Stock Market Books

Learning the basics of the stock market is essential to earn money in the stock market. And for learning stock trading one of the most important resources are stock market books.

To begin trading, without proper preparation or basic understanding of how the market functions, is a misguided and non-serious approach to investment.

There’s no dearth of resources including books that cover the basics of the stock market but it’s important to spot or make a list of those books that are easy to read and easy to understand even for those who are very new to the stock market investment.

This article will provide you with a list of the best books with a brief about the topics covered in these books and an introduction of their eminent authors as well.

Best Stock On Stock Market Books By Indian Authors

Sharemarket books can be classified based on the specific domains they cover.

While some books give a general overview of the complete stock market trading, other books are dedicated to only very specific topics for example Intraday trading, technical analysis or technical indicators.

This extensive list of stock market learning books can be broadly classified into the following branches:

• Technical Analysis of Stocks Books
• Best Book For Intraday Trading
• Futures and Options book
• Books On IPO
• Stock Market Books For Beginners

Many stock market guides or books that address the above-mentioned domains also have authors who are of Indian origin.

Let’s go through this list as we classify it domain-wise.

Technical Analysis of Stocks Books

Technical analysis of the stock market is central to the decision-making process, especially when dealing with high volatility. Technical analysis involves analyzing statistical data and trends of the market so as to not miss any trading opportunity.

Some major texts that will help an investor in Technical analysis have been enlisted below.

Getting Started in Technical Analysis

Technical Analysis helps a simple investor surpass the crowd and turn into a giant of the stock market world. It is a mix of art and science useful in interpreting market behaviour and analyzing trading possibilities.

The author Jack Schwager has articulated the contents of the book in such a way that even novice investors and traders who wish to learn will be able to understand quite easily.

All the basics of Technical analysis and indicators like trends, ranges, charts, entry-exit, and pyramiding approaches have been covered in this book. Through sufficient examples, the author has explained how to utilize technical indicators and excel in trading.

Further, Jack Schwager has offered some crucial trading rules and market observations based upon many years of trading experience. Apart from the indicators, this book also covers in detail the close-only, point-and-figure, candlestick analysis as well.

Inside, chapters address advanced topics such as pattern recognition, trading approach and philosophy, market choosing, risk control strategizing, and a planned trading routine. All in all, Getting Started in Technical Analysis is an essential book in this field of study.

Fundamental Analysis for Investors

Before diving straight into the tedious and complex technical indicators and advanced analysis, it is important to understand the utility of fundamental analysis. Needless to say, fundamental analysis is at the core of investment decision-making.

This book by an Indian author empowers its readers with a toolkit to evaluate any company or stock based on market performance, sales, earnings, products, management, etc.

The author has provided a framework of fundamental analysis for investors that is strengthened by using both qualitative as well as quantitative approaches to stock market research.

The best thing about this book is that it doesn’t go into any unnecessary explanation that has nothing to do with profit-making. The author understands that an investor’s time is invaluable hence every chapter has been designed to make the reading experience first-rate.

Raghu Palat’s Fundamental Analysis for Investors simply explains all the important analytical tools that will show a reader how to make adequate judgments about a company’s stocks, how to understand and pick out useful pointers from a company’s annual reports, and what substantial information can be grabbed from innumerable figures and complex graphs.

How to Make Money Trading with Candlestick Charts

One of the topmost recommended resources for beginners in stock market trading, this book begins with the basics of red/green candle and candlestick readings to understand the market behaviour and future predictions.

This easy-to-understand and devoid of complicated jargon book has been written by an Indian-origin author named Balkrishna M Sadekar. The contents of this book are such well planned that those looking for some specific information will easily spot them and gain a serious in-depth understanding in plain English.

Studying these books helps a beginner start stock market investment and evolve into an advanced player in no time.

Detailed explanations of various complex chart patterns are supported with simple native Indian examples and hence this makes the book quite unique as there aren’t many books available that cover candlestick indicators with an Indian market approach or outlook.

Surprisingly, studying and practical application of the valuable information provided in this book does not demand investors to be well-versed in economics or commerce. So if you too wish to switch from a field that has no connection to stock investments, well then you must give this book a good read.

Best Book For Intraday Trading

One of the most exciting things about stock market trading is Intraday Trading. It’s important to get a brief understanding of how day trading works and how the rules of Intraday Trading are different from long-term investment.

Since time is a big factor in Intraday Trading, hence to avoid getting baffled at the last moment and missing opportunities, it would be better to study these books.

A Beginner’s Guide To Day Trading Online

Very rarely do we have a specialist book on stock market Day trading authored by a female market veteran. Toni Turner’s guide for Intraday trading takes into account the digital boom and preference of new-age investors with online trading.

Although the book is directed towards readers who are in a beginner’s phase, that doesn’t mean that experienced investors who wish to brush up on their basics of day trading won’t find this book helpful.

The author is herself an expert teacher of the stock market and very skillfully she has inculcated all the fundamentals of how to make money in intraday trading. Toni Turner has deliberately kept the language light-hearted and still very engaging and educational, all at the same time.

The author has utilized her experience for the formation of essential strategies for Intraday trading. Investors who find Intraday trading too risky should read this book as it guarantees success with stability for any intraday trader regardless of their past experiences.

How to Make Money In Intraday Trading

Ashwani Gujral, a prominent stock market analyst, and trainer has come up with a trademark and resourceful book about Intraday Trading. This book has a skill-based approach and clearly explains the methods and strategies to make good money in Intraday Trading.

The author has utilized his insights into the Indian as well as global market and articulated the information in such a way that a fine pathway gets highlighted for the reader who is scared of investing as an Intraday trader.

The strategies provided in this book are tried and tested by the author himself and hence are implementable. In addition to strategies, this book also cuts through the insignificant clutter and equips the reader with temperament and attitude to make them ready for Intraday Trading.

The chapters also cover technical segments for analyzing such as moving averages, pivots, and exceptional candles. Advanced concepts of trade management, money management, and risk management have been decently engraved in the book’s overall structure.

The Truth About Day Trading Stocks

It’s no secret that Intraday Trading is a high-risk trading practice if not done carefully. To be an overconfident day trader can lead to immense loss and disastrous results.

This book tries to inform the reader on how to not be swayed with unrealistic expectations from Intraday trading and to always keep it real and achievable.

Josh DiPietro has focussed more on the lessons of self-discipline, consistency, and patience to minimize losses in Intraday Trading.

Mind you, this is not just another guide to instant success in Intraday Trading. Rather the author has kept the language and content very honest and critical.

Subsequently, stock market risk management and a brutal myth-busting of popular illusions surrounding day trading are efficiently covered.

Although the contents of the book are very serious, the overall tone is humorous and hence this resource is very much readable for a range of audiences worldwide.

In his unique style, the author has offered some practical, useful advice in a section called “Rules to Remember” which is very straightforward, simple to grasp, and beneficial for amateurs and professionals alike.

Futures and Options Book

Very few understand the profitability of the Derivatives market and even fewer can deal in the Futures and Options market successfully.

Here we have recommended two books that will help you understand the Derivatives market which indirectly will help you stand out. These books have been well researched and well-versed. Learn more about these titles and authors below.

Fundamentals of Futures and Options Market

The Futures and Options market has always confused as well as attracted traders and investors. Often investors who are interested in Futures and Options find themselves struggling with making necessary decisions in time.

Fundamentals of Futures and Options Market is a text that simplifies the Derivatives market so that even a layman can easily understand.

Significantly, this book has omitted calculus completely, so that those who find themselves struggling with advanced mathematics can comprehend the contents of this book without worry.

With a total of 25 chapters, this book does not skip even a minute topic related to the Futures and Options market.

The language is less sophisticated yet more insightful. The structure of the book is such that those who don’t wish to go into beginner-level knowledge can jump straight into more advanced concepts.

The author of the book, John Hull is a widely acclaimed instructor and educator in the field of stock market learning. He has ensured that a reader after finishing the text must not find Futures and Options trading ghastly anymore.

Derivatives The Wild Beast of Finance

First published in 1998, this book has been written by Alfred Steinherr who has served as General manager in European Investment Bank.

His expertise in the Derivates market can be traced from the fact that before the Asian crisis took place, he had already explained how non-effective risk management could lead to explosive market disasters.

The author in the latest editions has examined the role of Derivates in shaping the developing economies across the globe. This book is helpful for both seasoned investors as well as ardent students who wish to enter the Derivates market soon.

Instead of being ridiculously sensational, this book is fascinatingly informative and a must-read as recommended by experts all over the world.

Traders who often complain of not being able to get a grip on Derivates trading now will be able to resolve all these issues once they have carefully studied what the author has to offer in this resourceful text.

Books On IPO

Initial Public Offerings are rare opportunities and hence investors can’t afford to miss out on these. However the question of: is IPO safe or not, is even more crucial than just spotting an opportunity.

And for that one needs to go through the past data, annual reports, and several other company value-based indicators.

If IPOs are something that interests you, then you must read the two books mentioned below before the next IPO hits the market.

IPOs For Everyone: The 12 Secrets Of Investing In IPOs

All the myths and misinformation about IPOs has been busted by this masterpiece authored by the industry giants who earlier founded Renaissance Capital, one of the most successful investment banking company.

While so-called experts in this stock market industry have been discouraging IPOs as an investment option, this book is a befitting reply to them all. The authors have shown how the history of IPO investment has proved to be pettily encouraging.

This book shows that IPO investment is not just for the seasoned players of the stock market, but a great opportunity for regular, small-time investors as well.

Further, the contents deliver information that demonstrates how missing out on IPOs is a grave mistake. Steadily the book unfolds the twelve secrets of efficient IPO investment based on top-notch research and experiences.

After reading this book a reader will be able to pick and choose an IPO of great potential and stay clear of a lossmaking one.

High-Profit IPO Strategies: Finding Breakout IPOs for Investors and Traders

Is share market profitable? Can you earn profit by investing in the IPO? Well, this all comes with the right knowledge of IPOs and hence are reluctant, should read this book to gather a great deal of information that will help them deal with IPOs passionately.

All the facets of Initial Public Offerings are covered in this book with emphasis on how to pick a company, how much to buy and when to sell.

This book has some clear-cut insights that present you with sophisticated trading strategies, intricate analysis of past IPOs and their performance as well as the importance of financial reports analysis.

Few chapters have covered the various sectors and industries that have the potential of generating worthy IPOs and hence need to be constantly watched.

This book will be helpful to both a beginner as well as an advanced trader who is truly interested in IPO investment.

Stock Market Books For Beginners

The earlier you start your stock market journey the better you will get with time. And for that, you will need a guide. The following text is an example of one such guide that helps to smoothly launch a stock market career.

So to get a clear-cut answer on how to start stock market investment? ; it will be beneficial to judiciously study the following text.

The Modern Guide to Stock Market Investing for Teens

The stock market is not just for adults. Minors too can open a Demat account instantly and begin trading. Investing at an early age ensures financial freedom for teenagers.

And if done with conviction, stock market investment can prove to be a real rags-to-riches story for any minor. If a teenager invests today, chances are that they will reap the benefits that will exponentially rise over time.

This book isn’t just another free piece of advice by some strange middle-aged uncle. On the contrary, this book has been written by a teenage author and hence readers will find it age-appropriate and relatable to read and comprehend.

The book aims to cover everything a fellow teen needs to know to build a successful stock market career without any fear or apprehensions. In addition to this, the book also provides teenagers with an introduction to financial planning and personal budgeting.

This book has been written only after a comprehensive study of some of the greatest stock market achievers. Readers will find the contents of this book inspiring and helpful in kickstarting the stock market journey at such an age where most are clueless.

Also, the text effectively proves the point that age is not a criterion to enter and excel in stock market investing.

Conclusion

While there are various resources and mediums freely available to learn the basics of the stock market, this article has provided you with a reliable list of stock market books.

Most of these books are aimed at an audience or readers that have no precursor to the stock market world but are enthusiastic about beginning their stock market journey at once.

The authors of these books have brilliantly utilized their personal trading experience and hence provided with such content that is implementable in real-world trading scenarios.