Reminiscences of a Stock Operator has a cult status among the books that deal with the topic of trading. It is often cited as an absolute favourite for many traders, regardless of the market they specialize in and even though it was first published in 1923, the experiences, insights and comments are still relevant even today. It is clearly a timeless work and also very entertaining. Generations of traders have drawn their inspiration from this book and once you start reading it, you will understand why.
Edwin Lefèvre, Reminiscences of a Stock Operator
It is important to know that this is not a step-by-step trading guide. Reminiscences of a Stock Operator book download is a biography of sorts written by Edwin Lefèvre and it tells the story of Jesse Livermore who was a remarkable trader. His trading methods were a bit unusual for his time and he was constantly up and down when it comes to profits. Livermore’s approach to trading was peculiar and he traded both long and short positions. His only goal was to be right and end up on the top. He was very patient and searched for a suitable trend for as long as it took.
The majority of Reminiscences of a Stock Operator free pdf describes Livermore’s life and trading adventures, but the part that seems to be of most interest to modern traders are his trading rules. Surely, this book was written a long time ago, but these rules can still be applied today. You might even view these parts of the book as a set of trading instructions that will most definitely help you elevate your trading game even in the twenty first century. All in all, Edwin Lefèvre free book is an easy and delightful read that will transport you back in time and you will see how trading worked back then and how little the things have changed.
If you are a beginner, this book will strengthen your trading foundation. You can use it together with free 30 USD from XM and start trading without investments.
Experienced traders who may be losing their interest in the market due to a losing streak or because their trading method began to look dull to them will re-discover the reasons why they started trading in the first place. Download Reminiscences of a Stock Operator Lefèvre here.