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My 20 Best Trading Books & Stock Market Books Of All Time

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Written by Timothy Sykes
Updated 8/17/2010 2 min read

The ability for Investimonials members to create their own lists is coming soon, but for now, check out all my various Investimonials Lists ranging from best stock brokers, to my favorite investing books/movies etc.

Here’s my latest list, I even made a video a few months back when I was having a bad hair day and now all these stock market books are ranked nicely by 4,000+ members!

(in no specific order, just read em all you lazy degenerate gamblers!)

1. Read this oldie already, it’s required

2. Very complete trading rules

3. Know thyselves fair traders, know thyselvessss

4. Definitive for learning technical analysis

5. Confessionals are usually pretttty useful

6. Pre-clowning

7. and 8. Two specific books on shorting HERE and HERE

9. Solid trader autobiography

10. Learn stock market history

11. 101 lessons for wannabe traders

12. This strategy has created many billionaires

13. Chart Your Way To Profits

14. Classic for value investing

15. My all-time favorite trading book

16. Hedge funds, trading, sex, Japan

17. Honesty above all else

18. Basic but required reading for all smallcap traders and investors

19. Interviews With Top Traders

20. Make millions, get that money

supernova placement

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Comments (9)
Juston ThomasJan. 29, 2023 at 2:26 pm

Thanks Timothy Sykes for allowing me to become wealthy I will take advantage of this opportunity ,,…

Henry MurrayOct. 03, 2021 at 10:27 pm

Knowledge supports growth & development.

TheHaitianTraderDec. 25, 2014 at 3:51 am

Good List.

MikaApr. 22, 2012 at 7:14 am

“The small stock
trader” by Mika is a small unique book that covers almost all the major
stock market topics such as the traits of a successful
small stock trader, how to choose a few simple focus stocks, market sentiment
and industry, fundamental analysis, technical analysis, short selling, your
edge and competition, catalysts that move the stock prices, stock trading plan,
discipline, risk management and 
psychology. It is a simple book of about 100 small-sized pages (more
like a collection of tips, perhaps 4-5 hours read), but it will answer many of
your questions, so, it is a great book to start (no need to mention that about
90% of your lessons you are going to learn from your own experience/mistakes).
It is also a fun-to-read book, as it is accompanied by a few jokes and observations
from poker, intelligence world, relationships, happiness, Zen, and psychology.

John WayneJul. 13, 2015 at 12:21 am

I just noticed the poster name is the same as the authors name for the book you mentioned. 🙂 I was looking at the book on Amazon and it has a little Grey Alien on the cover. Well if any book has a Grey Alien on it then it’s the book for me! 🙂 lol

#1CramerhaterDec. 19, 2010 at 11:36 pm

yes cramer you are a clown and damn i got a lot of reading to do

GuestSep. 02, 2010 at 6:58 pm

“One good Trade” by Mike Bellafiore

LeonAug. 25, 2010 at 11:11 pm

“read em all you lazy degenerate gamblers” That’s hilarious =D

PennyStocksPAYDAug. 18, 2010 at 2:33 am

Good Job Tim . Always a pleasure reviewing your stuff.

Author card Timothy Sykes picture

Timothy Sykes

Tim Sykes is a penny stock trader and teacher who became a self-made millionaire by the age of 22 by trading $12,415 of bar mitzvah money. After becoming disenchanted with the hedge fund world, he established the Tim Sykes Trading Challenge to teach aspiring traders how to follow his trading strategies. He’s been featured in a variety of media outlets including CNN, Larry King, Steve Harvey, Forbes, Men’s Journal, and more. He’s also an active philanthropist and environmental activist, a co-founder of Karmagawa, and has donated millions of dollars to charity. Read More

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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (205) 851-0506 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”