The author has described everything about intraday trading right from scratch in a blunt and humorous style. “The Millionaire Next Door” by Thomas J. Stanley and William D. Danko is a unique book on investing that focuses on the habits and traits of wealthy individuals. The book highlights the importance of living below your means and investing in low-cost index funds. It also gives practical advice on how to build wealth and achieve financial independence. The lesson emphasizes how value investing is the greatest approach to make the most of one’s assets.
One Up On Wall Street by Peter Lynch
However, the knowledge gained from completing the book will be worth it. With the author’s own expertise and experience, this book is a must-read for anyone who is looking to make profits with trading. It is also recommended that you read some trading psychology books to ensure that you become a successful trader.
Sunil Gurjar who founded Chartmojo has covered topics like how to trade in securities, entry, and exit using price action. This book will teach you how to find fundamentally solid businesses, when to buy and sell stocks, and, most importantly, how to minimize or avoid loss in the Stock Market. There are hundreds of books on the market that cover “How to make money with stocks?” Still, 90% of small investors lose money in the Stock Market. It makes investing in stocks easier, and it provides important viewpoints for a non-professional investor about to enter the market. A book must have a good reputation and should have been recommended by several sources.
- This book may help both professional and amateur investors by providing expert advice and detailed explanations.
- This investing in stock market book argues that the market is efficient, reflecting all available information and is impossible to beat consistently.
- There are only a few books on candlestick charting this being one of the rare that is based on the Indian Stock Market.
- Guide to Indian Stock Market by Jitendra Gala is a guiding light for beginners.
Diversify your portfolio
Finally, stay disciplined and do the necessary when it ought to be done whether you like it or not. The author regrets that he lost billions by not investing in Berkshire Hathaway at the right time. Invest heavily when the stock is available at cheap valuations to make money from the stock market. You should sell the stock when it has fulfilled your purpose or having deteriorating numbers. Earning Yield can be defined as how much money you can make per year for each rupee you invest in equity shares. By analyzing the earnings yield, you will evaluate if the returns are up to the mark in comparison to the risk.
Best Stock Market Books for Beginner & Advanced Investors in India August, 2024
This is one of the best stock market books in which you know the basic tricks and strategies involved in intraday trading, but how can we practically apply them while trading? Mind markets and money talk about practical methods that will pave your path to achieving your desired goals. This book is a collection of letters and essays that Warren Buffett wrote over the years. The book covers several topics, including his views on investing, corporate governance, and the importance of ethical behavior in business.
- Fisher’s investment philosophy focuses on identifying companies with strong growth potential and investing in them long-term.
- By using examples and real-life incidents this book has explained a lot.
- This classic is an interview-style text that offers a peek into the minds of the top investors.
- It’s not just what you know that matters when it comes to learning timeless lessons about money, greed, and happiness with money.
I won’t go into too much detail as to spoil the fun reading this book. This amazing book finds forth rank in my list of the 10 must read books for stock market investors. It explains the fundamentals of picking your stock in a very simple language and hence listed in my 10 must read books for the stock market investors. Everyone asks to understand the share market before planning an investment.
I will highly recommend you to read this evergreen classic book on the stock market. It also develops confidence in the investors by familiarizing them with the dos and don’ts of the Indian stock market. It goes on to talk about the basics of fundamental and technical analysis which are the two most important concepts in the stock market. He not only talks about how beginners can enter the stock market but also writes about strategies and techniques for seasoned investors. The author majorly focuses on investing and reaping benefits from long-term investments. He lays the emphasis on investors’ psychology and how it can help other stock market enthusiasts.
How to Make Money stands out with its intuitive and jargon-light coverage of breakout methodologies tailored for opportunistic beginner traders. We appreciate the author’s candid emphasis on mastering one’s own psychology over indicators. By focusing on price action and volatility analysis for setting up reliable breakout trades, novice investors can best book for stock market beginners in india reliably grow profits while containing downside risk.
Are you confused about how to prepare a stock portfolio to achieve financial freedom? You should look for arbitrage opportunities with sustainable competitive moat since this will enable you to earn an astounding return on capital at minimal risk. Start investing in such businesses with a sustainable competitive advantage i.e. durable moats. These businesses are able to deliver better returns over the long term.
You can also improve your chances of making a profit with the knowledge that you have gained. It’s no wonder that people don’t invest in the stock market, and opt for safer investments like gold or real estate. If you are planning to get into the stock market, there are a few books that you should read.
The Warren Buffet Way by Robert G. Hagstrom
I wholeheartedly recommend this book to anyone who is interested in trading. It is one of the classic investment books that everyone should read at least once in their lifetime, if not more. There are so many books out there that promise to make you rich, but often turn out to be scams. Moreover, Hagstrom has diligently covered the nooks and crannies of Warren, which he followed while investing. This beginner book consists of unrivaled stories of Buffet, which will inspire you to take seamless investment decisions on the victorious grounds.
Peter’s 25 Golden Rules of Investment
In this audiobook, know the techniques used by hedge fund managers for managing and investing money in the share market. You can hear the true stories of some of the top fund managers around the world and can learn investment strategies from their experience. A slew of stock market books is available to gain superior knowledge about Indian equity investing and the stock market for beginners. So, this beginner book will satisfy the needs of those who want to make a prudent investment.