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Rating  - Reminiscences of a stock operator
This is a very good book for a beginner stock trader; it gives you an inside into the world of trading. Easy to follow and very enjoyable.
Rating - A very good book.
This was a very well written and interesting book. I would recommend it to anyone that wants to become a trader. I really enjoyed how he talked about the psychology of the markets and this was back in the late 1800's.
Rating - Remember, Jesse Livermore died broke!
While many people revere this book for its trading insights into the mind of "the most successful" speculator that ever lived, it is important to remember that Jesse Livermore died broke, and went broke several times in his life!
In other words, there are some lessons that Jesse never learned and could never be included in the interviews contained in this "trading bible".
Jesse Livermore seemed to love using debt and leverage, and he never seemed to understand the fraud of paper money, which, of course, is a debt-based currency.
The real trading lessons are to be able to read between the lines, and to learn the lessons that Jesse Livermore never did.
Nevertheless, this book contains some of the best trading advice contained in one place that I've ever read. Jesse covers brokerage fruad, stock manipulation, trading spreads, the effect of size on one's positions, and many more invaluable lessons. The book is easy, fun, and exciting to read as Jesse recounts his own life history as a trader, starting out as a young man, determined to somehow make money by watching the tape, and trading on his gut feel for price movements.
Rating - We are experiencing painfully the truth in this book today
As the stock market goes down down down, on page 163 the author explains why once again it was inevitable: "Over time, the size and complexity of the economy will outgrow the sophistication of static financial safety buffers."
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Books : Reminiscences of a Stock Operator (Wiley Investment Classics) Customer Reviews
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