The story of Larry Livingston....very interesting reading, it's like a trading diary.

I will certainly recomend it.

This is a must read for every trader! The principles are as relevant today as they were in the 1900's. However, I'm afraid that the novice may, without the requisite market experience, only see this book as great story telling. They will miss the often subtle and sometimes very direct wisdoms being offered. Their focus on the potential rewards may overshadow the ever present risks of the markets. The intense work ethic and mental strength necessary to be a trader may be overlooked. Of course, if one is persistent and also wealthy enough to stay in the game, these risks and traits will soon present themselves. But as the book points out, there will be some tuition for this real life education. How do I know? Because I've paid for many of these market lessons, and continue to pay whenever I forget to use what's been taught.
Some experienced traders may marvel at the times, the players and wonder if this could've ever truly existed. Because we understand the mechanics of the trades and human dynamics that accompany them, we're made to believe. The pearls of wisdom do not pass us by! On the contrary, they make us challenge and rededicate ourselves to being even better professionals.

Enjoy & Profitable Trading!

I recently purchased a used copy of Reminiscences of a Stock Operator. It was in great shape and arrived timely. I can see why so many successful stock traders recommend this book. It has timeless lessons that still work in today's market. A good and yet entertaining work and worth the read.

This book is an absolute must read for an serious trader whether you are a short term or long term trader.

Jesse Livermore was a Master trader and tape reader. There are dozens of lessons learned from this classic. I have read the book 4 times and continue to learn from it. Pages 55 - 59 alone are worth a college tuition...the lesson of how many people are right about the direction of the markets but trade themselves into oblivion and make no real money.

Bottom line...this book is a must own.

This is a great freakin book. I haven't finished yet but it is very interesting. I never want to put in down.

I have read this book and "Jesse Livermore: World's greatest Stock trader," and I can say they are not redundant or repetitive. As far as differences go, the other book gives more of an account of Livermore's life. I would say this book probably has more insightful tips for trading, while the other is more insightful to the kind of person Mr. Livermore was. This is an entertaining and insightful book, but you have to really pay attention as it is written in a novel format.

The inspirational quality of this book has been well established by other reviews. A comparable story is spun by Nicolas Darvas in "How
I made $2,000,000 in the Stock Market". While Darvas may pale in some ways in comparison to Livermore, his trading strategy evolved into
nearly identical techniques. Darvas provides a more helpful read,
however; he describes his trades, one at a time, with a specificity
lacking in the Livermore tale. While Livermore advocates buying on
resistance breakouts (thus "buying high"), Darvas illustrates how to
recognize those breakouts (provided one is willing to translate his "box
method" into chart interpretation). When Livermore coyly suggests
"selling low", Darvas explains that since one can never know how high
a stock may move, he would sell by use of a real or mental trailing stop
to sell near the top, rather than taking profits at an arbitrary point.
The Darvas system can be accused of rigidity, but at least Darvas was
a novice trader who found a strategy and applied it regularly. With
Livermore one is left wondering what the strategy really is. Darvas
serves to explain it. Both men flourished during different but powerful
bull market cycles. Livermore's journey ended shortly after the crash
of the 30s, from which he never recovered and finally committed suicide. I don't know what became the fate of Darvas. Livermore was
a trader prodigy who became a titan. Darvas was an entertainer (a dancer) and an amateur investor with time on his hands, who turned
investing as a hobby into a serious enterprise. The most important lesson they share is that it is the overall character of the market
that is more important than anything else. Both of them could stay
in cash for months, years if necessary, waiting for the right conditions
to appear. Thus, the other lesson they share is the wisdom of trading
only under the right conditions. Both learned the folly of frequent
in and out trading. Diversification was never a serious thought for
either of them. Both learned the hard way to cut losses early. Both
learned the value of not taking profits too early. Compared to most
traders both of them traded rather seldom, but invested to the hilt on margin when they did. Both books can usefully be part of any trader's library. As I write this review on Memorial Day, 2009, we are poised
for either one of the great new bull markets of a lifetime, or a correction into oblivion. Those who would choose to emulate Livermore
or Darvas will be choosing either to live by the sword or perish by it.

This simply is mandatory reading for anyone looking for a Job on Wall Street (US) or in the City (UK). Please read other reviews for more details... I just want to say after being in this business for just over ten years, this is the one book I ask all of my colleagues and employees to read. It will give you a real understanding of trading and an appreciation for markets.