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Jesse Livermore: The World's Greatest Stock Trader

Jesse Livermore: The World's Greatest Stock Trader

List Price: $19.95
Your Price: $13.57
Product Info Reviews

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Rating: 3 stars
Summary: This is not another new book on jesse livermore.
Review: If you already own or have read 'the amazing life of jesse livermore', skip this one. except for the its title and certain minor editing, this book is almost identical to the latter.

Rating: 4 stars
Summary: Great reading when you are taking time out on trading
Review: If you are taking a break from your usual trading day, this might prove to be a fun, provoking and easy to digest book. It may leave some trading questions ringing, leading you to think about your own psychology of trading.

It can be a nice break for those of you who reads a lot of heavy trading books.

Rating: 5 stars
Summary: Great book for our times
Review: In 1929 Jesse Livermore had the stock market all figured out. He made a fortune during the depression using simple strategies that can apply today. Although the editing is poor and some may not like Smitten's writing style you won't be disappointed. The information on how he succeeded while others failed is priceless and should give any contrarian Stock or Futures Trader the confidence to stick to his system.

This is a classic that belongs on any traders shelf, I have written three books on futures investing and this book stays right next to me.

Rating: 2 stars
Summary: Very Interesting Life Hurt By Poor Writing and Editing
Review: Jesse Livermore had an extremely interesting life. It is too bad, then, that Richard Smitten's biography of Livermore was so poorly written and edited. Smitten has the extremely bad habit of telling us in advance of major events in Livermore's life so that when we get to these events chronologically we have generally been told about them multiple times. Also, there are many references to people where names are incomplete or where a nickname is used and then noted on a later page. The best parts of the book concern Livermore's trading and his rules and they make the book worth readng despite its many weaknesses.

Rating: 5 stars
Summary: It's a biography, but also a great trading secrets book
Review: People who don't understand TA, have no concept of what this excellently written book is saying. I derived over 12 pages of trading notes. Yes, it's an biography on JL who was a classic manic depressive and desperately needed to take Prozac. If he lived through this market crash, he would have been richer than Gates and Buffet put together, and a whole lot happier.
Read in to this book and you will derive the secret to market success.

Rating: 1 stars
Summary: Very poorly written
Review: Sorry for giving only 1 star: although the life story Livermore has been communicated to the reader, this book has been just too poorly written. I have never read a book so poorly written. The author simply gather all the raw materials together with little organization, and NO literary kill whatsoever. Worse, apparently the author did not proof read his manuscript, nor did an editor. It would be desirable for the author to collaborate with a true writer in writing this book. It is a shame, and the author even claimed in the preface that he knows about Jessie Livermore than anyone else: too bad that someone who knows him more than anyone else can't write a biography of him of even average quality. Just a couple example to let you have a flavor of this book: after quoting in more than one places that Livermore's wife called him "Laurie", in a much later part the author suddenly thought it necessary to explain that this may be a nickname they used between them. In many a part of the book, there are passages that, after describing someone involved in Livermore's life's event, immediately adding: he/she later became such and such; or, years later he/she would do such and such.

Now regardless the writing of the book, it does give facts, so let's just struggle to read it through and get what we want, the life of Jessie Livermore. All I can say is this: I started with the desire to know about the stock market, I ended with a very sad feeling. What I've found is a very, very sad story; almost everyone involved had a tragic life, a number of them tragic deaths as well. Get psychologically prepared before you read it.

Rating: 5 stars
Summary: How to make, lose, make, lose, make, and lose vast fortunes.
Review: While Livermore started out with nothing and died more or less bankrupt, his career in-between was genuinely meteoric. The man could turn a few thousand into a million within months, then lose it all in a couple of hours. Shows how much you can succeed (and fail) if you really put your mind to it.

This book is a worthy companion to Edwin Lefevre's barely-fictional biographical novel REMINISCENCES OF A STOCK OPERATOR. The first 180 pages or so of this one closely mirror the story in REMINISCENCES, giving real-life names to people and places, and disgorging more details on Livermore's non-trading life. It goes on from there to discuss his staggering 100-million dollar win during the Great Crash of 1929 (when so many other investors and traders opted for suicide to curtail their losses) and the steady, tragic disintegration of his family life and trading instincts that followed thereafter.

Smitten has produced an entertaining, briskly-moving account of the great trader's life that doesn't require any prior knowledge of the stock market or investing ("speculating" is a better word, as Livermore would put it). Also included are a few chapters on Livermore's trading theories culled from his 1940 book HOW TO TRADE IN STOCKS.

Rating: 5 stars
Summary: How to make, lose, make, lose, make, and lose vast fortunes.
Review: While Livermore started out with nothing and died more or less bankrupt, his career in-between was genuinely meteoric. The man could turn a few thousand into a million within months, then lose it all in a couple of hours. Shows how much you can succeed (and fail) if you really put your mind to it.

This book is a worthy companion to Edwin Lefevre's barely-fictional biographical novel REMINISCENCES OF A STOCK OPERATOR. The first 180 pages or so of this one closely mirror the story in REMINISCENCES, giving real-life names to people and places, and disgorging more details on Livermore's non-trading life. It goes on from there to discuss his staggering 100-million dollar win during the Great Crash of 1929 (when so many other investors and traders opted for suicide to curtail their losses) and the steady, tragic disintegration of his family life and trading instincts that followed thereafter.

Smitten has produced an entertaining, briskly-moving account of the great trader's life that doesn't require any prior knowledge of the stock market or investing ("speculating" is a better word, as Livermore would put it). Also included are a few chapters on Livermore's trading theories culled from his 1940 book HOW TO TRADE IN STOCKS.


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