best trading book or course?, page-14

  1. 652 Posts.
    If you put the title in Google along with pdf

    You definitely find free e-book downloads..

    not sure though what the copy right is on this one..

    As to the book ?

    Said to be Jesse Livermore

    The guy did commit suicide...And was broke

    And He seemed to be fond of saying..

    As soon as something didn't work
    He Knew he should not have done it..

    (though He did seem to go broke more than once )

    He was a big plunger....who had success

    Do We hear of the Big plungers Who did not ??


    Like the reckless Generals who were lucky
    against those that just lost...

    Ok it is worth a read

    The one often quoted bit of wisdom
    came from a character called Patridge

    "Well, You know it's a bull market"

    which sums up the entire trading wisdom of the book..

    Be in harmony with the trend...( and that would take many books to delineate all that could mean )..
    ( notice the word harmony NOT unison )

    One thing the guys operating in those times
    worked with was the tape
    they saw price volume and activity..

    They focused on supply and demand

    They did not have a 1001 indicators optimised to irrelevance..to distance them from what was essential

    On balance maybe it is a good book...

    He certainly was respected by other practitioners of the day..

    certainly by Richard D Wyckoff.. Who I think was The fellow Who did articulate.. A method based on
    supply and demand and studied Livermore and others

    So definitely look for info on Him...


    motorway
 
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