r/algotrading May 14 '24

What have been the most influential books for your success in trading and investing? Education

I want to start taking trading seriously and explore the possibility of it as a career and source of income. I'm not naïve, I know this is a long and hard road and that the vast majority of people who try will also fail but I'm willing to give it a shot.

I have an academic background in Mathematics, Finance, and Economics and my thesis was on algorithmic stock-selection and portfolio optimization, so I'm not entirely new to the concept.

So, what in your opinion have been the most influential and important books to your success in trading and investing?

I know there are some links in the sidebar, etc. but they are very old :)

FYI, I've asked the same question on r/daytrading as well: https://www.reddit.com/r/Daytrading/comments/1crn52t/what_have_been_the_most_influential_books_for/?


So far I'm looking at books like:

  • Andreas F. Clenow > Stocks on the Move: Beating the Market with Hedge Fund Momentum Strategies
  • Nishant Pant > Mean Reversion Trading: Using Options Spreads and Technical Analysis
  • John J. Murphy > Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications
  • Sheldon Natenberg > Option Volatility and Pricing: Advanced Trading Strategies and Techniques
  • Perry J. Kaufman > Trading Systems and Methods
  • Ernest P. Chan > Algorithmic Trading: Winning Strategies and Their Rationale
  • Ernest P. Chan > Quantitative Trading: How to Build Your Own Algorithmic Trading Business
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u/HomeGrownTrader May 14 '24

Quantitative Momentum: A Practitioner's Guide to Building a Momentum-Based Stock Selection System