1. Explanatory Rules

    EXPLANATORY RULES

    1. Record prices in Upward Trend Column in black ink.

    2. Record prices in Downward Trend column in red ink.

    3. Record prices in the other four columns in pencil.

    4. Draw lines as follows:

      • Draw red lines under your last recorded price in the Upward Trend column the first day you …

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  2. Follow the Leaders

    FOLLOW THE LEADERS

    There is always the temptation in the stock market, after a period of success, to become careless or excessively ambitious. Then it requires sound common sense and clear thinking to keep what you have. But it is not necessary to lose your money, once you have acquired …

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  3. How to trade in Stocks

    This is the text of Livermore’s book “How to trade in Stocks.” I found a very badly OCR’d version on the Interweb, and spend a few hours reading and correcting the text. It probably still has the odd typo, but it’s in a lot better shape now …

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  4. Money in the Hand

    MONEY IN THE HAND

    When you are handling surplus income do not delegate the task to anyone. whether you are dealing In millions or in thousands the same principal lesson applies. It is your money. It will remain with you just so long as you guard it. Faulty speculation is …

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  5. Preface

    PREFACE

    Even though more than a quarter-century has gone by since his death-by-suicide in 1940, .Jesse Livermore frequently comes to “live” today in conversations occurring in the board-rooms and the back-offices located along that man-made — and fascinating — canyon known as “Wall Street.”

    This is quite understandable; for of all the …

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