Rating: 
Summary: I love this book!
Review: There is no doubt in my mind that this is the most widely read book on investing and is still the one I turn to every time I am in the need of a good read. I have read this book 3 times now and every time I seem to learn just a little bit more about how the great bear of Wall Street actually did manage to make a great living out of the stock market.If you are new to investing I can only recommend this book as your first read...
Rating: 
Summary: Good , but
Review: Well here we are. So you know what I think about Reminiscenseces of a Stock Operator. The guys good, probably born with 80% LADY LUCK. But you and me, the average GI JOE is born with 49% Luck. Shooting for that 51%. Working from 9 to 5. You really have to dig deep to get anything out of this book. Basically the guys a lone wolf and he keeps it that way. There are some good points, even the expert can get "psyched-out."
Rating: 
Summary: Didn't think it was that good
Review: Maybe I'm missing something. The conventional wisdom is that this is one of the classics. If you are a long term investor then there are other better books out there, such as "A Random Walk down Wall Street", or "John Bogle: The first 50 Years". Unless you are a trader of individual stocks or are interested in the psychology of a trader I just don't see the relevance of this book.
Rating:
Summary: Heart and Mind of The American Dream on 299 pages
Review: Amazing, isn't it?
I was reading books dealing with the newest generations of technical indicators, technical analysis, books on cybernetic trading robots, even (seemably) off topic literature such as game theory or social psychology just to "get it", to understand how the biggest game of all games works. But still, I haven't found a book that sums it up as well (or better: more perfect) as this one does. This book simply blew my mind. It's amazing to read how Jesse Livermore literally worked as an `online'-daytrader and even momentum-scalper ("I had wires to my brokers from that room") about a hundred years ago and how he sums it up better than any of the newer ones on trading. In my opinion, Jesse Livermore is to trading what Newton represents to physicists or Socrates to philosophers, and that's the reason why this book is something every american can be proud of. The american dream isn't just possible, it happened, and this book is the most beautiful one i know that tells you why and how.
Rating:
Summary: Make this book your life time bible!
Review: This is my bible. I guess this is all you need if you want to trade well in the stock market. Oh well, at least this is the #1 book you need to have in order to be able to fight against your hope, fear, and greed in the stock market.
I strongly recommend read this book over and over again. Excellent book!
Rating:
Summary: A Complete Insight Into Reminiscences of a Stock Operator
Review: Literary critics are often asked, "If you were stranded on a tropical island and you only had one book to read for the rest of your life which book would you choose?" Well, if you posed that same question to the world's professional traders the response "Reminiscences of a Stock Operator by Edwin LeFevre" would be the most frequent response, and by a large margin.
Despite being written in the early 1920's, Reminiscences of a Stock Operator continues to be the most useful and most-loved book ever written on the subject of trading and speculation. In this novel, LeFevre brilliantly describes the life and times of the book's protagonist, Larry Livingston, a pseudonym for Jesse Livermore, one of history's most famous traders. Livingston never considered himself an investor; he was a speculator. He didn't mind being long or short, he just wanted to be correct. His approach was to figure out what the path of least resistance was and then go with the flow. He didn't believe in picking tops or bottoms; he waited for a trend to be confirmed and then jumped in, thus never fighting the tape. Livingston never traded out of boredom or solely for the sake of the excitement it brought to him. He knew that he could get rich by following a defined trend and thus calmly waited on the sidelines when the market was directionless. Had Livingston been alive today he would certainly be a momentum/price action based trader. Although a sizeable portion of the book vividly describes the highs and lows of Livingston's exciting life, the meat of the book comes in the form of trading commandments that every successful trader can likely repeat even while asleep. These are the trading rules that have been passed down from mothers to daughters, fathers to sons, mentors to students, winners to losers. This is the book from which almost every subsequent general trading book is derived. If you have ever wondered where the trading rule "Never average down" came from, just turn to page 154. Where did the comparison between greed and fear first originate? You'll find it on page 130. Some other rules to live by that were introduced in LeFevre's book are: -The trend is your friend. -History repeats itself. -No stock is too high to buy or too low to sell. -Let your winners run and cut your losses quickly. For beginners, this book will give you a strong and sturdy foundation on which you can build your successful trading career. It will fill your absorbent trading mind with vitally important trading principles in a clear and understandable manner. For experienced traders, reading this book again will galvanize your mind and refresh your spirit for trading. It brings clarity as to why we trade and how to best go about it. This is a must read for beginners and a must re-read for all others.
Rating:
Summary: Much more than a novel
Review: Technically, this is a novel, although it is based on a biography. One would not expect to learn trading from a novel, but there is more to learn about trading from this book than from almost all other trading books. All important trading rules are illustrated in entertaining chapters, such as cut your losses short, let your profits run, don't average down, and ignore rumors.
Rating:
Summary: The second best book on the stock market
Review: Superb trading wisdom. I really loved the golden nuggets of information you seem to find on every page of this book. Here was a man who made and lost several fortunes. He offers trading wisdom in a "bottle". See for your-self what ir reall takes to make a lot of money ion the stock market. After reading this book you will throw away all those technical trading systems. GUARANTEED!...
Rating: 
Summary: Long read, little knowledge gain...
Review: My former review on this book was not very positive: a very low "useful knowledge" per pages ratio. At the time I was trading on the side, like most people do. Now, after 1.5 years of readings (about 25 Amazon-bought books) and reflexions I'm trading full time; and doing well, by the way. I'dd say any real trader will recognize himself in Mr. Lefevre's story and any novice will extract some useful info. But if you're looking, like I was then, for something packed with substance on how to stock trade properly, keep shopping. This book is too long for what it has to say. It's a trader's BIOGRAPHY.
Rating:
Summary: Great cornerstone for a solid trading education
Review: Looking back on my trading career, I am grateful to have read this book when I did. It helped me frame my reactions to market moves and understand what to expect when I started trading, otherwise I would have torn my hair out a long time ago. It presents in a compelling anecdotal style what you can come to expect as a professional trader. The ups, the downs, the doldrums during vacation times, the market panic, etc. I recommend it to anyone who wants to begin trading. When you are done with that, then I recommend you check out a market timing book like Connors VIX Reversals and a simple, effective trading strategy like the One Day Breakout Method. These two books alone will help you make a lot of money in the markets. Take it from me and the thousands of dollars I lost before I decided to make my trading life less complicated.
| 
