Jesse Livermore's Methods of Trading in Stocks

2014 Reprint of Articles that first appeared in the "Magazine of Wall Street" in the 1920's. Full facsimile of the original edition, not reproduced with Optical Recognition Software. Livermore was an American stock trader. He was famed for making and losing several multi-million dollar fortunes and short selling during the stock market crashes in 1907 and 1929. Apart from his success as a securities speculator, Livermore left traders a working philosophy for trading securities that emphasizes increasing the size of one's position as it goes in the right direction and cutting losses quickly. The materials published in these articles represent Livermore's collective wisdom on stock trading. Chapters include:

Preparing for the day's work

Arrangement of the trading office

How to read the tape

Commitments and limits of risk

How to keep capital turning over

Kind of stocks in which to trade

Pyramiding

And much more