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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Are you interested in the work of Nicolas Darvas and his theory of Darvas Boxes? If you are keen to find out and have not read the book How I Made $2,000,000 in the Stock Market or Wall Street - The other Las Vagas, then you may want to check out the latest article called Darvas Boxes over at www.darvastrade.com.
The article has information on what Darvas Boxes are and what to look out for when it is possible that you could make some money from them. There is also a brief look at what goes on behind the scenes in a company that could make these Darvas Boxes appear on your stock charts.
Click here to read the article…
[tags]stocks, stock+trading, investing, nicolas+darvas, darvas+boxes[/tags]
When Jack Schwager researched and wrote Market Wizards - Interviews With Top Traders, you can only wonder whether he was aware that he was producing one of the most important books on the topic of trading.
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Trader Mike has posted his watchlist for September 26 today.
He takes a look at the chart for the Nasdaq Composite (^IXIC), some potential swing trades, some potential day trades, and follows it all up with some intraday updates.
It’s worth keeping an eye on what Trader Mike. Sometimes he post several times a day to his blog and often posts a watchlist on a daily basis.
Be sure to also read his disclaimer on how he uses his watchlists while you are there.
Martin Schwartz (aka Buzzy, aka Marty Schwartz) is a once legendary trader on Wall Street. His trading prowess has been documented in two very good books that I have read : Market Wizards : Interviews with Top Traders by Jach Schwager and Pit Bull : Lessons from Wall Street’s Champion Day Trader
an autobiography by Martin Schwartz himself (of course).
Schwartz honed his trading skills after periods of losses by formulating a strict trading plan with lots of research in the markets. By setting himself goals he has been able to achieve outstanding success as a trader.
Schwartz has certainly achieved a lot in his trading career. His trading results speak for themselves, but he also took part and won many trading contests.
However, with this success, there also came a lot of stress - resulting in sickness and emergency heart surgery rescuing him from certain death. And finaly a change in lifestyle and scenery by moving from New York to Florida.
Where to buy Martin “Buzzy” Schwartz books
If you are keen to buy Martin “Buzzy” Schwartz books, I would recommend the following websites for getting a better deal than buying at a shop:
- Ebay - You can often find a good deal on used items here, and I often pick up useful books for low prices.
- Amazon - Amazon.com allways has these books in stock and can deliver it quickly.
If you are interested in Nicolas Darvas and/or the methods he used to make two million dollars in the Stock Market, then you should definitely read How I Made $2,000,000 in the Stock Market
. It is a first hand account of how Nicolas Darvas made $2,000,000 dollars in the stock market in the space of about 2 years.
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Jack Schwager is certainly well known in trading circles. He is the managing director and principal of The Fortune Group - an asset management firm that is regulated in the UK and USA - where he is also the principal investment manager of the Market Wizard Funds.
However, what Jack Schwager is probably most well known for is his work as an author on a series of books about trading and financial markets. This is an area where he has brought together his 30+ years of experience in the field of financial investing.
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Nicolas Darvas was a world famous American dancer back in the mid 1900’s. After making a profit in some stock of a Canadian mining firm (which he bought from the proprietors of a Canadian dance venue), Darvas was hooked on chasing a quick buck in the Stock Market.
Like many before him, Darvas was convinced that having made an initial profit, he was some kind of natural born stock market speculator. However (again like many before him) Darvas took loss after loss on the Canadian stock market after buying in and out of the market on the advice of brokers and newsletters.
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Trader Mike hosts his Trading Journal at www.tradermike.net. His website is actually a Blog which he uses to journal his trading opinions and is also full of useful information about trading.
If you check out his Breaking It Down Blog Post, he provides quite a thorough explaination of what he is trying to achieve by hosting these thoughts.
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