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Description:
The trading strategies of legends
Jesse Livermore, Bernard Baruch, Gerald Loeb, and more
provide ways to triumph in the market. Today's
bookshelves are so laden with Johnny-come-lately
experts, eager to sell their knowledge to any and all,
that it's sometimes hard for traders to know which way
to turn or whom to trust. "Lessons from the Greatest
Stock Traders of All Time" makes the choice simple,
examining the careers of five traders - Jesse Livermore,
Bernard Baruch, Gerald Loeb, Nicolas Darvas, and Bill
O'Neil - who, more than any others over the past
century, demonstrated tremendous success at conquering
Wall Street. This technique-filled book presents
numerous ways in which the timeless strategies of these
investing icons can be used to tame today's high-speed,
unforgiving marketplaces. Comparing and contrasting the
successes - and occasional failures - of these five
giants of finance, it reveals: What Jesse Livermore did
to correctly call every market break between 1917 and
1940; How Bill O'Neil stuck to basics to create his
famously effective CANSLIM system.
Over the course of a century, in every type of
economy and market, five traders wrote and perfected the
rules for successful stock trading. Lessons from the
Greatest Stock Traders of All Time examines these
amazing traders and their careers, and reveals how you
can use their remarkably similar skills, disciplines,
and trading rules to improve your performance in today's
high-risk, high-reward markets.
Look to these "Babe Ruths of Trading" to discover:
-Jesse Livermore: How early market defeats taught him
the number one rule of profitable trading Cut your
losses and move on!
-Bernard Baruch: Techniques Baruch learned from his $5 a
week Wall Street job and how they helped him build a
multimillion dollar portfolio
-Nicolas Darvas: What this "outsider" did to regularly
outmaneuver Wall Street's top pros in his spare time
-Gerald Loeb: What Loeb saw that many others missed,
allowing him to sidestep the Crash of 1929
-William O'Neil: How O'Neil expanded on the time-honored
rules of his predecessors to become a great modern-day
success story
Certain rules and techniques have always
distinguished the best traders. Discover what those
strategies are, and how to use them to power your
trading profits while dramatically cutting your losses,
in the entertaining, technique-driven, and always
fascinating Lessons from the Greatest Stock Traders
of All Time.
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