How To Trade In Stocks by Jesse Livermore
The Livermore Formula for Combining Time Element and Price
A classic manual on speculation that teaches a rules-based approach built around trend recognition, price-and-volume confirmation, and the use of pivotal points for timing. It stresses risk management and psychology—cut losses quickly, never average down, let profits run, add only to winning positions, and align trades with the market’s main trend and leading stocks. Framing speculation as a business, it advocates careful capital allocation, record-keeping, and patience to wait for high-probability opportunities.
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- Published
- 1940
- Nationality
- American
- Length
- Short
- Pages
- 200-250
- Original Language
- English
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