This book is written from the first-person perspective of Larry Livingston, whose prototype is Jace Livermore. He is a legendary trader on Wall Street in the United States. He once made his personal assets reach 100 million US dollars due to short selling during the Great Depression, and became one of the richest people in the United States. He is known as the "Young Operator" and the "Wall Street Bear".
This book was compiled into a series of reports after the author Edwin Raphael conducted several weeks of interviews with Jesse Livermore, and was later edited and published as a book.
The experience of Jess Livermore is a microcosm of a great era. From this Wall Street man, we can see his talent and skillful experience in stock trading. He summarized many principles of stock trading, analyzed the psychological conditions of stock market participants and stock market trading strategies, and explored the essence of stock trading and the inner world of traders. His stock investment experience has influenced generations of stock investors. His operating experience is still a textbook for stock market investment today. He is the well-deserved "King of Speculation" in the stock market!
As Livermore said: "There is a truth that I learned very early, that is, there is nothing new on Wall Street, because people have been speculating since ancient times. No matter what happens in the stock market today, these situations have happened in the past and will happen in the future. I have never forgotten this truth. Perhaps, I really firmly remember the history of the stock market and the passage of these events, and it is these memories that allow me to convert experience into capital." Livermore's stock market trading skills and market experience are also applicable to today's stock market participants. His exquisite analysis of the market has profound reference value and inspiration for every investor.
Reader comments
His talent and experience in the stock market are amazing. The character's personality and experiences are vividly described in the book, making me feel like I could see him struggling in the vicissitudes of Wall Street. In particular, the stock trading principles he summarized are simply a guide for investors. While there are some nasty characters in the book, it's these villains that make the story more realistic. In general, this book is not only a book about stocks, but also a book about human nature and the market. It is worth reading!
His talent and experience in the stock market are amazing. The character's personality and experiences are vividly described in the book, making me feel like I could see him struggling in the vicissitudes of Wall Street. In particular, the stock trading principles he summarized are simply a guide for investors. While there are some nasty characters in the book, it's these villains that make the story more realistic. In general, this book is not only a book about stocks, but also a book about human nature and the market. It is worth reading!
Okay, not a didactic book