The more you immerse yourself into trading, the more you’ll discover that the biggest road blocks you’ll encounter have their origins in human behaviour. Trading psychology, emotions, personal development and discipline, to name a few. And while there are plenty of great books on trading psychology, I often enjoy taking a broader view and seeing what I can learn from non-trading books.
The more that you read, the more things you will know. The more that you learn, the more places you’ll go.
– Dr. Seuss
To give you an example: while trading, I found it really helpful to be aware of cognitive biases related to losing (e.g. prospect theory and loss aversion), which is described extensively in Daniel Kahneman’s masterpiece; Thinking, Fast and Slow. To approach a certain trading issue from an outside perspective like this can be tremendously helpful.