Trader or Bookworm?

Traders and books tend to go together like peas in a pod! I’ve never met a suc­cess­ful trader that hasn’t read at least ‘some’ of the top trad­ing books.

Dili­gent study and back­ground read­ing is a very wise thing to do. When we read, we aren’t nec­es­sar­ily look­ing for new strate­gies or tech­niques, we’re just try­ing to increase our over­all ‘depth’ of trading/market knowl­edge. By doing this, we allow our­selves to become bet­ter, wiser, more intel­li­gent traders.

Some of these books are mod­ern clas­sics, and some go right back to the begin­ning of the pre­vi­ous cen­tury. Some whit­tle on about finan­cial astrol­ogy, oth­ers about mar­ket geom­e­try… some even talk about how the Bible affects the stock markets!

Regard­less of their con­tent though, each and every one of them help me to achieve my goal of becom­ing a more informed trader. Even though I don’t use finan­cial astrol­ogy or ‘bible inter­pre­ta­tion’ myself, by know­ing about it, I put myself in the advan­ta­geous posi­tion of being aware of what other traders might be doing.

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