Classic Livermore (Trading) Book Free Online

[Dan Mezick]

Here it is - the classic:

Reminiscence of a Stock Operator (PDF) (http://www.nqoos.com/Articles_and_Reprints/jesse_livermore.pdf)

One of the best books of all time on speculation, from a master.

[zerosum]

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One of the best books of all time on speculation, from a master.

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. . . from a master . . . who later put a bullet through his head in a public toilet after busting out yet again.

[Dan Mezick]

...how a person ends does not invalidate how he started, or his achievements in the middle of his life.

Van Gogh was a brilliant artist. He committed suicide.

Was he a total failure, unworthy of study?

No. He is acknowledged as one of the greatest artists of all time.

Vincent van Gogh short Biography (http://www.vangoghgallery.com/misc/bio.htm)

Here is another kind of artist, no less accomplished in his kind of art:

Jesse Livermore short Biography (http://www.arbtrading.com/jesselivermore.htm)

...

[DesertCat]

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Here is another kind of artist, no less accomplished in his kind of art:

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The result of great investments is great wealth, failing to achieve success in investing means you most likely shouldn't be emulated. When a speculator dies penniless, the lesson of his life is that speculation is to be avoided.

[Dan Mezick]

Perhaps the poker of Stu Ungar is not worth emulating nor playing, for these same reasons.

[Martin]

Thanks for that, the other articles on the site are also interesting.

[tek]

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One of the best books of all time on speculation, from a master.

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. . . from a master . . . who later put a bullet through his head in a public toilet after busting out yet again.

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Livermore was up and down a few million a few times. During his second time up he left a lot of money in an irrevocable trust to his wife and kids.

As to why he didn't quit during one of his up times, I don't know. Maybe he had to high of a lifestyle. But the fact that he had made so much means he knew how to trade.

[zerosum]

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As to why he didn't quit during one of his up times, I don't know.

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Perhaps he confused brains with a favorable market.