Bill Luby at the VIX and More excellent blogsite posted two recent compilations regarding investment books you should consider reading.

The first list is entitled “Ten Anectodal/Historical Book Ideas for Investors” and includes one of my favorites: Alan Farley’s The Master Swing Trader.

A second list which is very important to active traders/investors is his Risk Library Collection which includes McKay’s lengthy, humorous title Extraordinary Popular Delusions and the Madness of Crowds. I also recommend Kenneth Grant’s Trading Risk.

I am jokingly disappointed he didn’t recommend one of my favorite books on the topic of risk, but it may not be a mainstream book: The Psychology of Risk: Mastering Market Uncertainty by Dr. Ari Kiev. Kiev takes you through lessons and case studies of traders he has worked with and it is a very understandable and enjoyable read.

Look over all his recommendations and read his brief commentary on each recommendation to see which book you want to begin reading first.