Essential Books on Trading History for Intermediate Traders

Introduction

Once you have a basic understanding of trading, it’s time to explore books that go deeper into market crashes, economic cycles, and the strategies used by legendary traders.

1. Market Wizards – Jack D. Schwager

📖 Why Read It?
This classic book features interviews with top traders, providing insights into their mindset and strategies. It’s essential reading for anyone serious about improving their trading skills.

2. The Alchemy of Finance – George Soros

📖 Why Read It?
Soros explains his famous "Reflexivity Theory" and how it affects markets. This book is a must-read for traders looking to understand how perception and reality shape financial markets.

3. Flash Boys – Michael Lewis

📖 Why Read It?
This book reveals the world of high-frequency trading and how it has changed stock markets. It’s an eye-opening read for traders interested in the modern evolution of market structure.

4. Devil Take the Hindmost – Edward Chancellor

📖 Why Read It?
Chancellor explores speculative manias throughout history, from the Dutch Tulip Bubble to modern financial crises. This book helps traders recognize market bubbles before they burst.

5. The Big Short – Michael Lewis

📖 Why Read It?
This book details the 2008 financial crisis and the traders who saw it coming. It’s an excellent case study in risk management and market inefficiencies.

Conclusion

Intermediate traders will gain a deeper understanding of financial markets and trading psychology from these books. They cover everything from market crashes to strategies used by top investors.

📌 Keywords/Tags: Intermediate Trading Books, Market Crashes, Financial Crises, Trading Strategies