Jesse Livermore’s Methods of Trading in Stocks

  • By Harrison Cole

  • December 5, 2018
  • 3:02 am BST

Jesse Livermore’s Methods of Trading in Stocks

By Jesse Livermore and Richard D Wyckoff


This book offers an interesting insight into how trading used to work back in the early 20th century. Jesse Livermore was a famed New York trader who made millions during the various stock market crashes of the 1920s. His notes and strategies have since been compiled by Richard Wyckoff to shed a modern light on some of the most successful strategies of a previous era.


There are not many books like this, which allow for such an open window into how Wall Street trading used to occur back at the start of the 20th century, and this compilation of thoughts and theories from Jesse Livermore offers an interesting range of viewpoints which may not get discussed so often anymore.

This allows for the reader to see how things have changed over time, not least how the advent of digital technology has thoroughly changed the face of trading as we know it. By dipping into how it all used to operate, the reader can find out how to prepare in the morning for effective day trading by getting all of the notes and research correct, and how to see what changes have happened in securities markets to see how some of the cycles tend to go back around.

There has been a clear trend towards looking back and seeing how traders operated in the past, with history often serving as a potent reminder of what went right and what went wrong in bygone eras, so traders can avoid making the same mistakes again.

For interesting insights into how to minimize risk from a totally different perspective, how to ensure capital keeps moving, and what stocks worked so well back then, there is plenty to learn from this book for investors and traders of all capabilities.


Paperback: 44 pages

Publisher: Martino Fine Books (5 Jun. 2014)

Language: English

ISBN-10: 1614276404

ISBN-13: 978-1614276401