. They’re also the type of books you should read again and again so you can ingrain in yourself the lessons they teach. Don’t move from one book to another without truly understanding the purpose of the book.

So, without further ado, let me introduce you to a compilation of essential reads on trading. May these books take your trading skills to the next level and help you win at life.

Best Trading Books

One Good Trade: Inside the Highly Competitive World of Proprietary Trading

One Good Trade: Inside the Highly Competitive World of Proprietary Trading

Not exactly a business related book but to me the concepts and lessons highlighted within are highly relatable in the business world such as the value of patience in striking at the right market timing and also reading the price tape which equates to understand the flow of the market your business is in in order to better deal with it and grow as a business.
Aviers Lim
CEO/Gashub
Options Volatility Trading: Strategies for Profiting from Market Swings

Options Volatility Trading: Strategies for Profiting from Market Swings

Options Volatility Trading by Adam Warner also had a major impact on me because I have always been into investing and until this book I never quite understood the specific strategies behind making money when the market goes up OR down. I was familiar with short selling but wanted to explore option contracts so right after college a good friend gave me this book. I read it immediately and began putting what I learned into practice.
James Murphy
Marketing Manager/Live Nation
The New Market Wizards: Conversations with America's Top Traders

The New Market Wizards: Conversations with America’s Top Traders

Jack Schwager simply writes the best books about trading I've ever read. These interviews always give me a lot to think about. If you like learning about traders and trading, you'll find that reading this book is time well spent.
Richard Dennis
Trader, President/The Dennis Trading Group, Inc.
Fiasco: The Inside Story of a Wall Street Trader

Fiasco: The Inside Story of a Wall Street Trader

I remember reading this shocking book and thinking, holy shit. This book will make you sick.
Charlie Munger
Vice Chairman/Berkshire Hathaway
The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History

The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History

I have lots of books to recommend, but they are not related to my career path. The only one that is remotely related is Peter Thiel’s Zero to One. That said here are books I would recommend.
Fabrice Grinda
Serial Entrepreneur, Investor
No Bull: My Life In and Out of Markets

No Bull: My Life In and Out of Markets

As a speculator I learned to take the best from books and ideas without arguments (many readers seem to be training to be shallow critics)--good insights are hard to come by. One does not find these in the writings of a journalist. There are some things personal to the author that might be uninteresting to some, but I take the package. The man is one of the greatest traders in history. There are a few jewels in there.

The man did it. I'd rather listen to him than read better written but hollow prose from some journalist-writer.

Nassim Nicholas Taleb
Flaneur
A Random Walk down Wall Street: The Time-tested Strategy for Successful Investing

A Random Walk down Wall Street: The Time-tested Strategy for Successful Investing

If you want to get into stock trading or in case you want to become an investor, then I definitely would recommend to read the book I already mentioned and in addition: A Random Walk Down Wall Street by Burton Malkiel.
Michael Hebenstreit
Founder/MH Themes
Psychology of the Stock Market

Psychology of the Stock Market

For those interested in the stock markets ~G.C Selden's 1912 (yes 1912!!) The Psychology of the Stock Market. Human emotions and thought processes remain the same. Greed and fear. Even though my business is in fitness and wellness most of the books are pretty awful and I haven't been influenced by individuals in this sphere. i keep hearing younger trainers talking about bodybuilders and their online presence, videos, etc but that doesn't interest me. No I haven't watched Pumping Iron. There are some very good marketers to be sure such as Pat Rigsby and Ryan Lee who I have bought material from but no book per se has influenced this career.
David Sisk
Founder/David Sisk Fitness
What I Learned Losing a Million Dollars

What I Learned Losing a Million Dollars

There are lots of books on aspiring to something. Very little are from actual people who aspired, achieved, and lost it. With each and every successful move that he made, Jim Paul, who made it to Governor of the Chicago Mercantile Exchange, was convinced that he was special, different, and exempt from the rules. Once the markets turned against his trades, he lost it all — his fortune, job, and reputation. That’s what makes this book a critical part in understanding how letting arrogance and pride get to your head is the beginning of your unraveling. Learn from stories like this instead of by your own trial and error. Think about that next time you believe you have it all figured out. (Tim Ferriss recently produced the audiobook version of this, which I recommend.)
Ryan Holiday
Founder/Brass Check
Comic-Con and the Business of Pop Culture: What the World's Wildest Trade Show Can Tell Us About the Future of Entertainment

Comic-Con and the Business of Pop Culture: What the World’s Wildest Trade Show Can Tell Us About the Future of Entertainment

I’m currently reading Comic-Con and the Business of Pop Culture: What the World's Wildest Trade Show Can Tell Us About the Future of Entertainment by Robert Salkowitz. I want to learn more about how I can create a diehard fan base that loves and is passionate about our brands and will support us all the way. During our latest IT’S THE SHIP 2017 festival, we had 8 guests that got our IT’S THE SHIP tattoos on their bodies – this shows that this festival has and will continue to impact people’s lives. I want to try and implement similar things like this for all of our events.
Iqbal Ameer
Co-Founder/Livescape Group
The Blank Swan: The End of Probability

The Blank Swan: The End of Probability

I am relieved to finally find a book that deals with Black Swan Events in a new way. Ayache brings a reverse-probabilistic perspective: instead of considering that a price is the result of probabilistically derived expectation, he reverses the issues and investigates these artificial constructs as "probabilities" and "expectations" as secondary, derived, fictitious concepts that we bring about to explain prices, decisions, and other things.

This, of course, is just the beginning, so one has to be understanding about the speculative aspect of the effort --so view this as a gutsy look at the "end of probability" and how we will need to envision the world once we get rid of this artificial, antiquated tool. I am also glad to see that those of us trained in the trading of options can have views original enough to influence the philosophy of probability and the philosophical understanding of contingency.

Nassim Nicholas Taleb
Flaneur
The Intelligent Investor

The Intelligent Investor

To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. This book precisely and clearly prescribes the proper framework. You must provide the emotional discipline.
Warren Buffett
CEO/Berkshire Hathaway
From Third World to First: Singapore and the Asian Economic Boom

From Third World to First: Singapore and the Asian Economic Boom

It’s incredible how he almost single-handedly took a third world country and built it into a first-world country in one generation.
Will Shu
Founder/Deliveroo
Memos from the Chairman

Memos from the Chairman

"[The book is] a collection of memos to employees by the chairman of the now defunct investment bank Bear Stearns," Stone writes. "In his memos, Greenberg is constantly restating the bank's core values, especially modesty and frugality."
Jeff Bezos
CEO/Amazon
Liar's Poker

Liar’s Poker

Question: What books would you recommend to young people interested in your career path?

Answer:

  • Anything by Peter Senge.
  • The Hard Thing About Hard Things – Ben Horowitz
  • Once you are Lucky, Twice you are good – Sara Lacey
  • Revolutionary Wealth – Alvin Toffler
  • Black Swan – Taleb
  • Reset: My Fight for Inclusion and Lasting Change, by Ellen Pao.
  • Creative Class – Richard Florida
  • Creativity Inc. by Ed Catmull & Amy Wallace
  • Liar’s Poker by Michael Lewis
  • American Government 101: From the Continental Congress to the Iowa Caucus, Everything You Need to Know About US Politics – Kathleen Spears
  • The Tao of Pooh by Benjamin Hoff.
  • Anna Karenina by Leo Tolstoy.
  • Any book by Herman Hesse
  • The Art of War by Sun Tzu.
Audrey Russo
President & CEO/Pittsburgh Technology Council
The Essays of Warren Buffett: Lessons for Corporate America

The Essays of Warren Buffett: Lessons for Corporate America

If you want to get into stock trading or in case you want to become an investor, then I definitely would recommend to read the book I already mentioned and in addition: The Essays of Warren Buffett by Warren Buffett.
Michael Hebenstreit
Founder/MH Themes
Kochland: The Secret History of Koch Industries and Corporate Power in America

Kochland: The Secret History of Koch Industries and Corporate Power in America

With deep reporting and narrative flair, Leonard has rendered a revealing portrait of the Koch family as ruthless businessmen and savvy political operatives who quietly built an empire and defined the face of American capitalism and its hold on Washington over the last fifty years.
William Cohan
Author of House of Cards
Reminiscences of a Stock Operator

Reminiscences of a Stock Operator

In my opinion this book is one of the best investment books ever and I highly recommend it to everyone who is interested in stock and commodity trading. The book is a biography of Jesse Livermore who is such an interesting character and the book is full of insights and advice while you learn about the crazy life of Jesse Livermore.
Michael Hebenstreit
Founder/MH Themes
Boom Town: The Fantastical Saga of Oklahoma City, its Chaotic Founding... its Purloined Basketball Team, and the Dream of Becoming a World-class Metropolis

Boom Town: The Fantastical Saga of Oklahoma City, its Chaotic Founding… its Purloined Basketball Team, and the Dream of Becoming a World-class Metropolis

Sam Anderson is a visionary artist who sees what others can’t; he’s a master wordsmith who creates beauty and light from confusion and plunging darkness; he's our tour guide to a better tomorrow because he understands a complex and foundational history that is our launching pad to new and unexplored universes.

Bill Walton
Basketball Player/TV Sportscaster/Author
The Bartering Mindset: A Mostly Forgotten Framework for Mastering Your Next Negotiation

The Bartering Mindset: A Mostly Forgotten Framework for Mastering Your Next Negotiation

Brian Gunia is an expert on negotiating, and he does something unusual here: he offers insights about bargaining that are both novel and useful.
Adam Grant
Author

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