Are old trading books still relevant?

I see this question asked a lot - what books can I read to add to my learning from the School of Pips.

There’s a similar list that seems to come up a lot, but I checked these books out. They’re all old!

Does that make a difference? Have the markets changed since then, so I should look for new books? Any recommendations?

Depends on the book and it’s content really. There are books on strategies, analysis, psychology and trader profiles could still be relevant today as they were then.

There are quite a few threads in the forum you can search and find. Like:

You could also list particular books you think are outdated, to see if other forum users, have alternatives.

1 Like

The New Market Wizards comes up a lot. Trading in the Zone. The Disciplined Trader

1 Like

If old books are still in publication, it’s because they have worthwhile content that is still relevant today.

The Richest Man in Babylon is a 1926 book by George S. Clason that dispenses financial advice through a collection of parables set 4,000 years ago in ancient Babylon. The book remains in print almost a century after the parables were originally published, and is regarded as a classic of personal financial advice.

I learnt the financial application needed on how to become rich - which seems strange, but I never thought of it that way.


Of course, the old books are still relevant. That’s why you see them in recommendations today as well. The market might have changed to an extent but the way you make use of the market fluctuations (volatility) to make profits is still the same. The price action strategy that we use today is the same that was used several years ago.

I read that book about 25 years ago. Love some of the parables.
A man’s wealth is not in the coins he carries in his purse; it is the income he buildeth, the golden stream that continually floweth into his purse and keepeth it always bulging.