» » How to Trade in Stocks : The Livermore Formula for Combining Time Element and Price (Revised Ed)

Download How to Trade in Stocks : The Livermore Formula for Combining Time Element and Price (Revised Ed) fb2

by Richard Smitten,Teresa Aligood,Jesse L. Livermore

Download How to Trade in Stocks : The Livermore Formula for Combining Time Element and Price (Revised Ed) fb2
Author: Richard Smitten,Teresa Aligood,Jesse L. Livermore
ISBN: 0934380694
Language: English
Publisher: Traders Press; Revised edition (February 21, 2001)
Rating: 4.1
Formats: txt doc rtf lrf
FB2 size: 1385 kb | EPUB size: 1936 kb | DJVU size: 1672 kb
Sub: Other

However, Smitten does happen to put together a fantastic tribute to such an. .Most traders and investors that stumble upon Jesse Livermore read his book " Reminiscences of a Stock Trader".

However, Smitten does happen to put together a fantastic tribute to such an incredible figure (With the obvious exception of the promotion noted above). The anecdotes about Livermore's family life were useful and engaging for someone who appreciates history and learning about the man behind the legend Most traders and investors that stumble upon Jesse Livermore read his book " Reminiscences of a Stock Trader".

However, Smitten does happen to put together a fantastic tribute to such an.

You are browsing: All How to Trade in Stocks: The . All delivery times quoted are the average, and cannot be guaranteed. These should be added to the availability message time, to determine when the goods will arrive

You are browsing: All How to Trade in Stocks: The Livermore Formula for Combining Time Element and Price. Foyalty 90. How to Trade in Stocks: The Livermore Formula for Combining Time Element and Price (Hardback). These should be added to the availability message time, to determine when the goods will arrive. During checkout we will give you a cumulative estimated date for delivery. Each additional book. Average Delivery Time. UK Standard Delivery.

The Livermore Formula for Combining Time Element and Price.

HOW TO TRADE IN STOCKS The Livermore Formula for Combining Time Element and Price. Duell, sloan & pearce new york. All rights reserved, including the right to reproduce this book or portions thereof in any form. printed in the united states of america by guinn boden company, inc., rahway.

Jesse Livermore was a loner, an individualist-and the most successful stock trader who ever lived. Introductions: THE career of Jesse L. Livermore is a bright patch in the pattern of speculation. He has been in the public eye as a stock-market factor almost continuously since as a youth l1e flashed like a comet across the speculative skies and became known as the millionaire Boy Plunger

Jesse Livermore was a loner, an individualist-and the most successful stock trader who ever lived. 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.

I loved this book! Jesse Livermore is a stock trading legen, and learning how he invested and traded in stocks is worth millions! . I enjoyed reading this simple book about the trading methods of Jesse Livermore, written by one of the most famous traders Jesse Livermore

I enjoyed reading this simple book about the trading methods of Jesse Livermore, written by one of the most famous traders Jesse Livermore. To be sure, I never heard of him before either except for the books I have been reading often referenced his "famous book". Jesse was a trader in the Turn of the Century and up into the '40s, and so you know, trading in the 1929 Crash he walked away with 100 million in cash, 1929 dollars!

Jesse Livermore wrote one book: How to Trade in Stocks: The Livermore Formula for Combining Time, Element and Price. It was published in 1940. The book is very rare and not easily found. Some excerpts from the original version are below: Trust Yourself.

Jesse Livermore wrote one book: How to Trade in Stocks: The Livermore Formula for Combining Time, Element and Price. When you are handling surplus income to do not delegate the task to anyone. Whether you are dealing in millions or in thousands the same principal lesson applies. It will remain with you just so long as you guard it.

2001) The Livermore Formula for Combining Time Element and Price A non fiction book by Richard Smitten. This book sets forth the specific trading techniques and methods used by Livermore. Table of Contents The Challenge of Speculation When Does a Stock Act Right?

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

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.

This new edition contains the highly sought after Livermore Market Key! One of America's most colorful and flamboyant speculators, was a man who made---and lost---four multimillion dollar fortunes; Jesse Livermore. According to some, he was to blame for the 1929 Crash and for precipitating every market break from 1917 to 1940. This book is Livermore's legacy to the speculator for all time, in which he states his philosophy of trading and lays down the list of rules that are necessary to win at the speculative process. This valuable book, by a Wall Street giant, is a collector's item. This book sets forth the specific trading techniques and methods used by Livermore. It has been out of print for many years and generally unavailable to the trading public. Table of Contents The Challenge of Speculation When Does a Stock Act Right? Follow the Leaders Money in the Hand The Pivotal Point The Million Dollar Blunder The Livermore Market Key Explanatory Rules Charts and Explanations for the Livermore Market Key
Comments (7)
Huston
I have to strongly disagree with the 1 star reviews on this book. Despite reading all the negative reviews based on Smitten's shameless self promotion of his website, I bought the book anyway and am quite glad I did.

While I do agree 100% that Smitten's offering of some nonsensical JL stock trading computer program is an insult to the late and great Livermore himself, the promotion of this system is limited to maybe 3 pages total, in the entire book. WHO CARES. Yes the author is a fool to think that anyone with half a brain would buy into that crap, especially when it stands for a concept that JL spent his life decrying - not doing the work yourself and essentially living on a form of "tips".

However, Smitten does happen to put together a fantastic tribute to such an incredible figure (With the obvious exception of the promotion noted above). The anecdotes about Livermore's family life were useful and engaging for someone who appreciates history and learning about the man behind the legend. The deck of photos included in the book were such a treat! Pictures were annotated and made the book come to life.

When you buy this book, you are getting the original "How to Trade in Stocks" by JL, as well as commentary by the author, and a limited bio of JL. Of course a serious collector has read, or should absolutely read the following about JL:

Reminiscences of a Stock Operator: With New Commentary and Insights on the Life and Times of Jesse Livermore (Annotated Edition) (I read original and bought this to read and to add to my collection. I skimmed commentary and that alone makes it worth price of book)
Jesse Livermore - Boy Plunger: The Man Who Sold America Short in 1929 (Bought, skimmed through and this is another must have for a collector, I will review in full after I get through it)
Jesse Livermore's Methods of Trading in Stocks (Read this several times and it is an excellent summary of JL's trading methodology, get the audiobook too, very very cheap!)
Jesse Livermore: World's Greatest Stock Trader (I include this because I just bought it as it is recognized as being the most complete bio of JL. A must if you are a collector, but this is not so much of an investing book, it is more of a historical examination of JL's life, which is certainly appealing to me)

In closing, a summary of positives and negatives about the book:

Pros:
-An intact version of the original "How To Trade in Stocks" by JL including his "Market Key" stock tracking system, reproduced in color in back of book
-Pictures of JL and family in middle of book
-Anecdotes of JL's life surrounding trading methodology to further demonstrate, illustrate and support different aspects of said methodology
-Commentary on methodology which served to reinforce points, produce up to date applications and examples, and support learning points through repetition.

Cons:
-Advertisement for some ridiculous stock trading software subscription, which is indeed an insult to the memory of JL and everything he stood for.

The author made a grave error in attempting to profit off the reputation of JL through a trading system. Shame on him for that. However, his contribution to the memory and methodology of JL in this book as well as his well regarded bio of JL certainly make up for his absurd slip up with the subscription software...

Highly recommended as an investing book AND collectors item, especially at such a good price.
SadLendy
The first section of this book is a timeless classic and would merit five stars on it's own merit. I found it very disappointing that the author chose to use the remainder of the book to unabashedly promote his monthly subscription software. Jesse Livermoore and his methods, along with his market wisdom, can be studied in "Reminiscences of a Stock Operator". I would suggest that Mr. Smitten write his own book, based on any value that he feels he has to offer his reader. Piggy-backing on a legend is in very bad taste!
Doukree
As a few other readers have mentioned, this book is deceptively brilliant. It appears to be a small and simple trading book, but the quotes and trading strategies included from Livermore are amazing. I read it every six months and always learn something new. Livermore, as it turns out, is not a great writer, but his biographer, Richard Smitten, did an excellent job of including details and quotes of the ways Livermore traded. Livermore never revealed his secret trading methods (few understood his "market key" included in the back of the book), but he left a lot of hints. This book provides more clues of how to trade successfully if you are willing to take the time to study, and most people won't. As for me, I learned more from this book than even Reminisces of a Stock Operator. I developed my trading strategies based on what I learned from Livermore. Bottom line: This book is one of the best, and few traders will ever realize it.
Gnng
Though Jesse Livermore died in 1940, his stock trading advice is still relevant. Follow the lessons he learned from his decades of trading stocks through the recession of 1907 and the depression of 1929, as well as, insights learned from his study of human psychology.
Haracetys
This book contains the actual book published by the legendary trader Jesse Livermore. Whom many consider the greatest stock trader ever. He made $3 million in one day in 1907 and over $100 million during the 1929 crash when everyone else was wiped out. I have learned a tremendous amount about stock trading from studying this man. I have made about $10,000 in my accounts through following his principles. At the end of this book it contains the Livermore Market Key and show the actual charts Livermore used to trade stocks by putting prices in different columns and designating each days movement as a down trend or uptrend, it is different than anything else I have ever seen. I highly recommend buying this book, here are some of the key principles you will learn:

Do not buy your whole position at one time. If you want to buy 1000 shares buy 200-200-200 then 400. Only buy if the stock price goes up.

Do not try to predict the market. let the market tell you what to do by its volume and trend.

Follow the path of least resistance. Don't fight the tape.

Buy into strength, not weakness. Bargains are bargains for a reason.

Buy the leaders in the best performing industry.

There is nothing new in Wall Street what has happened before will happen again. It is up to you to learn the pattern.
Gna
The book is a great classic filled with insights that will help your trading. It is not a book on economics, hot tips, or magic techniques. But, more importantly, it will help you understand and improve your own decision making. I highly recommend it.

One note however; the publisher restricts you to four copies. I have a couple of computers, an iPad and phone. So, when some of them were retired for newer versions I exceeded that limit and wasn't able to get it on my current working machine. I like the book and I finally was able to buy another license, but think it was pretty tacky of the publisher. This purchase was the additional purchase so that I could get the book I bought previously back on my current machine.