Reminiscences of a Stock Operator by Edwin Lefevre

Possibly the greatest trading book of all time. A true traders gem. Out of all the books I let people borrow, this book will never leave my library. Reminiscences of a Stock Operator is a disguised story of Jesse Livermore, the greatest stock trader of all time. Although initially published in 1923, the trading wisdom and advice is still very valuable in todays markets. The markets may change but the people will never change. Jesse Livermore was one of the earliest tape readers of our times. As a boy, Livermore spent countless hours working for the local bucket shops staring at stock prices. He was able to build his trading edge after hours of observation of the ticker board. If you have yet to read this book do yourself a favor and pick it up.

There is plenty of market insight even for a veteran trader. The book is a real financial page turner and you will explore the history of wallstreet as well as the old school market manipulation tactics. You will learn about the tape and how Jesse Livermore was able to identify support and resistance through the ticker board. This should be a mandatory reading for all traders.

"After twenty years and many re-reads, Reminiscences is still one of my all-time favorites."

-Kenneth L. Fisher, Forbes