Reminiscences of a Stock Operator

Reminiscences of a Stock Operator

Reminiscences of a Stock Operator

I think this book is essential reading for anyone who is trading or thinking of trading the markets. Widely held to be a fictionalized biography of Jesse Livermore, this is not only a hugely enjoyable and compelling read, but presents a lifetime of experience of trading markets.

Although other books talk about trading psychology, this book is full of anecdotes which are practical demonstrations of these principles. All the way through I recognised aspects of my own trading behaviour, even though I have been trading less than a year.

A lot has changed in the mechanisms of the markets since this book was written in the early 20th century, but most of the human aspects portrayed have remined exactly the same.

Doug
A 'must read' for traders/investors

An excellent book and an easy read, well worth it.
Reminiscences of a Stock Operator

Fully agree with other reviewers. This book is a must read for any aspiring traders. It clearly describes all the pitfalls in a traders existence.

Single most important message I took from the book is: NEVER trade on tips!!!
Here's something different!

A different but a good read from the norm.

This is in a story format. However, within this story there are a variety of hidden gems which you can use to your advantage in trading.

It's story or even a sort of biography of a very successful trader starting from a very young age to his peak. He goes through the ups and downs of trading, how he tackled them, what he learnt from them and how he got back up after being wiped out of millions. Again, a refreshing read from the normal theory books on trading out there. You just need to find and pick out the trading gems or tip hidden within this book
One of the best books on trading

As I am sure you have figured by now, Reminiscence is more of a story that a trading book, but in my opinion, one of the best trading books I have ever read.

As you follow Livermore's life in the markets, you are constantly given ideas, thoughts, theories and learn what NOT to do.

You will see how he made and lost millions in the markets and how he as a person and a trader develops over the years.

It is very easy to read and a compelling story, the end I feel is a bit rushed and 'thrown together', but the rest of the book makes up for it.

Realistically priced, I feel that most traders - long and short term would find benefit from reading this.
Reminiscences of a stock operator

very well written book, very good read, very applicable to trading today. Even if you dont trade the book is a good read.

Jesse Livermore has also written a book "how to trade in stocks" which is also a good read for traders. This gives some good benchmarks to help your trading.

There is also a book by Smitten, a biography of Jesse Livermore, less of a traders book and more story, but still a very good read
The Best Trading Book, Ever

My all time favourite book which I read at least once a year. Easy and fun read, but filled with timeless insights into trading, psychology and the nature of the markets.
Essential reading

Yes he blew his head off in the Sherry Netherland Hotel where he was having an affair with the hat check girl. His last words were supposed to have been "my life has been a waste of time". I still think it was the best trading book in existence until Jack Schwager came along - you'll still see a copy in every major dealing room for newbie education and I don't know a successful trader who hasn't read it. His life was a cautionary tale about getting emotionally involved with the outcome of one's trading.
Must Read

Contrary to other readings, this book accentuates what it should not be done in trading. Very enjoyable and entertaining to read.
A Must Read

This is the best an only book you should ever read about trading... I read this 2-3 times a year and each time I do something else just falls into place or a new angle on an existing concept presents itself.

The detail and information in this book is as sound now as it was in 1923 when it was written.

If you dont read this you are missing out
Life is Short Art is Long

I would not recccommend this to all the other Traders out there for the simple reason, it would place me at a far better advantage than them if they have not read it.....................

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.


"Timeless really"
The Greatest Trading Book Ever Written

Not much more to be said. If you are serious about trading, you must read this book. 10 out of 10.
Timeless Classic

You owe it to yourself to buy this book! What are you waiting for...
Don't call yourself a trader unless you have read this book

The biggest thing I learned from the book was that even the greats blew out accounts and that I need to always protect capital and stash it away when times are good away from the market. Timeless classic
The most influential book I have read

This book is unbelievable the amount of information which is relevant to trading these days is so evident.



I can't recommend this book enough.



Lodian
Excellent.

The best and most useful trading book there is. Bar none.
Justice

How is this book ranked #2 behind a book on Point and Figure charting?

This is THE best book ever written on trading.
The best.

This book is simply extraordinary - as others have said, the best book on trading ever written.

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.
It will benefit those who are intent on learning the true art of speculation

The book is a masterpiece but if you are searching for some kind get rich trading system, this book isnt for you. I personally think this book will only benefit those who are intent on learning the true art of speculation. Many of the trading 'lessons' are cleverly delivered in a subtle way through the use of anecdotes and they are as valid today as they were when first written almost 100 years ago.

You either get it or you dont.
Required reading, IMHO

In my opinion, a required reading by wannabe traders as well as seasoned ones. This book made clear to me the importance of risk management. Without it even the best trader in the world will go broke!
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