Which books should I read? Seeking guidance from seasoned traders.

To become a successful trader, it’s crucial to build a strong foundation of knowledge through a mix of technical and mental skills. Here is a curated list of books that experienced traders often recommend:
“A Beginner’s Guide to the Stock Market” by Matthew Kratter: Perfect for beginners, this book offers clear insights into the stock market, covering basic concepts, strategies, and common pitfalls.
“The Intelligent Investor” by Benjamin Graham: A classic in the investing world, this book teaches the principles of value investing and fundamental analysis. It’s an essential read for understanding long-term strategies and risk management.
“Technical Analysis of the Financial Markets” by John J. Murphy: This is the definitive guide to understanding technical analysis, covering various charting techniques, and patterns indispensable for traders focusing on price movement and trends.
“Trading for a Living” by Dr. Alexander Elder: Elder’s book provides a comprehensive overview of trading tactics with a strong emphasis on psychological factors and discipline, crucial for maintaining trading success.
“Market Wizards” by Jack D. Schwager: This series offers insights from Interviews with some of the most successful traders, exposing you to diverse trading styles and strategies. It’s invaluable for understanding how different traders approach the market.
“Reminiscences of a Stock Operator” by Edwin Lefèvre: Although written in 1923, this book remains relevant and offers timeless wisdom about the psychological challenges of trading through the fictionalized biography of Jesse Livermore, a legendary trader.
“Mindset: The New Psychology of Success” by Carol S. Dweck: While not specifically about trading, this book explores the power of mindset in achieving success, which can directly impact how traders approach the emotional and psychological aspects of trading.

Each of these books offers unique insights and lessons that can help you refine your trading skills, understand market dynamics, and develop the right mindset to navigate the challenges of trading. Combining these resources with practical experience and consistent practice is key to becoming a proficient trader.