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'No, sir, nobody can make big money on what someone else tells him to do ... It took me five years to learn to play the game intelligently enough to make big money when I was right.'
Reminiscences of a Stock Operator follows the remarkable life of its protagonist Larry Livingston as he begins his career in a stock brokerage firm in Boston as a teenage quotation-board boy. Here, Livingston takes a keen interest in observing stock price movements and market trends, and over time, evolves into a highly successful trader, making and losing multiple fortunes through his daring market strategies.
Written by journalist Edwin Lefèvre and loosely based on the life of the legendary American stock trader Jesse Livermore, this book provides an insider's perspective on the high-stakes world of trading. It also offers incredible insights into market psychology, market cycles and common trading pitfalls-wisdom that remains relevant even a century later.
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Edwin Lefevre (1871 – 1943) began writing about Wall Street in 1897. During his career, he wrote eight books, worked for the New York Sun, served as financial editor of Harper’s Weekly, and wrote for the Saturday Evening Post.