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Preview — How to Trade in Stocks by Jesse Livermore
How to Trade in Stocks
The Success Secrets of a Stock Market Legend
Jesse Livermore was a loner, an individualist-and the most successful stock trader who ever lived. Written shortly before his death in 1940, How to Trade Stocks offered traders their first account of that famously tight-lipped operator's trading system. Written in Livermore's inimitable, no-nonsense style, it interweaves fascina...more
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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 ...more
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 ...more
That said, the understanding of momentum, both in terms of industri ...more