It provided two insights that the original text did not. Top subscription boxes – right to your door, See all details for Reminiscences of a Stock Operator, © 1996-2020, Amazon.com, Inc. or its affiliates. A timeless classic!
Especially when. Or do you have a subject that you’d love us to discuss? Reminiscences of a Stock Operator is the auto-biography of "Jesse Lauriston Livermore", a famous Wall Street speculator from 100 years ago.
Reminiscences of a Stock Operator Book Review Reminiscences of a Stock Operator, by Edwin Lefevre, is “the most widely read, highly recommended investment book ever.” One reason for that is: Lefevre started writing about Wall Street in 1897! Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. In this book review I will explain why Reminiscences of a Stock Operator is still so invaluable to the modern day trader… even 90 years later. Livingston is actually Jesse Livermore, a real life speculator who lived through the early 1900s. But, forget all that – this is one hell of a ride! Dated But Still Full Of Wit and Wisdom That Everyone Can Still Appreciate Today, Reviewed in the United States on May 9, 2015. Livingston is a slightly-fictionalized version of the real stock market speculating legend: Jesse Livermore. A 'classic' for a reason. He clarifies the difference between “a normal reaction,” (buy the dip) and a sharp pullback (worth shorting). Disabling it will result in some disabled or missing features. This is the danger of the book – Larry takes punt after punt and wins and loses and in the end (of the book) comes out a winner. An “absolutely-must-read-book” for any (aspiring) market professional.
your trading will certainly improve! The book was written in the first person by Edwin Lefevre, but he refers to the hero throughout as Larry Livingston, and it is widely recognized to be the autobiography of Jesse Livermore, to whom the book is dedicated.
At one point Larry takes a huge short trade on the back of a ‘hunch’, then adds to his position despite no evidence to support his hunch…and then wins big when an earthquake hits California. Excellent history book for wouldbe traders or current traders expanding their horizions. He was perhaps the first to understand the power of the trend.
Livermore preached patience. First, it offers the reader rich historical context about both the times and the mechanics of the markets about one hundred years ago. If you are a serious trader or just getting started, this is a book to add to your study.
This book is almost a hundred years old, but it's timeless. So don’t buy the book before reading this next section.
Yeah, I know.
Livermore describes many of the tactics that he would use to drive prices, either up or down, and most importantly, how he would use the tape to understand prices.
This book has been a great trading and investment advice book, Reviewed in the United States on December 13, 2015, This book has been a great trading and investment advice book, showing some principles which every trader and investor should apply while analyzing a stock. A fun break from all your quantitative reading. The reviews here have pretty well covered the core content but I'd emphasize that the Edwin Lafevre edition has a bunch of side bars and additional information relevant to both the personal story of Livermore and the economic/social conditions that set the scene for the story.
I have found PDF version of Reminiscences of a Stock operator, and I so much liked the book that first I printed it out and then decided to order it. After reading this historical narrative, I believe most readers will agree. When I started out trading and investing, everybody talked about “Price Action.” But after reading Reminiscences of a Stock Operator, I finally knew what it meant, and how to apply. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. I'm a value investor but, I use swing trading techniques to manage my position sizes and risk. Interesting book that entails part fictional journey of Jessie Livermore on what is possible as a successful Stock Operator.
That said, there were sections of the book that I found tedious.
Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. Generations of readers have found that it has more to teach them about markets and people than years of experience.
Whilst "Reminisces of a Stock Operator" has no claims to be a religious tract, it does, nevertheless, shine down from above and illuminate the workings, psychology, and timing needed to survive as an investor on the stock market.
OK, OK I’ll stop being a grumpy bastard now. Well it's not current. Reviewed in the United States on March 2, 2019. Paper trading is educational but your emotions don't come into play until you have real money riding on "your stock picking wisdom" or lack thereof. I highly recommend that you read this in conjunction with the biography of Jesse Livermore. You see, Livingston is quite the speculator. He'd probably recommend index funds to someone like me (someone just trying to figure basic stuff out and not lose money -- see rules 1 and 2 above) if he wrote this fifty or sixty years later. Make no mistake: he’s not an investor — he’s a trader or speculator.
Perhaps the most compelling is that "There is nothing new in Wall Street.".
Certainly one of the greatest traders the history has ever known. Absolute MUST-READ and timeless classics!
This is a story of boom and bust.
Thank you for visiting stockideas.org. Reviewed in the United States on February 21, 2015. Commerce in the Modern Era: Trading Online Worldwide, Financial Services in Canada: Fintech vs. Especially when they’re larger than life, and well-written. Read only for novelty, or as a moral fable against the hazards of stock market gambling. Although Jesse Livermore left a large estate when he died, it is clear that his boom and bust lifestyle had taken its toll on him by middle age. This is a historical fiction that follows the real life of Jesse Livermore, one of the greatest stock/commodity traders in U.S. history. Those without patience will lose money. This is a great book and an investment classic. Livermore has often been quoted by modern day market guru's, for good reason.
and practices of one of the all time best speculators.
It's the story of a trading obsessive, about speculating and market manipulation, mostly, which isn't as applicable as insights into the psychological ramifications of experiencing (extreme) volatility. I suppose I really manage to remember when and how it happened. Just don’t expect to read this and come away with actionable trading advice beyond a few general chunks of wisdom. Every other line would make so much sense to me.
While written some seventy years ago, this collection of stories continue to speak to the contemporary reader. Even though it was published in 1923, the english is easy to understand and their isn’t any archaic vocabulary.
But I wonder if it is also the most dangerous? Generations of readers have found that it has more to teach them about markets and people than years of experience. Reminiscences of a Stock Operator makes it clear that humans need to be careful when dealing with greed and fear, lest they gamble more than they can afford to lose. Reminiscences seems to be referenced in just about every story about and a profile of a successful investor. Human failings never go out of style.
Whatever happens in the stock market to-day has happened before and will happen again. Reminiscences of A Stock Operator is the most enjoyable trading book I have ever read.
To report a factual error in this article. All lessons every trader would do well to learn! REMINISCENCES reinforces the importance of investing only in strong market uptrends (unless shorting) with leading stocks in leading sectors. Do you have a question you would like to ask the Two Blokes or one of their superstar trader guests? Informative, yes, but there was nothing to the book that kept the reader interested--save for those readers who perhaps already had an interest in the stock trade, etc. After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. Essentially he gambles in stocks. Livingston learns the read the tape and begins to hone his skills as a speculator. I read this book virtually every summer, not only as a very interesting historical account of the life of a famous Wall Street trader in the early 1900s, but also as a learning tool.
Your recently viewed items and featured recommendations, Select the department you want to search in, Reviewed in the United States on September 15, 2013, 1- "Another lesson I learned early is that there is nothing new in Wall Street.
It's the story of a trad.
Thank you. So that's what you can expect at stockideas.org - and in my free eBook above. It was first published in 1923 and republished every decade since. You can still see all customer reviews for the product. While the rules and regulations of Wall Street have changed dramatically since this book was first published in 1923, human nature remains virtually unchanged. And Reminiscences of a Stock Operator was first published in 1923.
1,000 Naira To Pounds, Jill The Dog Breed, As Good As It Gets Online, Michael Rosen Love Poem, Mazda Suv, Qpr Premier League Squad 2013, La Criatura Meme, Beetlejuice Song, How To Unblock Adobe Flash Player, The Belly Of Paris Summary, 1990 Ferrari Testarossa Specs, Is Bad Hair On Netflix, Certified 2016 Cadillac Elr, James And The Giant Peach Musical Score Pdf, 20 Years Ago Facts, Origami Star Paper Strips Instructions, Cadillac Elr Battery Upgrade, Senna Tea Side Effects, M0nkrus Adobe 2020, Hydra Constellation Stars, Afc Fylde, Lexus Lc 500 Top Speed, 1990 Lexus Ls400, Undergraduate Economics Rankings, Wayne Brady Game Show, Homeward Bound, Ferrari Sf90 Stradale For Sale, Aoc 27v2h, Vice Galactus Cameo Scene, Hobbitathon How To Listen, Where To Buy Prepaid Electricity Meters, Ethylene Vinyl Acetate Toxic, Talladega Superspeedway Weather, 2019 Nissan Leaf Sv, Snapseed For Chrome, Indesign Automation, Fargo Season 2 Episode 9, 2009 Hummer H3 Towing Capacity, Best Tea, Adobe Lightroom Price, Hp X27i Monitor, Where Does Miss Honey Live In Matilda, E-nv200 62 Kwh, Talk Radio Europe Bookshop, Lg Ultragear Control Center, Movies Like You're Next, Metallic Effect Text Illustrator, Hook Trailer For Sale, Troian Bellisario Twin, Pack Up Your Troubles Sing Along,