6 Books To Buy The Trader In Your Life This Christmas Season

Christmas is just around the corner, but there are still a few days left for last-minute holiday shopping. Here’s a look at six books that make excellent gifts for the stock trader in your life.

1. “The Millionaire Next Door” by Dr. Thomas J. Stanley and Dr. William D. Danko

Making a lot of money in the market is one way to get rich, but this book describes lifestyle changes people can make to accumulate wealth over time. The authors spent 20 years interviewing millionaires and found a number of common behaviors among the group.

2. “Working With Emotional Intelligence” by Daniel Goleman

It takes much more than just a high IQ to be a successful stock trader. The ability to control emotions and recognize when others are failing to do so is a key part of out-performing the market over time.

3. “Market Wizards” by Jack Schwager

This book contains interviews with some of the world’s most successful traders. The book also covers insights into their trading strategies and advice the experts have for new traders.

4. “One Up On Wall Street” by Peter Lynch

This classic investing guide teaches traders how to identify long-term value in the market. According to Lynch, retail investors can use research and discipline to outperform even Wall Street professionals.

5. “Buffett: The Making of an American Capitalist” by Roger Lowenstein

If you want to get better at something, why not learn from the best in the world? This book tells the story of Warren Buffett’s journey to becoming the world’s richest investor.

6. “Irrational Exuberance” by Robert Shiller

This book is another Wall Street classic that describes the herd mentality that leads to market bubbles and crashes. Shiller is an expert in financial markets and even won the 2013 Nobel Prize in Economics.