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 workArrangement of the trading officeHow to read the tapeCommitments and limits of riskHow to keep capital turning overKind of stocks in which to tradePyramiding And much more