How to Trade in Stocks - The Livermore Formula for Combining Time Element and Price

The Success Secrets of a Stock Market Legend

Jesse Livermore was a loner, an individualist-and the most successful stock trader who ever lived. Written shortly before his death, How to Trade Stocks offered traders their first account of that famously tight-lipped operator's trading system.

Written in Livermore's inimitable, no-nonsense style, it interweaves fascinating autobiographical and historical details with step-by-step guidance on:

$ Reading market and stock behaviors

$ Analyzing leading sectors

$ Market timing

$ Money management

$ Emotional control

Exact Facsimile of 1940 Edition. All 16 Color charts reproduced in color. Livermore was one of the greatest traders of all time. At his peak in 1929, Jesse Livermore was worth $100 million. In late 1939, Livermore's son, Jesse Jr., suggested to his father that he write a book about his experiences and techniques in trading in the stock and commodity markets. The book was completed and published by Duell, Sloan and Pearce in March 1940. His methods were still new and controversial at the time, and they received mixed reviews from stock market gurus of the period. How to Trade Stocks offered traders their first account of that famously tight-lipped operator's trading system. Written in Livermore's inimitable, no-nonsense style, it interweaves fascinating autobiographical and historical details with step-by-step guidance on:

Reading market and stock behaviors

Analyzing leading sectors

Market timing

Money management

Notable Quote: The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.

The Success Secrets of a Stock Market Legend

Jesse Livermore was a loner, an individualist-and the most successful stock trader who ever lived. Written shortly before his death in 1940, How to Trade Stocks offered traders their first account of that famously tight-lipped operator's trading system. Written in Livermore's inimitable, no-nonsense style, it interweaves fascinating autobiographical and historical details with step-by-step guidance on:

• Reading market and stock behaviors
• Analyzing leading sectors
• Market timing
• Money management
• Emotional control

In this new edition of that classic, trader and top Livermore expert Richard Smitten sheds new light on Jesse Livermore's philosophy and methods. Drawing on Livermore's private papers and interviews with his family, Smitten provides priceless insights into the Livermore trading formula, along with tips on how to combine it with contemporary charting techniques. Also included is the Livermore Market Key, the first and still one of the most accurate methods of tracking and recording market patterns

2014 Reprint of Articles that first appeared in the Magazine of Wall Street in the 1920's. Full facsimile of the original edition, not reproduced with Optical Recognition Software. Livermore was an American stock trader. He was famed for making and losing several multi-million dollar fortunes and short selling during the stock market crashes in 1907 and 1929. Apart from his success as a securities speculator, Livermore left traders a working philosophy for trading securities that emphasizes increasing the size of one's position as it goes in the right direction and cutting losses quickly. The materials published in these articles represent Livermore's collective wisdom on stock trading. Chapters include: Preparing for the day's work Arrangement of the trading office How to read the tape Commitments and limits of risk How to keep capital turning over Kind of stocks in which to trade Pyramiding And much more

How to Trade in Stocks - The Livermore Formula for Combining Time Element and Price

The Success Secrets of a Stock Market Legend

Jesse Livermore was a loner, an individualist-and the most successful stock trader who ever lived. Written shortly before his death, How to Trade Stocks offered traders their first account of that famously tight-lipped operator's trading system.

Written in Livermore's inimitable, no-nonsense style, it interweaves fascinating autobiographical and historical details with step-by-step guidance on:

$ Reading market and stock behaviors

$ Analyzing leading sectors

$ Market timing

$ Money management

$ Emotional control

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