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u/Humble_Aardvark_2997 2 days ago

Book recommendation

Recommend a good book for newbies.
19 comments held Reddit says 0 on reddit ↗
  1. u/Murky_Mycologist_861 2 2 days ago
    Probably 'Trading in the Zone' is where most people start, it's more about the mindset than the mechanics which a lot of new folks skip and then blow up their account. For actual mechanics you can't go wrong with anything by Euan Sinclair, his writing is dense but it forces you to actually understand what's under the hood. I'd also tell you to stay away from anything promising quick money in the title. If you want to learn how to lose small and often while learning, paper trade alongside whatever you read so the concepts actually stick
  2. u/Humble_Aardvark_2997 OP 1 2 days ago
    I made quick(ish) money in little time (in terms of %age gains) but blew half of it as quickly. That emotional rollercoaster is a b\*\*\*.
  3. u/IcyPalpitation2 4 2 days ago
    Hull, Natenberg. If you have time maybe Yeon.
  4. u/iron_condor34 1 2 days ago
    Laws of trading by Agustin LeBron, Options, futures and other derivatives by John Hull, Euan Sinclairs books(all of them), Same with Hari Krishnan(both books) Trading Volatility by Colin Bennett(free)
  5. u/sellputsthencalls 3 2 days ago
    https://app.thebookpatch.com/BookStoreRes… Selling Options…Simply Called and Simply Put,” by David Skonieczki (me). I began a 30 yr investment/stock broker (Series 7) career in 1987, retiring from Fidelity. It wasn’t until 1995 that I had a decent grasp of options. I thought the options literature was not very user friendly so I aimed to write a user friendly primer. It reads like I write on this forum.
  6. u/MidwayTrades 2 2 days ago
    Options Playbook by Brian Overby. You can buy a physical copy or he made it all available online for free so you can check it out first if you nothing else.
  7. u/Humble_Aardvark_2997 OP 1 2 days ago
    Thank you.
  8. u/MidwayTrades 2 2 days ago
    if you’re really new the first book I ever read was Understanding Options by Michael Sincere. A good fundamentals read.
  9. u/akm76 3 2 days ago
    You'll have to read them all, I'm afraid. Although Hull is dull, Natenberg lack structure, Wilmott too mathy, Taleb - obnoxious... and the list goes on and on. Each one has some nuggets, but the amount of ore you have to dig through, omg. Unless you enjoy reading contract definitions, exercise rights and greeks over and over, you might as well train for a FINRA exam, or study from CFA manual. At least the stuff is condensed there. Will it help you trade or learn how to search for strategies? Not really. You'll be no better at it than before, but at least you'll be well read and find "We're in the money" song in recent South Park funny on a whole new level.
  10. u/Big_Buy_6105 1 2 days ago
    What's Wilmott like?
  11. u/akm76 1 1 day ago
    Technical. Kinda a bridge between trading and quant option pricing. Not quite "brownian motion and stochastic calculus" tome, but going from Natenberg in that pure quant direction. Def. borrow before buying.
  12. u/Got_Engineers 2 1 day ago
    Trading options at expiration
  13. u/JunkBondJunkie 2 1 day ago
    Actuary exam book fm if you really want to learn.
  14. u/PapaCharlie9 2 1 day ago
    There is a link to book recommendations in the side bar: https://www.reddit.com/r/options/wiki/faq…
  15. u/Humble_Aardvark_2997 OP 1 1 day ago
    Thanks
  16. u/Dashing777 1 1 day ago
    maybe a poetry dawn and dust by Nauman Mohiuddin. It's on Amazon.
  17. u/Humble_Aardvark_2997 OP 1 1 day ago
    :D
  18. u/Due-Lingonberry-4631 1 1 day ago
    Anything from Adam Grimes is good 
  19. u/Humble_Aardvark_2997 OP 1 1 day ago
    Thank you.