Reminiscences of a Stock Operator By Edwin Lefèvre trading book review

Reminiscences of a Stock Operator By Edwin Lefèvre
This book introduces to you Jesse Livermore, the man who was the first one to start speculating in New England bucket shops. He was the man who was banned from attending this market because of the way he started earning money. What his prosecutors created was further a man who moved to Wall Street. There, he lost and regained his wealth several times. In his biography, the thing you will probably find to be the most interesting is his view about speculating, and of course, his investing methods and his opinion about the market as well.

He explains how he got his money by being persistent and not by being smart.
His biography will open your mind about thinking too much whether to buy or sell, about planning and about studying the market.
Reminiscences of a Stock Operator offers you a handful of ever relevant lessons.
This book was first published in 1923, but you will see that the very core of the investing business has not change. It contains timeless advice about the trading market.
People whom you would want to ask about which book to get in order to improve your trading skills, definitely would mention this one, and do give it a test; ask any successful trader who know a thing or two about this sort of literature, and you will see that Reminiscences of a Stock Operator is a book you should not miss to read, and read over and over again.
Not to mention benefits of getting yourself familiar with a person who also had many loses, which will enrich your view on losing. His losses are all lessons, as well as his winnings are.
The book itself is filled with amusing anecdotes from Jesse’s turbulent life and it will make you go through the book with much ease.
With the outmost interest throughout the book you will see that the market is never changing, as Jesse witnesses, whatever happened will reoccur.
All the quality of the book is also shown by the mere fact that even after almost a century after first being published, the book is still as fresh to many readers, and is still as popular as ever.
Countless number of investors testify that this book was a turning point in life, from times when they were indecisive about investing.
Jesse’s methods gave the market hard times, as in 1929, when he was generally recognized as a factor that cause the Crash. The situation for him was so complicated that he needed to hire bodyguards.
The life of a man who got broke three times only to recover and grow bigger after each fall cannot be but an encouraging book for anybody who wants to strengthen their power of will, and especially traders who will undoubtfully learn more about the market and trading