Reminiscences of a Stock Operator
First published in 1923, Reminiscences of a Stock Operator is the fictionalized biography of Jesse Livermore, one of the greatest speculators ever. Reminiscences remains the most widely read, highly recommended investment book ever written. Generations of investors have found that it has more to teach them about themselves and other investors than years of experience in the market. This is a timeless tale that will enrich the lives - and portfolios - of today's investors as it has those of generations past.
Publish date: 2012-02-09
If you don't enjoy reading this then trading is probably not for you!
I don't agree with everything he said as I think as I have heard said before he learnt how to make money but never learnt how to keep it and don't reckon much to his money management!
But as a genral book on how the market works you just can't beat it.
Required reading, IMHO
It will benefit those who are intent on learning the true art of speculation
You either Ďgetí it or you donít.
Speilberg should do it, which T2W poster is ugly enough to play the lead role?
The current zeitgeist is to be 'smart' enough to discover the hidden meaning for retail traders, there is none, as a bible it's as impotent as other comfort blankets; Trading in the Zzzone etc...
Whilst the mindset of the trader may not have evolved over time, the methods employed have. In terms of relevance Jesse was a top level player of that there's no doubt, but he had more in common with Philip Green of Arcadia than Morgan Sze (formally of Goldman Sachs).
Do not make the mistake of thinking that the book lacks practical application for the modern trader. It is immensely practical - I use the lessons it teaches every day that I trade.
If you open your mind this book will take you from the hardest sticking point on your journey - the break even stage - to the point where you becaome a profitable trader.
Brilliant in so many ways, this book is essential reading for any trader. If you get any idiots coming along wittering about "hidden meanings", you know that they are Walters who don't actually trade.
This is THE best book ever written on trading.
An excellent read for traders.
Reminescences of a Stock operator
He killed himself, his wife shot her son...
Maybe not the best book for somebody who is new to trading and wants to live a long and prosperous life.
The most influential book I have read
I can't recommend this book enough.
Life is Short Art is Long
Many famous Artists have commited sucide or self-harm, but their work remains a Master Piece. Reading one of the rare negative comments, this would be my rebuttal.
This book is brilliant and is the Traders Text Book, along with Mark Douglas "The Discipled Trader". It is a re-readable book and written in an accessable way that puts home the relevant lessons much better than most of the modern day books out there.
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