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Title: How to Trade in Stocks : The Livermore Formula for Combining Time Element and Price (Revised Ed) by Jesse L. Livermore, Teresa Aligood, Richard Smitten ISBN: 0-934380-69-4 Publisher: Traders Pr Pub. Date: 21 February, 2001 Format: Hardcover Volumes: 1 List Price(USD): $29.95

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Average Customer Rating: 3.69 (13 reviews)

Rating: 5
Summary: This is the best book I have ever read on trading, period!
Comment: This is the best book I have ever read on trading, period! And i have read at least 20 of them. Even though this book was written more than 50 years ago (written in 1940!), it is still quite relevant today. (Which goes to show that nothing new ever happens in the stock market) It never ceases to amaze me how much wisdom Jesse Livermore has packed into almost every page of this book. I like to re-read this book every 6 months or so; to remind myself of the simple but un-intuitive rules of trading. Buy this book, read it several times and see the difference in your trading results. No kidding.

--Olu Emuleomo

Rating: 2
Summary: Get the Real Copy of Trader Press' Old Version
Comment: Ain't nothing like the real thing baby.

Don't waste your money on the Smitten version of Livermore's treasure. The Amazing Life of Jesse Livermore is highly recommended though.

You really need to read the 1991 reprint of the 1940 original. You can find copies at half.com, etc.

To help you bring the Livermore Market Key into focus substitute "one margin" whenever you read "3 points" and "two margins" when you read "6 points" and "four margins" when you read "12 points."

The charts ought to "speak to you" when you make those substitutes. You see Jesse was working with 10% margin and always used 3 points in relation to a stock around 30 points. Reading between the lines produces the above distinction.

Rating: 1
Summary: How do you sell the same book twice?
Comment: Like many of the readers who bought this book, I was at a loss to understand why Richard Smitten would remove some of the original work written by Jesse Livermore. Now we know the reason. He just published another book apparently putting back what he took out the first time. Don't buy this particular edition or you will be disappointed.

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