Trading Books

There have been quite a few of these threads over the years. I bought some of the books listed below as a result of recommendations by others :)

My favourite books on trading or related to trading are:

Trading Risk by Kenneth L. Grant
Great book, easy to read, understand and apply. Focuses heavily on performance analysis, which is extremely important in my opinion.

Portfolio Management Formulas : Mathematical Trading Methods for the Futures, Options, and Stock Markets by Ralph Vince
All applicable to gambling. Food for thought, requires some study.

Against the Gods by Peter L. Bernstein
A history of risk and how it has been quantified throughout time.

The Wisdom of Crowds by James Surowiecki
A great read. The classic "popular delusions and the madness of crowds" is also interesting, focusing on things like 'tulip-mania' and the South-Sea bubble.
An interesting idea that springs up from this book is that 'the crowd' is highly intelligent as long as everyone acts independently.

The Misbehaviour of Markets by Benoit Mandelbrot
Highlights flaws in traditional models used in finance, and suggests radical improvements. Easy to follow.

Fortune's Formula by William Poundstone
This is an amazing book, and it introduced me to Edward Thorp, who is my role model when it comes to gambling. Very entertaining and informative.

The Myth of the Rational Market by Justin Fox
I'm reading this one at the moment. Very well researched.

Market Wizards and The New Market Wizards by Jack D. Schwager
Both are excellent. Gives some insight into how traders make money.