The Art of War by Sun Tzu

Okay, this is not a trading book but an excellent book to get you started in strategical trading. Sun Tzu is a true master of strategy. There is something one can learn from every page in this book.

"The battle is won before it is fought."

How true can this be when applied to trading. Trading without a plan is a sure way to lose. Trading is not all about being on the offense either. Be defensive (remaining flat or trading small) is also another form of offense.

I have personally read this over 10 times and have found it a great help in my trading. I does not have to be applied to trading only either. The wisdom given by Sun Tzu can be applied in all areas of life. A must read!