T2W Trading Community

Must Read
9/10
Contrary to other readings, this book accentuates what it should not be done in trading. Very enjoyable and entertaining to read.

Essential reading
10/10
Yes he blew his head off in the Sherry Netherland Hotel where he was having an affair with the hat check girl. His last words were supposed to have been "my life has been a waste of time". I still think it was the best trading book in existence until Jack Schwager came along - you'll still see a copy in every major dealing room for newbie education and I don't know a successful trader who hasn't read it. His life was a cautionary tale about getting emotionally involved with the outcome of one's trading.

1 of 9 members found the following review helpful:

Failure as a human being
5/10
Its quite a while since I read this book & from memory did not Jesse Livermore blow his brains out in the end because he could not handle being wrong? I dont think that anyone is sucsessful despite their apparent successes if they fail to live with their successes & failures. Having experienced the darkest of depression personally brought on by ambition & driveness & having considered suicide & pulled back from it & having friends who have died prematurely for various reasons including suicide & seeing the mess left behind I just cannot agree that a book about a trader who killed himself can be classed a great trading book apart from being an example of what we can becme if we're not careful. Surely books about Soros despite his huge ego - probably as large as Kissingers, are far more useful as guides to us live traders

My thoughts entirely

Gabriel Lavelle

1 of 1 members found the following review helpful:

The Best Trading Book, Ever
10/10
My all time favourite book which I read at least once a year. Easy and fun read, but filled with timeless insights into trading, psychology and the nature of the markets.

2 of 2 members found the following review helpful:

livermore
8/10
from a trading perspective , I expected more from this highly recommended book.

but what was interesting was that he was using essentially what were SB shops of the time .

so that has direct relevence to us .

when you think of all the dirty tricks he had to go up against and still he triumphed , it was amazing.

he was a guy just like us, not a bank trader , not a fund manager of any sort , an ordinary bloke who faced huge barriers to trade .

remember those spreads he had to negotiate ? makes the SBs look razor thin.

enjoyable.