WELCOME to Infolib’s resource library!

This educational resource, pertaining to trading and investing, is a continual work in progress and intended for users who are interested in self-educating themselves, there are no fees or classes. For those interested in learning more about the website’s tools, the wiki will be more insightful. As a disclaimer, nothing here is financial advice, and the examples provided are incidental.

The most important thing when beginning your investment journey is clearly deciding your objectives. Are you interested in growing capital throughout the years and saving for retirement? Or are you willing to take risks for rapid capital accumulation? Do you plan to use the market as a significant source of income or merely passive? Different strategies have their own pros and cons, but knowing what you intend to do will help focus your research, as a conservative investing strategy won’t need an education in 0DTE options or nerves of steel.

Here are some quick “investor profiles” that could help you identify which strategies appeal to you most.

Traditional Investing
Risk Profile: Low

This is the most passive of approaches, focusing on building your account with savings from a primary income and investing in things like established blue chip stocks, diversified ETFs, precious metals, bonds, dividends, and certificates of deposit. The goal here is to preserve what you’ve worked for and you can typically ignore your investment account for months if not years. You won’t make any tremendous gains quickly but, excepting a catastrophic market crash, you won’t incur any tremendous losses either. Slow and steady wins the race

Hybrid Investing
Risk Profile: Medium

There’s a lot of overlap between the above and below risk profiles, with the intention being to eke out more gains with a bit more effort and risk but still having an overall “safe” approach. You might start looking into options here, cash-secured puts, covered calls, long term equity anticipation securities (LEAPS), option spreads, cryptocurrencies, commodities, low leverage futures, and taking chances with riskier stocks. Balance between risk and safety is key here**.**

“Anything Goes” Investing
Risk Profile: High to Extreme

By far the most active approach to investing. Given the variety of different ways you can make or lose money in the market, the world is your oyster. You’ll probably learn about trading 0DTE and short-term options, meme coins, high leverage futures, CFDs (if you’re not American), pennystocks, and “meme” stocks. You can be as risky as you want with these instruments, but beware, this is not for the faint of heart. Losses can accumulate extremely quickly, sometimes even in seconds. If you aren’t comfortable with losing money, you should probably stay away from these. Every market interaction has a risk of loss, but it can’t be stressed enough how much it applies to these. The rewards can be great, but they are proportional to the losses you can incur.

These are not hard and fast profiles; you can pick whichever financial instruments appeal to you. Most financial advisors will warn you against a high-risk profile and they are statistically right about that. That said, you can choose to secure yourself with precious metals and bonds, employ options to hedge or speculate, and fiddle around with meme stocks. Beware of the risks associated with each and pick the approach that suits you best. At the end of the day, the only right choice is the one that ends up being profitable.

2. First Steps for Investing in the Stock Market

It is strongly encouraged that anyone serious about learning trading or investing, get a paper trading account. It’s important to learn, but without experiencing how the market works firsthand, it won’t amount to anything. Plenty of brokers offer them E*TRADE for example, but they all function the same.

Paper trading is psychologically much different than trading with your own money, but it’s a great place to learn the ropes.

Investopedia is great for those starting at ground zero, with a variety of different articles concerning different investment tools, personal finance, banks and general news. Most basic questions that you google will end with you here.
https://www.investopedia.com/

For those interested in taking free classes in these topics, Khan Academy has a decent selection of introductory and intermediate courses.
https://www.khanacademy.org/economics-finance-domain

For investors with low risk tolerance and a preference for compounding growth, this is a good site. There is also some good, common sense advice here, invest early, live frugally, and stay focused.
https://www.bogleheads.org/wiki/Getting_started

Yahoo is a really good site for quick searches on stocks, news, and they have basic tools as well.
https://finance.yahoo.com/

3. Useful Terms to Know

There are too many financial terms to cover adequately, but this list should suffice as a good entry point for the uninitiated. Use Google or the links provided above for the many that are missing here.

What is stock?
Your purchase of stock in a company represents your partial ownership of that company. This sometimes includes voting rights in company decisions, or perks like dividends.

What is a stock option?
Options give investors the right, but not the obligation, to buy or sell stock at a set price later. In simple terms, you can “bet” on the price of a stock going up or down over a precise period. Originally intended to allow investors to hedge their positions (recover losses in the event a stock went down), these have evolved in usage considerably since then. More information is available further down.

What is a stock ticker?
This is the 1-5 letter abbreviation of any stock. For example, AAPL is the ticker for Apple, whereas B is the ticker for Barrick Mining. As a subtopic some tickers have “.” in them like BRK.B (Berkshire Hathaway Inc Class B) or “-” like ACHR-WT which is the warrant stock for Archer Aviation. More on this later, but in most cases, these are not important to understand.

What is a bond?
These are fixed income investments, which guarantee you a certain percentage of money for loaning your money to a government (like US Government Bonds) or, less often, corporations. These are one of the safest forms of investment.

What are commodities?
These are physical goods such as precious metals, (Platinum, Gold, Silver) energy fuels, (Oil, Natural Gas, Coal, Uranium) base metals, (Iron Ore, Steel, Copper, Aluminum) and agricultural products (wheat, beef, orange juice). This is by no means an exhaustive list, and most investors typically deal in precious metals and energy fuels, as these are the most accessible and widely consumed.

What are dividends?
These are portions of a company’s revenue that are distributed to shareholders. Plenty of investment strategies exist around maximizing dividends, though companies that focus on these rarely grow much. The higher the dividend, the less the company reinvests itself.

What is diversification?
Probably the most basic stock market advises, which simply encourages not putting all of your eggs in one basket.

What is The Dow Jones, NASDAQ, and S&P 500?
The Dow Jones, NASDAQ, and S&P 500 are the three most widely followed U.S. stock market indexes, each tracking different segments of the market. They serve as benchmarks for investor sentiment and economic health, though they don’t always move in step with the broader economy.

At times, these indexes can be good indicators of real-world economic conditions. However, there are also periods when they become detached from the underlying economy.

When this happens, it usually reflects a disconnect between the performance of the stock market and the realities of the economic environment which often means the market is moving according to its cyclical, secular, or structural patterns rather than immediate economic fundamentals.

Cyclical patterns: short- to medium-term swings tied to business cycles (expansion, recession).
Secular patterns: long-term trends lasting decades, such as sustained bull or bear markets.
Structural patterns: shifts caused by fundamental changes in the economy, policy, or technology.

What is Market Capitalization (Market Cap)?
Simply put, this is the total value of a company’s shares that are currently held by investors. Lower market cap stocks simply mean there is much less money in it.This is the first place to look for company value. A company with a share price of $50 can have a lower market cap, and therefore be worth less, than a company with a share price of $20.

Market cap is calculated by multiplying the total shares a company has against the value of the shares. It gives a decent paper value of the company. That being said, shares are valued by how much people will pay for them. If everyone wants to sell their shares a $10 billion company will not give $10 billion back, and in the other direction, a $10 billion company won’t take $10 billion to double their market cap.

What is volume?
Volume indicates the amount of activity of traded shares during a specific period. Volume is a great indicator for gauging the popularity of stocks, as well as seeing where money is moving into or out of.

What is a bid/ask spread?
Essentially, this is the difference between the highest price that a buyer is willing to pay (bid) and the lowest price that a seller is willing to sell (ask) for a stock or option.

What are market and limit orders?
There are two basic ways people buy stocks.

Market order: This is the “buy it now” option. You’re saying, “I want it right away,” and the trade goes through instantly at whatever the best price your broker can get you is. Note, this is not always the price you see when you hit the buy button.
Limit order: This is the “wait for my price” option. You set the price you’re willing to pay, and the trade only happens if the stock drops to that level (someone is willing to sell you those shares at that value). Sometimes this saves you money or lets you buy into a dip, but other times the price never hits your target — so the order just sits there and nothing happens.

What is P/E ratios (price to earnings)?
This equation calculates the current share price of a stock divided by their earnings per share (EPS). In practice, this is used to compare how much a company is traded for on the stock market against how much money it brings in revenue. These days, it’s extremely common to see companies' stock prices trading many times more with their P/E ratio. This is to say that many companies are overvalued, but expectations of future profits keep stock prices at high P/E ratios.

It’s important to note that the P/E ratio isn’t a perfect measure. It doesn’t account for debt, cash flow, or differences between industries. A “normal” P/E ratio for a utility company might be 15, while a fast-growing tech company could reasonably trade at 30 or higher.

What are bulls and bears?
Bulls are investors who believe the market is headed upward, while bears expect it to decline. A bull market refers to a period of consistent growth, whereas a bear market describes a stretch of steady losses.

With the rise of high-frequency trading, much of the buying and selling of securities is now automated. Even when large selling algorithms trigger rapid declines or when a broad “sell-off” occurs, market participants typically describe the overall tone as bearish.

Stock Exchange vs. Stock Brokerage
A stock exchange is the entity responsible for hosting and selling stocks, such as the NYSE (New York Stock Exchange), where as a stock brokerage, such as TD Ameritrade, is the middleman that handles your account and investments in the stock market.

Trading vs. Investing & Trader vs. Investor
It’s easy to confuse these two, as everyone is technically trading stocks on the market, but the difference between these concepts is critical. An investor is someone who focuses on accumulating investments in a handful of different stocks, isn’t too concerned with timing when they get in, and doesn’t pay too much attention to the daily goings of the market. This is because they believe in the long-term performance of the stocks they buy and rely on time to do the rest.

Traders are focused on timing buy and sell opportunities, rarely staying in any investment longer than they feel is necessary. This is usually a more active approach, and while it can be more lucrative in the short term, only the best traders find success over longer periods of time.

You are rewarded for being correct and punished for being wrong much sooner than an investor is.

Neither of these are better nor worse than the other, they are simply different approaches to dealing with the market. There is also nothing stopping you from taking notes from both approaches!

4. Stock Brokerages

Now that you have a basic idea of how the stock market works, and you’re ready to start, picking a brokerage, registering, and depositing money is next. Most brokerages work very similarly. Do some research before choosing which brokerage matches your needs the best, as some have better derivative options and fee structures. while others do not. Whichever you choose, make sure they have good ratings and, ideally, paper trading.

For U.S. based individuals:

T. D. Ameritrade
E*Trade
Fidelity
Webull*
Charles Schwab
Robinhood**
J.P Morgan YouInvest

https://www.forbes.com/advisor/investing/best-online-brokers/

For International individuals:

Interactive Brokers
eToro
Trading212
MEXEM
Local Bank

https://www.stockbrokers.com/guides/best-brokers-australia
https://www.stockbrokers.com/guides/best-brokers-canadai
https://brokerchooser.com/best-brokers/best-stock-brokers-for-europeans

*Good choice for those interested in futures trading
**The only broker listed that we discourage is Robinhood. Despite their simple UI and low fees, the company has a history of doing scummy things, read into their role in the Gamestop fiasco a few years ago. They target low capital and new investors, and it’s well known they make money by selling your data to market makers, known as “payment for order flow”.

5. Where do I start?

Start with paper trading. This will let you dip your toes into the market without risking your own capital.

There is an overwhelming amount of choice in terms of what to invest in the stock market. The most common response is to invest in companies you like. But the truth is, the absolute best place for new investors to start is with broad market ETFs. Vanguard offers some great options for this, such as VOO, VTI, VYM, VUG, and, if you want exposure to bonds, BND. However knowing what your risk profile is will help you narrow things down. If you decide you like the idea of trading, then you’re probably more focused on looking for buy and sell opportunities than anything else.

Many people look to financial discussion forums for ideas of what to do with their money. Sometimes this works, sometimes this doesn’t. Doing your own research is essential and online forums are a great place to start. Remember though, once you put your own money into an investment, it is your responsibility. Getting angry with internet strangers for not making you rich won’t bring your money back.

6. Investing in Specific Markets

There is no shortage of markets to choose from, and each has their own quirks. The InfoLib team is working on making essential information accessible, but we can’t include everything. The best we can do is give you a place to start your research.

In general, familiarizing yourself with a company’s most recent earnings reports, SEC filings, press releases, and online sentiment is as good a place as any to start.

ETFs (Exchange Traded Funds)

ETFs are very flexible financial instruments that can hold a collection of different assets, such as stocks, bonds, commodities, or a mix of them, and are designed to track the performance of a specific theme. For example, an ETF might follow the S&P 500 (SPX/SPY), a technology or military sector index, or a basket of commodities.

One of the main advantages of ETFs is that they provide diversification by allowing you to access entire market sectors in one purchase. Instead of risking everything on one stock or buying dozens of individual stocks, you can purchase a single ETF to gain exposure to a broad market or specific sectors.

Examples: broad market ETFs include QQQ and SPY, specific sector ones include SMH, VDE. XLF

Commodities

Many commodities are easily accessible in the form of ETFs. For example, SLV tracks the price of silver, GLD tracks gold, allowing you to buy shares of the ETF and not having to deal with physically holding them. This applies to many other precious metals and energy stocks.

A full list of available commodity ETFs can be found here:

https://etfdb.com/etfs/asset-class/commodity/#etfs&sort_name=assets_under_management&sort_order=desc&page=1

ETFs suffice for general investors, but for those really interested in commodities, futures trading will scratch your itch better. The Chicago Mercantile Exchange is responsible for giving traders access to many other commodities, and not every brokerage has these available. The world of futures trading is in a league of its own, but those interested should conduct their own research to see if its a good match. Less common physical materials do not have their own ETFs, but can be found on the CME.

A couple videos on some of the largest traded commodities
https://pastebin.com/tduUv8Ny

Examples: GLD, SLV, BOIL

Mining

Another way to get exposure to certain physical commodities is through mining stocks. These are riskier than just investing in ETFs that follow the price of something like silver or gold. This is simply because miners can go bankrupt, regulatory or political changes can affect their development (especially in internationally based ones), mines dry up, and accidents can cause shutdowns. A well-positioned miner, however, almost always exceeds the performance of commodity pegged ETFs during booms, as a spike in income, thanks to the rising value of the material they are producing, leads to a huge following of investors.

Miners with a large market capitalization and established mines are the safest. The riskiest are explorers and those with mines actively in development (which can take years to begin operation), as these can go under with seemingly no warning. The risk with these is considerably greater, but so are the gains if they find success, doubly so if they are timed with a boom in price of the mineral they are planning to mine.

Probably the best sources of information for mining companies:
https://www.mining.com/
https://www.juniorminingnetwork.com/

General information on where to get started
https://www.fool.com/investing/2019/10/05/how-to-invest-in-mining-stocks.aspx

For those looking to really deep dive
https://pastebin.com/5uWth6eG

Examples: B, SBSW, PAAS

Energy/Oil

Oil and Energy runs the modern world, everyone knows this on some level. The price of energy often dictates the costs to consumers of almost everything, from farming, to manufacturing, to transportation, and so on. Generally speaking, cheap energy costs allow for cheaper costs in running business and in most cases, cheap energy costs often coincide with periods of good market performance, where as high energy costs have often coincided with poor market performance. With the advent of AI and data centers, the need for electricity has never been greater, so energy fuels like uranium have been preforming exceptionally well. Coal is still used in many power plants across the world. The most obvious here is oil, and its constituent byproducts. Since these are commodities, many of the above comments regarding mining and ETFs apply here as well, the only reason energy fuels are mentioned separately is due to their vital nature to the economy, and regular government policies in keeping these prices low or otherwise manageable. That said, these are consumed every day with ever growing great need, and only a finite amount of these fuels are easily accessible to us.

Biotech & Biopharm

Probably the riskiest market sector. Volatility can be extreme, though less so with established companies with a large inventory of drugs available on the market. Companies here are particularly exposed to fluctuations. Good or bad news, usually in the form of an approval or denial from the Federal Drug Administration, can send stock prices flying in either direction. Smaller biopharm companies, with fewer drugs in the pipeline, can collapse entirely due to a bad ruling as testing new drugs for public consumption is an extremely expensive process.

For those interested in learning more
https://pdufapulse.com/fda-catalyst-guide

It is not advised for fresh investors start here, as this is one of the most complicated markets out there. If you decide on it anyways, start with the bigger, more established companies.

Examples: BMY, PFE, NVO

InfoLib features the FDA calendar for drug announcements, which can be found on the Research Page, under Biotech Catalyst Dates. We hope to include more free sources of data for this sector in the future.

Military & Defense

There isn’t much to say about these stocks, they go up when there’s war, and typically mope around when there isn’t any. Fortunately for military stock investors, there’s been a lot of conflict in the past 20 years, so many of these have performed very well. Military stocks can be considered some of the safest out there, especially the big ones that are closely attached to the Military Industrial Complex in the USA. Many of the smaller ones live and die by government contracts, so those familiar with how that works can guess which ones will succeed.

Examples: NOC, LMT, RTXp

Technology

Tech stocks make up the majority of the market's combined market cap. Big names like Nvidia, Meta, Apple, Amazon, Google, they all would be considered tech stocks. Tech has the largest influence of any sector over the s&p 500, and when it moves the market usually moves with it (or against it depending on the market sector). The AI hype has been captured in tech, the dot com bubble was a result of tech, and the future of the market will continue to move with tech. Having a good understanding of niche sectors of the tech market can make you a lot of money, Nvidia for example is up 1300% in the last 5 years, meaning for every dollar you put in 5 years ago, you would have 14 dollars today.

Penny stocks

These are stocks that trade under $5 dollars a share and can be found in just about any market sector. Penny stocks are particularly susceptible to price volatility, since they have a low market cap, so it doesn’t take much money to move their prices, sometimes explosively.
There probably are good penny stocks out there, but you’d have to really look for them. In most cases though, you will find online communities looking to artificially pump the price of these stocks, usually alongside a short squeeze, and rapidly exit for quick profits. For those who stay too long after, losses are guaranteed.

r/pennystocks is the single largest community dedicated to these, discernment is advised, as penny stocks can rise and collapse in as little as two days, round trip.

Examples: BYND, AUR, GPUS (these can change quickly through risk of delisting or price change)

Meme stocks

Meme stocks shouldn’t be confused with cryptocurrency’s meme coins, but the one thing they share in common is that they are very popular online. There is some overlap between penny stocks and meme stocks, as the best penny stocks may become meme stocks (like GameStop) or penny stocks may simply become extremely popular online (like Beyond Meat), even if briefly, but the terms are not interchangeable.

Meme stocks have mixed reputations, as some are overvalued and many are supported by hype which means they can be volatile. This volatility makes them useful to traders.

Examples: NVDA, PLTR, TSLA, GME. Many of these companies have huge market caps and are very popular online. META (formerly Facebook) also has a huge market cap but has almost 0 online presence in these communities. “Boring” companies generally do not become meme stocks, even if they are more financially solid than their meme stock counterparts.

7. A Very Basic Introduction to Options

For those that want to dive straight into learning about options, view the Rookie’s Corner especially:
https://www.optionsplaybook.com/rookies-corner-corner

Practice options with a paper trader before using your own money!

Without getting into details that other websites have explained better, options are contracts that, in most cases, have purely speculative value. Especially given how many modern traders use them. This means that if you buy an option, and the resulting trade does not go your way, the contract will expire worthless.

You are liable to lose every dollar you put into an options contract!

An example:
Say you buy a call for SPY at a strike (this is the predetermined price of the contract that you can choose) of $650 which expires on 11/28. This means that you are betting for the price of the SPY to stay above $650, and ideally keep going above that, until 11/28.
The more SPY rises, the more the call will be worth when you decide to sell (which can be whenever).
Let’s say that a few days before the expiration date (11/28) SPY dips, and is now around $645, your contract will probably have lost at least half of its value. By the day of expiration (which occurs at market close), assuming the price remains under $650, your contract will have probably lost over 90-95% of its value, and as the day comes to an end it will inevitably be worth nothing.
Timing is another key feature, probably the most important. Say that two days before 11/28 with the SPY at $660, your contract will be worth way more than if you held until the last day and the price is down to $651. Options trade just like stocks do, with a bid/ask spread, and a constantly changing price.

This is a simplistic example and it's mostly to illustrate that options carry significant risk. They should not be undertaken until you have a very clear idea of how they work. It’s almost guaranteed that options will humble you if you choose not to heed this advice. Plenty of people write off options as gambling and in many cases they’re right, but learning how to use them appropriately is the key difference.

Comment on 0DTE Options

This entry is mostly to satisfy the curiosity of those who’ve heard this term before but can also serve as a quick lesson on the subject.

A 0 DTE is an options contract that expires on the same day that you bought it (short dated options, those that expire in less than three days from when you bought it, function similarly). For most stocks with options trading this would be on a Friday, but SPY and SPX have daily options expiration. Options purchased on the day of expiration are particularly volatile, mostly thanks to the function of how they are calculated. For a better understanding of the math behind this, refer to the options Greeks, specifically Gamma and Theta. Understanding Implied Volatility is also strongly encouraged. The resulting effect is that rapid price movements, especially towards market close, can cause huge price volatility. These can potentially see you netting 100s of percent gains or quickly getting wiped out -100%.

Quick article on Implied Volatility
https://www.investopedia.com/terms/i/iv.asp

This isn’t to say that there is never a time or place to use them, but they should generally be used with the most extreme caution, or at least be comfortable with losing all the money invested in your contract. It’s probably the closest thing to gambling on the stock market, and if you aren’t using them alongside some catalyst, you will probably end up wrecked. There isn’t much strategy here, though there are certainly people online claiming they have cracked the code, and are willing to share it, for a fee of course!

Here’s an anecdote; a few years ago, over a particularly volatile market week, I was able to turn $3,000 into $21,000 in maybe 3-4 separate 0DTE trades. On the last trade (which was initially very lucrative), the market shifted unexpectedly, and an hour later the contracts were worth only $1,000. Things can change very quickly.

8. Recommended Online Communities

Reddit is probably one of the most accessible communities for financial information, there’s a wide variety of communities catering to investors of individual stocks, degen traders, and everything else. Here are some of the most interesting ones.

Definitely the more financially conservative brothers of WSB
r/stocks, r/investing, r/boggleheads, r/valueinvesting

For those looking for slightly more risky communities
r/options, r/daytrading, r/swingtrading

WSB is known for some of the most degenerate trading activities. There is a daily thread for stock discussion on top of the general posts, which sometimes has interesting ideas.
r/wallstreetbets, r/wallstreetbetsnew, r/wallstreetbetsELITE, r/wallstreetsilver

For those willing to take on substantially more risk, these communities focus on this. (beware of pump and dumps!)
r/pennystocks, r/pennystock, r/shortsqueeze, r/squeezeplays, r/superstonks,

For those looking for communities centered around specific stocks, we’ve included some of the largest ones. There are many other smaller communities on Reddit, try looking up a stock ticker or company name to find them.
r/TSLA, r/NVDA_Stock, r/RKLB, r/ASTSpacemobile, r/PLTR

InfoLib collects the 8 most discussed stocks on r/wallstreetbets, r/pennystocks, and Reddit overall. You can find this tool under the research page.

Twitter/X

This is probably a better source of information for trading or investing, but it isn’t nearly as focused as Reddit communities are. Curating a list of profiles is the key to success, as there are plenty of good accounts focused on up-to-date data, with plenty of traders sharing ideas, hedge funds, and much more. Twitter/X is unique as well because sometimes market moving information gets posted here first. Even spats or comments between multi-trillion dollar companies and their CEOs have caused huge movements in stock price. There are people out there who think the market is completely rational…..

The InfoLib X account follows a few accounts, these can serve as a jumping off point.
https://x.com/Infolib_

Here are a few accounts worth mentioning:
https://x.com/NewsWire_US
https://x.com/eliant_capital
https://x.com/KobeissiLetter
https://x.com/HindenburgRes

9. Useful Weblinks

For those seeking dangerous plays, here’s a list of stocks at risk of getting suspended from trading.
https://www.nasdaq.com/market-activity/stocks/issuers-pending-suspension-delisting

Zenbot and Tradingview both have decent stock scanners for those searching for specific criteria,
https://zenscans.com/
https://www.tradingview.com/screener/

This site includes a list of planned split and reverse splits.
https://www.tradingcalendar.com/stock-split-calendar

List of the most expensive shorting fees
https://www.iborrowdesk.com/

Catalysts for stocks
https://catalystock.com/

Site designed for researching microcap stocks
https://www.microcapsearch.com/

Want to stream Bloomberg while trading?
https://www.livestreamy.net/bloomberg/

Want to see the entire world economy in one screen?
https://www.investing.com/indices/indices-futures

Are you interested in Gold or Silver?
https://silverseek.com/
https://www.gold.org/goldhub/data/gold-reserves-by-country

10. Recommended Books

All of these are related to finance, though it’s advised you to read a synopsis on each book to make sure it matches your expectations. You may or may not be able to find these books for free online...

InfoLib’s Recommendations

These are books read by and recommended by members of the Team

Traders, Guns, and Money: Knowns and Unknowns in the Dazzling World of Derivatives
by Satyajit Das

The book touches on some of the unsavory aspects of the realities of financial markets, subjects which are usually left quiet in mainstream financial media. It won’t cover much about trading, but you will have a better understanding of the market thanks to it.

Reminiscences of a Stock Operator
by Edwin Lefevre

Larry Livingston was one of the greatest traders of the 20th century, and although the book is dated in some respects, anyone aspiring to learn about one of the true stock market wizards should read this book.

Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School
by Andrew Hallam

This is an excellent book comparing ETFs, Mutual Funds, managing your own portfolio, the necessity of compound interest, and how to maximize it.

Other Books

Some other suggestions outside of the Amazon list that may be useful

The Bible of Options Strategies: The Definitive Guide for Practical Trading Strategies
by Guy Cohen

One Up On Wallstreet
by Peter Lynch

Beating the Street
by Peter Lynch

Amazon’s 10 Best Sellers in Trading:

How to Day Trade for a Living: A Beginner’s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology
by Andrew Aziz

Trading: Technical Analysis Masterclass: Master the financial markets
by Rolf Schlotmann and Moritz Czubatinski

Options Trading: How to Turn Every Friday into Payday Using Weekly Options! Generate Weekly Income in ALL Markets and Sleep Worry-Free!
by T. R. Lawrence

Best Loser Wins: Why Normal Thinking Never Wins the Trading Game
by Tom Hourgaard

The Candlestick Trading Bible: [3 in 1] The Ultimate Guide to Mastering Candlestick Techniques, Chart Analysis, and Trader Psychology for Market Success
by Delbert Conley

The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns
by John C. Bogle

Day Trading Chart Patterns : Price Action Patterns + Candlestick Patterns
by Deepak Subhash Mote

The Trader's Handbook: Winning habits and routines of successful traders
by Richard Moglen, Nick Schmidt, Ross Haber, and Ameet Rai

The Mental Game of Trading: A System for Solving Problems with Greed, Fear, Anger, Confidence, and Discipline
by Jared Tendler

Buffett’s 2-Step Stock Market Strategy: Know When to Buy A Stock, Become a Millionaire, Get The Highest Returns
by Daniel Jiwani

Amazon’s 10 Best Sellers in Investing:

The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness
by Morgan Housel

The Art of Spending Money: Simple Choices for a Richer Life
by Morgan Housel

The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life
by J. L. Collins

The Intelligent Investor: The Timeless Guide to Value Investing and Financial Wisdom for a Volatile Market
by Benjamin Graham and Jason Zweig

How to Make Money in Any Market
by James Cramer

The Total Money Makeover Updated and Expanded: A Proven Plan for Financial Peace
by Dave Ramsay

The Millionaire Next Door: The Surprising Secrets of America's Wealthy
by Thomas Stanley

Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude
by Mark Douglas

Principles: Life and Work
by Ray Dalio

How to Invest $50-$5,000: The Small Investor's Step-by-Step Plan for Low-Risk Investing in Today's Economy
by Nancy Dunnan

Starter Guide to Investing