Goodreads helps you keep track of books you want to read.
Start by marking “How to Trade in Stocks” as Want to Read:
How to Trade in Stocks
Enlarge cover
Rate this book
Clear rating
Open Preview

How to Trade in Stocks

4.15 of 5 stars 4.15  ·  rating details  ·  195 ratings  ·  15 reviews
How to Trade In Stocks Written by Livermore in 1940, the last year of the author's life, this title distills the wisdom of his 40 years as a trader. It combines autobiographical and historical details through the Livermore trading system. It helps investors to learn his prescriptions for analyzing leading sectors, understanding timing, and money management. Full descriptio ...more
Paperback, 224 pages
Published March 10th 2006 by McGraw-Hill Companies (first published November 1991)
more details... edit details

Friend Reviews

To see what your friends thought of this book, please sign up.

Reader Q&A

To ask other readers questions about How to Trade in Stocks, please sign up.

Be the first to ask a question about How to Trade in Stocks

This book is not yet featured on Listopia. Add this book to your favorite list »

Community Reviews

(showing 1-30 of 377)
filter  |  sort: default (?)  |  rating details
Duffy Pratt
I would have rated this higher if I had not already read Reminisences of a Stock Operator. There's very little in this book that is not presented there, and I think the presentation there is more vivid. The main thing that is new is some actual detail about approaching Livermore's pivot points, including some actual examples. Unforturnately, however, these examples derived from data charts that were basically unreadable on my Kindle. Still, I got the basic idea of how he used them. The specifics ...more
This is a must read book for any trader attempting to make it big. Jesse Livermore, in many ways, is the complete opposite of financial role models like Warren Buffet. His take on the stock market is like no other. After reading the book, you realize it wasn't luck that was on Livermore's side but his self-discipline to be a better trader.

This book gives deep thoughtful insight I have yet to come across in any other book. There is more to this book than just the financial advice as Livermore pro
Alan Bevan
Fascinating to read how the 'old timers' traded. The fundamentals are basically unchanged.

I was also interested at the hints of Livermore's sub-story which is to be found in the brief notes accompanying the photos in the book. For example, he was depressive and finally suicided. His wife shot his son. He went bankrupt a number of times. He was a womaniser. None of these things are related to his trading system (other than the bankruptcy perhaps) but they certainly add colour.

The book is badly st
Harold Citron
Interesting book, centered around Livemore's trading system. The system focuses purely on a momentum based strategy revolving around charting techniques. Little to do with Ghaham / Dodd style investment analysis (Livemore actually discourages this style of investing). Since I prefer financial statement analysis to charting (sorry, voodoo in my mind) I wasn't pulled in by the various tops, bottoms, shoulders, and breakout points.

That said, the understanding of momentum, both in terms of industri
I enjoyed reading this simple book about the trading methods of Jesse Livermore, written by one of the most famous traders Jesse Livermore. To be sure, I never heard of him before either except for the books I have been reading often referenced his "famous book". Jesse was a trader in the Turn of the Century and up into the '40s, and so you know, trading in the 1929 Crash he walked away with 100 million in cash, 1929 dollars! Interestingly I have become more curious to his biography and his trag ...more
Louis III
Printed in 1940, Jessie Livermore detailed his method of trading stocks that made him one of, if not the best, trader in the 1930’s. His method of trading stocks is not what makes this book so special, it’s his subtle comments about the “way it used to be”. The markets changed so much from the “traders market” of the 1930s that he actually committed suicide very shortly after the book was printed. Jessie Livermore’s method of trading no longer worked when he wrote this book because markets where ...more
Ed Ball
A Classic! Jesse Livermore's contribution to investors the world over was "The Pivotal Point." The point in the chart where a confirmation for a new trend has begun. Jesse stated: "I never benefited much from a move if I did not get in at somewhere near the beginning of that move."
Very interesting approach, one I never thought of before. I need more details before I'm confident I can trade this way but for a first book introducing me to Livermore it was very good.
Hui Shi
As i read this book, i was nodding and agreeing in silence. This book contains many jewels of trading wisdom.
Jason Lamarche
Learn the golden rules of stock trading, but don't forget them when you start to sweat! Another must read!
The information in the back of the book is very helpful in understanding his trading rules.
I have a first print hardcover copywriten 1940. Basic understanding of how the market works.
if you follow IBD methods of stock buying, this book is a must purchase.
Ron Yeo
anecdotal thrash
good basic ideas.
Zack marked it as to-read
Jan 22, 2015
Brian Babcock
Brian Babcock marked it as to-read
Jan 21, 2015
Spencer Heflin
Spencer Heflin marked it as to-read
Jan 18, 2015
Nick Doinikov
Nick Doinikov is currently reading it
Jan 16, 2015
Steven Chang
Steven Chang marked it as to-read
Jan 15, 2015
Mohiuddin Kochi
Mohiuddin Kochi marked it as to-read
Jan 13, 2015
Marcin marked it as to-read
Jan 13, 2015
« previous 1 3 4 5 6 7 8 9 12 13 next »
There are no discussion topics on this book yet. Be the first to start one »
  • How I Made $2,000,000 In The Stock Market
  • Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude
  • How to Make Money in Stocks: A Winning System in Good Times or Bad
  • Stock Market Wizards: Interviews with America's Top Stock Traders
  • Trading for a Living: Psychology, Trading Tactics, Money Management
  • Japanese Candlestick Charting Techniques: A Contemporary Guide to the Ancient Investment Techniques of the Far East
  • Trend Following: Learn to Make Millions in Up or Down Markets
  • Trade Your Way to Financial Freedom
  • Technical Analysis Explained: The Successful Investor's Guide to Spotting Investment Trends and Turning Points
  • Reminiscences of a Stock Operator
  • Winning the Loser's Game: Timeless Strategies for Successful Investing
  • Your Money and Your Brain
  • Way of the Turtle: The Secret Methods That Turned Ordinary People Into Legendary Traders
  • Pit Bull: Lessons from Wall Street's Champion Day Trader
  • Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications
  • The Education of a Speculator
  • Running Money: Hedge Fund Honchos, Monster Markets and My Hunt for the Big Score
  • Devil Take the Hindmost:  A History of Financial Speculation
Jesse Livermore's Methods of Trading in Stocks Reminiscences of a Stock Operator

Share This Book

“set your own rules and stick to them; never argue with the market; never make a play you can’t afford; never give way to irrational exuberance. Above all, don’t be a sucker.” 0 likes
More quotes…