Richard Smitten – ‘Trade Like Jesse Livermore’
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In this book, Richard Smitten covers all feature of Livermore’s trading values and timing techniques, from discerning market behavior and trends for instance top down and tandem trading to paying close concentration to indicators such as one-day reversals and spikes. It as well explores Livermore’s money management strategies, including avoiding inexpensive stocks, establishing a profit aim, as well as setting stops before trading. The author is now considered by many to be the greatest stock trader who ever lived.
As well as, the author describes the technical aspects of his trading success, and shows you how to employ these techniques to attain the success Livermore once did. He draws Livermore’s methods of dealing with what he considered the three fundamentals of winning stock market trading: timing, money management, as well as emotional control. If you trade Like Jesse Livermore as your guide, you can gain knowledge how to trade without fear or greediness so you can start to trade more profitably.
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