Reminiscences of a Stock Operator (Warbler Classics)

Very insightful book for all the novice traders and must have one to understand the depth of market.

One of the best books I have read . Whatever wisdom was shared by the book author simply awesome. It will definitely improve phycology of traders with Livermore's experience. I am really thankful and grateful to Edwin & Livermore for sharing wonderful knowledge & experience. Arigato 🙏

I like that the author has tried to explain what actually goes inside the market, but most of it seems like explanations for what people blamed him for. 80% of concepts are still relatable in today's stock market. At times I felt like there was no need for such long paragraphs, but overall the book changed my perspective of reading the price action

Onr thing that is clear from the book is that no one can beat the market. Its great to read about trades of such a wonderful trader and his thoughts on market. Best part was when Livingston bought annuities to protect hos family from himself i.e. his unpredictable business of speculation.

The mother of all trading books

The book was first published in 1923, just years before the great depression of 1929. The book is ancient, but it yet remains most relevant today if you want to understand how the stock market functions. It is a fictionalized biography of probably the most famous speculator of the early 1900’s. The book is adapted from a series of articles written by Edwin Lefevre. The author takes you inside the mind of Jesse Livermore from when he starts out as a kid and earns a reputation of being a “boy plunger” in the bucket shops of Chicago and New York to being a full-fledged serious minded professional stock operator. The book describes his journey, experiences and many anecdotes which have been preached and quoted in many other trading books. If you are considering a career as a trader or investor, you should pick this up right away! If read properly, it can educate you ground up of how things function in the financial markets. A few brilliant quotes from the book are:1. “Experience has proved to me that real money made in speculating has been in commitments in a stock or commodity showing a profit right from the start.”2. “After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!”3. “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”4. “It is foolhardy to make a second trade, if your first trade shows you a loss. Never average losses. Let this thought be written indelibly upon your mind.”There are so many takeaways from this, that they cannot be summarized here. This book is a reference material of trading rules and human behavior.

Great info. Great read

Livro fantástico, contando a história de alguém que soube aproveitar as oportunidades na bolsa.

Nothing ground breaking but not a bad read.

If you want to understand the proper way to approach trading securities, I would say the Jesse Livermore approach is a very good start. The writing of this book is read like a fiction story, and is easy to understand.

Für Kenner.Ich gebs zu, ich habs nicht gelesen. Die Taschenbuchversion ist voller Eselsohren und Markierungen und wird regelmässig hervorgeholt (siehe Rezensionen dort).Dieses Exemplar enthält die Originalgrafiken der ursprünglichen Zeitungsserie und gibt den Geist der Zeit auf unterhaltsame Weise wieder. Wer das Buch nicht kennt/schätzt sollte wohl (zunächst) das Taschenbuch wählen.