How to Trade in Stocks

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Overview

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

Product Details

  • ISBN-13: 9780071469791
  • Publisher: McGraw-Hill Companies, The
  • Publication date: 2/17/2006
  • Edition number: 1
  • Pages: 224
  • Sales rank: 238,959
  • Product dimensions: 6.00 (w) x 9.00 (h) x 0.64 (d)

Meet the Author

Jesse Livermore is a stock market legend who made and lost four stock market fortunes in 40 years. Livermore's revolutionary timing techniques, money management systems, and high-momentum approach to trading are as valid today as they were three-quarters of a century ago.

Richard Smitten teaches the “Jesse Livermore Trading System" and is developing "Trade Like Jesse Livermore" software. His other books include How to Trade Like Jesse Livermore and a number of novels.

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  • Anonymous

    Posted December 15, 2002

    interesting

    This book was recommended by William O'neil of Investors Business Daily.It is worthwhile reading and gives some insight on general trading rules similar to those of O'neil, which is why it was of interest to me.The title is a misnomer because it really is not a how to book.It is too general for that. It does espouse a particular theory of trading however. The portion of the book labeled Livermore secret market key is very confusing, never explained , and not very helpful. It's a mediocre attempt to take the writings of Jesse Livermore and re-market them into a how to book.

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  • Anonymous

    Posted April 18, 2009

    No text was provided for this review.

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