"Profits always take care of themselves but losses never do."
-Jesse Livermore

Jesse Livermore is considered by many to be the greatest stock trader who ever lived. He pocketed $3 million in a single day when he predicted the crash of 1907 and made $100 million as America rolled into the Depression. Although he began his career in 1892, the ideas and practices he displayed are as valid today as they were when he was first implementing them-and makingmillions.

In Trade Like Jesse Livermore, author and Livermore expert Richard Smitten explores the technical aspects of Livermore's trading success, and shows you how to use these techniques to achieve the success Livermore once did. Smitten skillfully outlines Livermore's methods of dealing with what he considered the three essentials of successful stock market trading: timing, money management, and emotional control.

Trade Like Jesse Livermore covers every aspect of Livermore's trading principles and timing techniques, from discerning market behavior and trends such as top down and tandem trading to paying close attention to indicators such as one-day reversals and spikes. This book also explores Livermore's money management strategies, including avoiding cheap stocks, establishing a profit target, and setting stops before trading.

With Trade Like Jesse Livermore as your guide, you can learn how to trade without fear or greed so you can begin to trade more profitably.

The True Life Story and Time-Tested Strategies of the World’s Greatest Trader

"Excellent read! Captures the spirit and times of Jesse Livermore, legendary trader. The book tracks two major market crashes, love affairs, the shooting of Jesse Jr. by his mother, and two family suicides. . . . Never a dull moment." –Ace Greenberg, Chairman, Bear Stearns

"Terrific. I started reading it when we took off from Seoul’s Kimbo Airport on my way to Germany. By the time we reached Novosibirsk, Russia . . . I had finished it. I just couldn’t put it down! Not only is it a great lesson in investing and trading, it’s a fascinating psychological study of what makes a great speculator tick. The rise and fall of a great speculator as well as the rise and fall of his family is great reading. The fact that it is based on interviews with Livermore’s survivors and witnesses to the events makes it even more interesting. Great writing."–Mark Mobius, Managing Director, Templeton Asset Management

"As one of the most shrewd traders of all time, Jesse Livermore demonstrated how important discipline is when trading the market. Smitten . . . covers how Livermore created his rules . . . also reviews the lessons Livermore learned along the way to develop his strategies."–William J. O’Neil, Publisher, Investor’s Business Daily

"A stock market classic! Most entertaining and informative book on the market that I have had the privilege to read in the last twenty years. A must-read for students of the stock market–great even for those who have no knowledge of the market. Grabs you from the start and holds you enthralled from cover to cover. Great book!"–Dan Sullivan, Publisher, The Chartist, Fund Manager, and Investment Advisor

"After reading Smitten’s magnificent biography, two Japanese proverbs came to mind: ‘Fortune favors the bold’ and ‘Darkness lies one inch ahead.’ Smitten shows how fortune and darkness were integral parts of Livermore’s life . . . has the intrigue of a mystery novel and the lessons of a trading master. What more can one ask for? I eagerly recommend this book to anyone interested in history, the markets, and trading psychology."–Steve Nison, author of Japanese Candlestick Charting

The first modern biography of William Robertson, a key figure of the Scottish EnlightenmentA prominent figure in the Scottish Enlightenment, William Robertson differed from his contemporaries, such as Voltaire, Hume and Gibbon, because he used the critical tools of the Enlightenment to strengthen religion, not to attack it. As an historian, he helped shape 18th-century historiography. As a minister of the Church of Scotland, he sought to make the church fit for a polite age. And, as principal of the University of Edinburgh, he presided over a flourishing of intellectual inquiry in the midst of the Enlightenment. But despite his European fame, he was a controversial figure. Drawing extensively on his unpublished correspondence, Jeffrey Smitten captures both the man and his work in his own words. By foregrounding Robertson's religious outlook, Smitten gives us a more contextualised and nuanced interpretation of Robertson's motives, intentions and beliefs than we have had before.Key Features:Includes new biographical information drawn from archival sources and from all Robertson's largely unpublished correspondenceDiscusses Robertson's works, published and unpublishedAssesses Robertson's achievement based on fresh consideration of all facets of his career as minister, historian and principal

This is the first biography to see William Robertson as both a man and an intellectual figure at the centre of the Scottish Enlightenment. William Robertson differed from his contemporaries, such as Voltaire, Hume and Gibbon, because he used the critical tools of the Enlightenment to strengthen religion, not to attack it. As an historian, he helped shape eighteenth-century historiography. As a minister of the Church of Scotland, he sought to make the church fit for a polite age. And, as principal of the University of Edinburgh, he presided over a flourishing of intellectual inquiry in the midst of the Enlightenment. But despite his European fame, he was a controversial figure.