How to Trade in Stocks by Jesse LivermoreÆs, Richard Smitten (2006, Paperback)

The book is OK. But many of the described trading technics don't work in the modern market. If you are looking for some general market concepts this book is for you.

Simply a must read for anybody daring to enter the stock market world. His points were as true then as they are now. While he made(and lost) millions, his approach was correct when used properly. The whole book is filled with 40+ years of stock mareket knowledge. Of course, most people don't make the kind of money in the stock market as he did. But he explains why and it is these mistakes that he tries to correct for the reader.

There's a reason why Jesse Livermore was one of the greats in market trading so get the book and read it carefully. He made millions calling the crash of 1907 and the crash of 1929. Do you think he would have missed the crash of 2008? I doubt it. He probably would have made hundereds of millions this year alone. There's a reason for this knowledge, and he explains it.

The one thing that sticks out for me in this book is his analysis on human emotion. He said the reason why the stock market doesn't change overtime is because people don't change. Different hands change with different stocks, but at the end of the day, human emotion by nature repeats itself constantly. So whether it is 1940 or 2020, people will always react the same when buying and selling stock. Great freaking booking man!!!