This is a MOST interesting book. Inspirational for fledgling traders like myself. Good sound advice. No magic formulas and holy grails for "winning results" and all of that other hype but just good common sense knowledge that only experience can provide. I enjoyed that he emphasizes the point that you can't know how you will react until you put your hard earned cash on the line. Paper trading is educational but your emotions don't come into play until you have real money riding on "your stock picking wisdom" or lack thereof. With all of the Technical Analysis indicators (which I pour over) it is nice to get back to basic wisdom and this book has tons of it. Highly recommended. A 'classic' for a reason.

This book is still in print because of the timeless stock market wisdom it contains. Everything happening in the stock market today has happened before and will happen again. The stories in this book prove it.

You gotta read this classic if you invest on your own. There are so many lessons to be learned from it. Add it to your library and read it!

I ordered this book 2 months ago. After weeks in shipping they sent it to a random address in a different state, and offered a refund. I got my refund and ordered it again, it's now been exactly one month and the package is still stuck somewhere in a different state, with no shipping update for a week. And now they e-mailed me asking for a review.......sure I'd love to review it, if you ever get me the product I ordered two months ago! Thumbs down.

Reminiscences of Stock Operator is a classical works that testifies that the psychological and technical aspects that moves the market has not changed even to this present day... The beauty of the fictional story based on the greatest of minds that traded in the market and made millions and lost fortunes speaks very vividly to us today from their wisdom and experience... I have found the book to be full of wisdom, education and guidance that the financial markets is not a game to be played on the hopes of getting rich for nothing...To be successful requires the greatest discipline on our ourselves..And in the game of speculation this book let us know that the financial markets owes us nothing and that we can't force our hands...

Reminiscences of Stock Operator is a classical works that testifies that the psychological and technical aspects that moves the market has not changed even to this present day... The beauty of the fictional story based on the greatest of minds that traded in the market and made millions and lost fortunes speaks very vividly to us today from their wisdom and experience... I have found the book to be full of wisdom, education and guidance that the financial markets is not a game to be played on the hopes of getting rich for nothing...To be successful requires the greatest discipline on our ourselves..And in the game of speculation this book let us know that the financial markets owes us nothing and that we can't force our hands...

As I read this book I wondered if it was written recently, as most books written in the last couple decades seem to have the same info, including the 'newly discovered' psychology of trading. Save a ton of money and buy this book first. Then you may not want any of the others. It's well written, though the author's whole intent is to prove no one can 'beat' the market, which is a little discouraging. I mean, after all, I think I will. Everyone interested in trading should read this early in their career, if not first.

As useful in the mad 1920's and 30's as it is today! Every trader should read it... at least twice. If you're into Hedge funds, Private Equity or Asset Management, you should probably read it not less than 3 times - in between the lines!

If you asked most top traders for a list of their top 5 books on trading or investment psychology, I'd think this one would feature in over 90% of them. It's definately one of the most entertaining.

This book, the thinly disguised biography of trading Jessie Livermore is a real page turner. I just couldn't put it down as I was fascinated by the tales and exploits he tells of his trading adventures from another era (although the content is every bit as relevant today). While it doesn't explain in any depth his trading mechanics (Wykoff's book does that, however, I wouldn't just pick up that book thinking I could copy his method without doing a substantial amount of research, testing and work, as did Livermore himself), it does give you insight into his trading philosophy and strategies. If you were to highlight the points relevant to trading psychology in this volume, you'd be highlighting almost every page.

If you enjoy this one, then make sure to get the other book on his life story (Jessie Livermore - The World's Greatest Trader) which is every bit as interesting - he was quite a character! (and vastly richer than I had thought from reading this book). That book outlines more of the personal side of his life than this one which is more focused on his trading advenutres. He certainly had a fascinating life, the kind of life most of us who begin trading hope it will provide. It's kind of sad that he died broke and alone, as I guess happens with many geniuses and artists.

Highly recommended. All the best with your trading.

If you believe Market Analysis,you ought to choose Jesse Livermore.If you believe Company Analysis,you ought to choose Warren Buffett.If you believe Country Analysis,you ought to choose Jim Rogers.Good lucky!

Picture this; it's the early 1900's, the dawn of the Roaring 20's. Gatsby like characters abound and are romanticized in the Saturday Evening Post, Horatio Alger rags to riches stories are all the rave. Along comes Jesse Livermore, a ballsy, throw caution to the wind and risk it all by leveraging it up to the hilt and letting it ride type of guy. It's a time when the market is on fire and behaves something like the late 90's but the regulators are nowhere to be seen. Charles Ponzi takes Boston by storm with his promises of 50% in 45 days with his Ponzi Notes and creates an all out frenzy engulfing what seems like half of the City.

I read this book in 1990 when I first entered the securities business, and promptly bough 10 copies to give to friends. Over the years I have either given as a gift or recommended this book to everyone entering the business (Wall St. and the investing business in general).

In this edition the illustrations from the 1920's Post are worth every penny, however the market insight is invaluable. Just think about what you can learn from a guy that was day trading and scalping eights 70 years before it was in vogue!

I enjoyed the ride of the market throughout the 90's as a Wall Street broker and then moved on to real estate in 2001. I would recommend this book to anyone just starting out on Wall Street and for those that are Street veterans and have not read it yet, shame on you.

By Kevin Kingston, author of: A 20,000% Gain in Real Estate: A True Story About the Ups and Downs From Wall Street to Real Estate Leading to Phenomenal Returns

Blog: bloglines.com/blog/KevinKingston