Reminiscences of a Stock Operator

Rating:
Summary: An indispensable read before engaging in stock trading
Review: Those who forget the past are bound to repeat it............. While Wall Street and markets around the western world continue their bull run, those who forget this adage will be in for a nasty shock. Written in 1923, this diary is full of warning of the shocks of 1929 and 1987 which followed. The gullibility of the public is clearly demonstrated, and the arrogance of each new generation feeding the bull cycle of it's day exposed. Now if I can only decide when to sell Microsoft short............. A cracking read.

Rating:
Summary: Unbelievable
Review: Don't start trading without reading this book

Rating:
Summary: A beautiful book, but lack of actuality
Review: This is a very good book for everybody who's interested in the stock market. It's written nicely, easy to understand, attractive, self enlightening. Unfortunately, we are living in the millennium era; full with numbers, charts & analysis to predict the market. And this book can not bargain with it (cause it was written 70 years ago!) Despite its little lackness, I still recommend this book because you'll love to read it for sure!

Rating:
Summary: One of the best trading books ever.
Review: This book was actually written (with the help of a ghost writer) by Jesse Livermore himself and not Edwin Lefevre. Lefevre was simply a name that Livermore picked to have the real author - himself - remain anonymous. It took me years to master the trading tecniques outlined in this book - emotions and greed kept clouding my actions - the same way that they clouded Livermore's actions. An easy book to read but the lessons of the book come much harder.

Rating:
Summary: best book I have read on trading
Review: This book is a must read for anyone who wants to be a trader. It also makes enjoyable reading for anyone interested in the financial markets. I gained more knowledge from reading this one book than I did several others combined!

Rating:
Summary: Considered the "bible" by technical market analysts.
Review: A fascinating story of market success and failure supposededly based upon the activities of the famous stock operator; Jesse Livermore. Written in the early part of the century, it's investment wisdom and lessons are timeless. Generally among the top recommendations by 'Market Wizards'.

Rating:
Summary: I'm on re-read number 14
Review: and I still belive I haven't gleaned everything from the book. I first bought the book before I started investing and thought it very intriguing as a story. After starting to invest as a professional I have since then gone back and re-read it many times over. For like those hidden 3-D pictures, you never see the hidden picture(s) unless you have the experience of market involvement on your side. Its that simple.

Rating:
Summary: Old and simple, but winning ways
Review: I've nearly finished the book, and the simple ways of trading is something I think will be valuable to me in my future trading. Of course you do not rely solely on Livermores ways - the economy and the stock market is more complex today than it appeares to have been then. But when you make your educated guesses, I think his lowbrow way of letting the price action prove or disapprove the thinking, and then pyramiding up (on longs) or down (on shorts) is actually a nice way of letting yourself into a position. I do not think you have to do his extreme concentration on one or two stocks. As long as you can keep up with the action, a bigger number of stocks can keep you away from his boom/bust experiences thru diversification.

Rating:
Summary: investors will love this book
Review: I didn't exactly learn much from this book, but it was still an enjoyable read, watching a trader's life. Jesse Livermore's career (this is his fictional biography) had lots of ups and downs, and it's fascinating to learn about them.

Rating:
Summary: An OK book, if you don't mind reading about the early market
Review: I read this book a few years ago, and didn't really find it to be any kind of revelation to trading in general. It is mostly a fun read, with anecdotal references to the early times of trading (i.e., reading the literal ticker-tape, bucket shops, reading chalk boards, etc.). It definately helped me to appreciate that the trading opportunities today for confessed day-traders is even more numerous if you have a trading strategy. This book will not reveal any specific trading strategies that you can take to the bank, but it is a nice book for your library.