New Release From Trader's Press:Life and Times of Jesse Livermore: World's Greatest Stock Trader
by Richard Smitten Publisher's Price: $29.95. ISBN#: 0-934380-59-7 Traders Press Catalog #: 1524 Number of pages: 288 Publisher: Traders Press, Inc.. Available in hardcover. Date Published: 1999 pre-release book reservation, 6-8 weeks delivery E-mail a friend about this book
Description: Pre-release offer!! Reserve your copy now! Estimated shipment date forthcoming.
Secrets of Livermore's life, techniques, and principles revealed-secrets used by more of today's top traders than any other stock trading method! Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes..---Jesse Livermore
Jesse Livermore is considered by many of today's top Wall Street traders as the greatest trader who ever lived. For the first time, in one book: his trading secrets, techniques and stock market methods are revealed. Livermore broke new ground in trading the market. His timing techniques, money management systems, and high-momentum approach to trading in stocks and commodities was revolutionary, and remains valid today.
Livermore ran away from home in 1891 at 14 years of age, with five dollars in his pocket, and immediately started as a board boy in the offices of Paine Weber. He made so much money he was banned from the Bucket Shops of Boston and New York. He made a fortune in the crash of 1907, and later lost it, only to make it and lose it several more times.
In the panic of 1907, J.P. Morgan personally implored Livermore to stop selling-short, stop pounding the market into oblivion. He made 3 million dollars in one day during the panic.
He married a beautiful Ziegfield Follies showgirl. They lived in a magnificent mansion on Long Island with 14 servants and a three hundred foot yacht anchored off the back yard that ferried him to Wall Street every morning.
He sold the market short before the crash of 1929, and entered the depression with 100 million in cash.
A mysterious and secret trader he worked out of a palatial penthouse, a highly secure office-fortress on Fifth Avenue. Where he traded in absolute secrecy. Once the market was open no one in the office was allowed to interrupt him.
This book grabs you from the start, and holds the reader enthralled from cover to cover. Great book-destined to be a best seller! ---Dan Sullivan; The Chartist fund manager and Investment advisor |