Slav & Max's Bookshelf

Trading in the Zone

Mark Douglas

The classic on thinking in probabilities, accepting risk, and why discipline matters more than finding the "perfect" setup.

Slav: "This is the helmet I actually needed."

The Disciplined Trader

Mark Douglas

Douglas's earlier book on the mental habits that make traders repeat the same mistakes, and how to change them.

The Psychology of Money

Morgan Housel

Short, readable stories about how people really behave with money: patience, greed, luck and risk.

The Intelligent Investor

Benjamin Graham

The foundation of value investing and the "margin of safety." Warren Buffett has called it the best book on investing he's read.

Max: "Read the commentary edition. It's long, but worth it."

The Little Book of Common Sense Investing

John C. Bogle

The founder of Vanguard explains index funds and why fees quietly eat returns.

A Random Walk Down Wall Street

Burton G. Malkiel

A clear tour of markets, bubbles and strategies, and an honest look at how hard it is to beat the market.

Technical Analysis of the Financial Markets

John J. Murphy

A complete reference on charts, trends, indicators and patterns. Use it like a textbook.

How to Day Trade for a Living

Andrew Aziz

A beginner-friendly introduction to day trading tools, setups and risk. Mentioned in Episode 5.

Slav: "Read it before you open six charts."

Street Smarts

Linda Bradford Raschke & Laurence A. Connors

Short-term and swing trading strategies from a trader featured in Episode 5. Better for intermediate traders.

Market Wizards

Jack D. Schwager

Interviews with top traders. Their methods differ completely; their focus on risk control doesn't.

Reminiscences of a Stock Operator

Edwin Lefèvre

A century-old story based on trader Jesse Livermore. The lessons about greed and hope still apply.