2026-01-19 13:00:46

I want to ask everyone a tough question—how much of the trading books you've read are truly valuable?

Honestly, the market is flooded with a bunch of "fake goods." In domestic trading books, the proportion of truly worth reading is ridiculously low. Many authors have actually failed in real trading and then turned to writing books to monetize, which is quite a surreal logic. If you really read these kinds of books, you might even be misled and take a longer detour.

Today, I want to dig into those books that can genuinely help you improve your trading mindset. I hope this can help everyone avoid some pitfalls.

The first recommendations are "The Black Swan" and "A Random Walk Down Wall Street." Why? Because these two books address the fundamental issues—the uncertainty in markets and probabilistic thinking—which are the basic logical foundations of trading. Many people lose money mainly because they haven't understood these two points.

"The Black Swan" teaches you to recognize rare but impactful events, while "A Random Walk Down Wall Street" exposes your illusions about market regularities. After reading these two, your trading mindset will undergo a qualitative change.

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NFTBlackHole

· 3h ago

Really, eighty percent of domestic trading books are just IQ taxes. Damn, I bought three before, and now they're all gathering dust. These two are truly classics; they should have been promoted earlier. There are too many counterfeit products, causing a lot of harm. I've read "The Black Swan" multiple times; it really gave me a profound insight.

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OnchainSniper

· 3h ago

You're so right. Those trading books that cut the leeks really should be put to rest. The bad news is I've already read them all. The good news is I didn't lose much, haha. "The Black Swan" truly offers enlightenment; it's more effective than any technical analysis. Wait, should those trading courses claiming monthly income of ten thousand also be put into cold storage? Probabilistic thinking is the real king; everything else is just虚的. Really, these two books should be mandatory reads. They can't save everyone, but they can save many.

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GateUser-e19e9c10

· 3h ago

Honestly, the author of "Zhe Ji" publishing a book to scam money is a very common tactic. True winners wouldn't be idle writing books.

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WalletAnxietyPatient

· 3h ago

The fundamental reason for losing money is simply a poor mindset; probabilistic thinking needs to be learned from scratch.

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ThatsNotARugPull

· 3h ago

Here comes the "Trading Master" to cut the leeks again. People who buy his books are quite imaginative. That's right, the ones who can really make money wouldn't be writing books all day; they're quietly making a fortune. The book "Black Swan" is good, but even if you understand it thoroughly, you'll still lose money; probability theory can't save you. These recommended reading lists all feel overdone; the dividends are gone. Reading to change trading mindset? Ha, better to change your psychological expectations first.

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OnchainGossiper

· 3h ago

Damn, this is the real truth. The pile of books I bought before was really a waste of money. Authors who lose money publish books to make money, we keep losing money reading, cycle haha. I read the book about black swans early on, and it really opened my eyes. Probabilistic thinking can really save lives. Hearing you say that, I need to catch up on my lessons quickly, or I'll keep trading blindly. There are too many counterfeit products, I need to keep my eyes open, or I’ll fall into a trap and can't get out.

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StealthDeployer

· 3h ago

The fundamental reason for losing money still boils down to these two misunderstandings, it's really hitting home. Haha, that's why I feel sleepy when I read those "secret" books. There are too many fake products, it's better to read "The Black Swan" and have an epiphany directly. Probabilistic thinking, once understood, is the turning point. The author who failed turned around and started selling books—I've seen this trick too many times.

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