I was recently asked by a close friend if I could provide a list of my top 10 recommended books, regardless of subject matter. We were having dinner together and had not seen each other for about 3 months. A wonderful evening with a fellow IT project Delivery Manager with whom I worked for two years, and his partner, a graduate software programmer with a passionate interest in psychology, psychiatry and currently writing her first book. The list is below. I found it difficult to list just ten so there were 12, and then some that I did not think about so added at the bottom and my most recent acquistion.
On Babypips, we tend to concentrate on books about trading, but some of the books that seem to have little to do with trading have helped me enormously over the years to have a very organised and ordered approach to trading as I do with many other pursuits I find pleasurable in life.
What are your favourites, particularly outside the direct subject of Trading?
Top 12 books recommended reading
No particular order or genre
ID Title Author
1 The Detox Miracle Sourcebook Robert Morse M.D.
2 Flawless Consulting Peter Block
3 Trade Your Way to Financial Freedom Van K Tharp PhD
4 Wisdom of Crowds James Surowiecki
5 Trading in the Zone Mark Douglas
6 Guide to Investing in Gold and Silver Michael Maloney
7 The 4-Hour Work Week Timothy Ferriss
8 The Naked Trader Robbie Burns
9 How Your Mind Can Control Your Body David R Hamilton PhD
10 Super-Forecasting Philip Tetlock and Dan Gardener
11 The (Mis)Behaviour of Markets Benoit Mandlebrot
12 Lifespan David A Sinclair PhD
It goes without saying there are a few more that I have never fully read, but intend to over the next 5 years. they would be Torah, Bible, Quran, Adam Smithâs The Wealth of Nations, and my most recent acquisition Principles by Ray Dalio.
This one for sure. Along with his wonderful youtube series about the hidden secrets of money. Anyone who wants to understand market manipulation with some stunning graphics needs to watch the entire series. I was already aware of what Mike talks so passionately about but I have never seen the subject matter presented in such a down to earth way as he manages to do.
Your list is fascinating and reflects a rich tapestry of interests! Iâm intrigued by your choices, particularly âThe 4-Hour Work Weekâ and âThe Naked Trader.â They offer unique perspectives on productivity and financial management that can be applied to various aspects of life.
Your list is fascinating and reflects a rich tapestry of interests! Iâm intrigued by your choices, particularly âThe 4-Hour Work Weekâ and âThe Naked Trader.â They offer unique perspectives on productivity and financial management that can be applied to various aspects of life.
Hi Dylinens,
As an example of diversifying your interests and receiving benefit from where you least expect it, I decided to take a short Udemy course titled "ChatGPT and AI Prompt Engineering for Entrepreneurs. I have in mind to take a maximum of four courses. I am 65% through this one. What prompted me to take this course of action was my recent and increasingly frequent use of Microsoft Copilot which is in my systray at the foot of the Windows 11 screen. (Copilot in Windows - preview).
Had I not participated in Babypips forum, and reminded myself that I had read The Naked Trader, but at the time had no intention of trading stocks, I now find myself in a position where I am contemplating trading stocks for the first time since 2010, and investing in stocks (investing is just a long term trade) for the first time since 1979! Had it not been for posting this list of books, I would not have thought through this potential addition to my trading âhobbyâ of stock trading.
I had some unstructured activity with ChatGPT last year, just out of curiosity, subscribed and then unsubscribed from the paid service, because I thought I had no need for the paid service. It was my search for another trading plan (not Forex) to add to my longer term investments that caused me to do a formal course on the use of ChatGPT because I have a few âunfinished businessâ projects that have stalled because of lack of attention to formal timeline and activity planning. I now have a clear plan for my ongoing WellBeing plan (diet, exercise, spirituality), and look forward to putting a small amount of capital into another trading plan.