Reminiscences of a Stock Operator is probably one of the best and well known books on the subject of financial speculation.

The book is a thinly disguised biography of the great stock trader Jesse Livermore, but also documents the time of financial speculation during the early 20th century.

Reminiscences of a Stock Operator tells how Livermore started his amazing career when he was a teenager working in one of the bucket shops that were common during this time. He had a head for numbers and noticed how stocks reacted during times of heavy buying or selling.

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If you are looking for a style of trading that is shorter term than trend following, but don’t want to devote yourself to day trading, then you may want to take a look at Swing Trading.

For the investor who practices Swing Trading, stocks (or other financial instruments) are generally held for a period of a few days to a couple of weeks.

Although Swing Trading has been around for as long as people have been trading in financial markets, it generally became popular with the decline of day trading after the dot com bubble burst. Swing Trading offered a way to free the trader from the computer screen, but still make relatively quick profits in the market.

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