Top Stock Trading Books | Abhishek Kar | Hindi - YouTube

In today's video we will know 10 books

which everyone should read before coming into stock market

if they are really serious about their stock market career.

So let's start todays video eating Misti-Doi

by the way do tell in comments in these books which we will discuss now

what do you think which book is most important

which each and every trader should read to be success in stock market

and our 10th book is very special

so make sure you stick around till the end

so the first book is

which every stock market trader/player should read is

that is "The reminiscences of the stock operator"

this book is of Jesse Livermore the legendry trader who at one time

$1.5 billion

earned through stock market this is based on him

here it will be easy for you to understand operator psychology plus

this will tell you about mass psychology and many things on behind the scenes

many of you will be thinking that this book is very old

so will its concept apply in todays time

let me tell you, yes they are very much valid and you should read it

with this let's move towards 2nd book

which everyone should read according to me and that is psychology based book

don't know how many times I already recommended this book in our channel

but because we are making a comprehensive list on 10 trading books

so I want to mention this book here too

and this books name is "Trading in the zone"

by Mark Douglas

hands down

Mark Douglas may not be the best trader in the world

but he was one of the best psychologist

and he was trading psychology expert

from this book of his, you can take the basis of FOMO,

the psychology of positioning cycle all this you can understand

let me tell you that

that Mark Douglas may not be the best trader in the world

but he trained world's best traders.

Next book many people may not have even read but

I want to recommend everyone that is

"How to day trade for living" by Andrew Aziz

this book is based on day trading

those who want to make day trading as full time profession

make sure you read this book carefully

because I am not telling you to rote the concepts given there like ABCD pattern,etc

but I will say you if you execute this things slowly

then your trading skills will definately increase

by the way if you want to have books on investing like trading in the same way

then write in comments "tu tu tu tu tu tara"

the more comments, the sooner these books will come

next lets move towards 4th

which is based on charts that is

"Encyclopedia of chart" which is written be Thomas Bulkowski

it is called Encyclopedia of chart patterns it's a lovely book

whoever are intrested technical analysis specifically charts or its

patterns based trades

he must read this book

this is not only helpful for short term traders

but also for swing trader & positional trader

infact those who do trading by doing a bit of fundamental,

techno-fundamentsl analysis this is good for them

in this book I personally like detailing, which can help

both the aspiring traders as well as hedge fund managers

next book that I will recommend to every stock market players

that is "Market wizards" by Jack D. Schwager

by the way we have already covered this book in our channel

I will give its link in description

if you all haven't checked it yet then do check it out now

I was lucky that in International Trader Summit 2019

where I was also a Invited speaker,

there Jack D. Schwager who is the writer of "Market wizard"

he himself was a speaker

after that there was a good interaction with a Australian trader

and there was a group discussion it was a lovely thing

this book Market Wizard can teach you

to believe in yourself with legendary examples than to earn money from trading

this book has literally covered legit traders interviews

it covers 1-2 Indians too in its next part which is new

it is a brilliant you will get to learn many things

hopefully

if I have the blessings of you, then I will also come there, anyways

they have some criteria as soon as I fufill it I will be there

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and with this let's move towards our next book

which every trader should read according to me

that is "Japanese candlestick" by Steve Nison

speciality of this book is

that price action traders will like it, also to indicator traders

as you know highest form in trading is candlestick

so here you can understand the sentiments behind the candlestick pattern

no doubt this book is written times ago but it will be very helpful to swing traders

according to them too many aspects are covered so make sure to give it a try

next book that everyone should read is "Trading for a living"

by Alexander Elder again this books theme is trading psychology

but the best thing in it is

crowd behaviour is taught nicely here

how is a cool, calm, connected trader

in that topic this book has discussed alot

this helps you

to understand the various pshycological aspect behind entry, exit, stop loss, etc

now here let me tell you one thing this would be a additional reading books

and that is because you will not become profitable after reading this book

new traders will like it but

my suggestion to established traders will be

you only read this book when you have spent 2-3 in market

little do you understand the market well then you

read this book while going to the next game

where you will get a bit brush up to your psychology if you are struggling

then you read this book

with this let's move on towards to our next book

which every trader should reads that is 'Technical analysis of financial markets"

which is written by John J. Murphy

I have told about this book in all my interviews this book is classic

classic for anyone who wants to understand technical analysis

from the root

maximum trainers who sells technical analysis course 50k-60k

they take content from there so make sure you go and read

your basics will be cleared

here you will not get very advanced knowledge of trading

but the core/absolute basics of technical analysis will be cleared

this book was written in 1997

but the concepts given in this book are as valid today as they were before

so make sure to read this book if your base of technical analysis is still not clear

let's move towards our next book that is "Disciplined trader" again a masterpiece

by Mark Douglas

who also wrote "Trading in the zone" its speciality is

the thoughts that come to your mind about trading

how to moniter them

how you can tackle fear

its in depth understanding, behavioural aspect is explained here

and this again another beautiful book that you should read

and finally we reached to our most important book

which you should read

which can give you a decent amount of knowledge of trading and that is

your trade book and order book

yes your own, neither of your neighbour nor of any twitter or youtubers.

that will tell you

that where you are now

where you are doing mistake

in which situation you are losing

which mistakes you are repeating

this all mixed with experience will help you

to become a good trader so make sure you check the last book for sure

its free of cost and every has it

so friends this were the 10 books that that I brought in your request

I already talked about top 10 trading books here

If you loved the work

and if you want me to bring top 10 books on investing in the same way

and of intraday and psychology books too specifically

then do write in comments and like this video as much as you can

with that we will understand that you need list of books or not

Till then keep learning, keep growing, keep investing and keep trading

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