A lot of struggles and triumphs since 1999.

I’ll reveal my full story later; probably at the end of this year.

I’m active on the Twitter, for now. Please follow me.

However, I didn’t expect that it’s so time consuming to maintain a twitter handle.

It’s still distracting me too much…

Joseph F. from RestartedTrader

Reminiscences of a Stock Operator by Edwin Lefèvre is the first-person narrative of a fictional speculator named Larry Livingston, whose life events happen to match precisely those of Jesse Livermore.

I love that book so much, that I used to use a pseudonym Larry few times in the past.

We can take a look at a few famous quotes from that book:

Well, I wasn’t that lazy, but I found it easier to think of individual stocks than of the general market and therefore of individual fluctuations rather than of general movements. I had to change and I did. People don’t seem to grasp easily the fundamentals of stock trading. I have often said that to buy on a rising market is the most comfortable way of buying stocks. Now, the point is not so much to buy as cheap as possible or go short at top prices, but to buy or sell at the right time. When I am bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don’t buy long stock on a scale down, I buy on a scale up.

Reminiscences of a Stock Operator by Edwin Lefèvre

You have to use your brains and your vision to do this; otherwise my advice would be as idiotic as to tell you to buy cheap and sell dear. One of the most helpful things that anybody can learn is to give up trying to catch the last eighth or the first. These two are the most expensive eighths in the world. They have cost stock traders, in the aggregate, enough millions of dollars to build a concrete highway across the continent.

Reminiscences of a Stock Operator by Edwin Lefèvre

It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!

Reminiscences of a Stock Operator by Edwin Lefèvre

Another lesson I learned early is that there is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market to-day has happened before and will happen again. I’ve never forgotten that. I suppose I really manage to remember when and how it happened.

Reminiscences of a Stock Operator by Edwin Lefèvre

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