Although he began his career in 1892, Jesse Livermore is still considered to be one of the world’s greatest traders. In life and in death, Livermore has always been a controversial figure and his methods held up as a model for traders of all generations. Through 45 years of trading and market observation, Jesse Livermore determined that stocks and stock markets move in a series of repetitive patterns. He then developed a series of unique tools, using secret formulas and equations that allowed him to identify and interpret the movement in stocks with uncanny reliability. In Trade Like Jesse Livermore, author Richard Smitten explores the technical aspects of Livermore’s trading approach and shows readers how they can use these techniques to garner the success Livermore once did. Trade Like Jesse Livermore covers every aspect of Livermore’s trading methods, from discerning market behavior and trends such as top-down and tandem trading to paying close attention to indicators such as one-day reversals and spikes. With this book as their guide, readers can learn how to trade profitably without fear or greed.
Richard Smitten (New Orleans, LA) is the author of numerous books including Jesse Livermore: World’s Greatest Stock Trader (0-471-02326-4), The Godmother, Capital Crimes, and Legal Tender.
Price: $37.08
User Reviews about Trade Like Jesse Livermore (Wiley Trading)
Explains system and psychology of one of the world's most famous traders - especially useful in today's market -- Great tool for trading the market
i have read all of richard smittens books about jesse livermore. they are all very much the same. they have identical passages in different order. the trade like jesse livermore i reckon is the best or 2nd best after how to trade in stocks - due to the flow/order. i reckon first read reminiscences of a stock operator and then one of richards smittens books. richards smittens books is also about 60% repititive to reminiscences of a stock operator which i think is okay -- its just like the books by smitten
I mean either Smitten does not get it himself or he just plain does not want you to know....
A good book on the rest and the phsychology.... -- good book but falls short on explaining the Pivot Trading
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