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Old 08-19-2006, 09:04 AM   #1

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Jesse Livermore: The World's Greatest Stock Trader by Richard Smitten

Pure trading wisdom. Jesse Livermore is a true legend in the trading business. This book was recommended by my trading buddy several years ago and I am very fortunate to have read this. Very rich in trading philosophy and good old wall street wisdom. Jesse Livermore's life is a wild roller coaster; losing and making fortunes. Core concepts discussed in this book are money management, crowd psychology, and market timing. It's a wonderful page turner especially for those who loved Reminiscence of a Stock Operator. Jesse Livermore till this day remains by number one trading hero. His market philosophy and trading strategies have had tremendous impact on my development as a trader. Jesse Livermore's strength lies in his ability to read the tape. In my opinion mastering tape reading skills can give you a tremendous edge in trading. Tape reading is pure information. This book is highly recommended for those who have a true passion in trading.


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