75 Trading Lessons from Jesse Livermore, World's Greatest Stock Trader
The Best Trading Lessons of Jesse Livermore gathers the most crucial trading lessons of the Reminiscences of a Stock Operator in one place, extracted and labelled for convenience, with a brief discussion following each lesson.
The lessons include:
How to Trade a Trend
When to Exit a Trend
The Four Foundations of Successful Trading
Trade Probabilities
On Charting
Calling
Importance of Memory
Look for Parallel Cases
Expect Nothing New
Record Your Observations
Forget the Why
Stick to Your Plan
Don’t Trade for Excitement
Inner Game
The Right Side
Learn from Every Mistake
Make a Strong Commitment
Expect the Unexpected
Watch the Slippage
Learn What Not to Do
If It Doesn’t Act Right, Don’t Touch It
Have a Schedule
Make Use of Fundamentals
Don’t Enter on Pullbacks
On Grades of Suckers
Sit Tight
The Role of Confidence
Make a List of Don’ts
Never Take Tips
Pyramid Winners
How to Pyramid
Mind
The Thing To Do
Trader’s Evolution
On Mistakes
Do Your Own Thinking
Buy All Time Highs
Big Money
The Greatest Danger
Self-Sabotage
Sell Down to the Sleeping Point
The Average Speculator
Wait for Clarity
No Set Opinions
Buy High, Sell Higher
Trend Pyramiding Arithmetics
Can’t Tell til You Bet
Reverse Your Psychology
Can Make Money, but Cannot Beat the Market
The Amateur vs. The Professional
The Pleasure of Trading
Never Average Losers
On Tuition Fees
On Making the Market ‘Pay’
Trading State of Mind
Know Thyself
Possibilities
Experience Not Free
Moneyless Periods
Take Responsibility
Read Yourself, Not Just the Market
Save for a Rainy Day
Until It’s In Your Bank Account
Intuition
How to Think Like a Trader
Psychology Study Crucial
Easy Money
Livermore's Model Trader
Good and Cheap
Warning
Speculator’s Enemies
Conclusion - The Final Lesson
Whether you are a day trader or an investor, a new trader or one of seasoned market wizards trading stocks, futures, or forex, you will this book an invaluable reference.
