TRADING PSYCHOLOGY (2)

It is often mentioned that we have to master our TRADING PSYCHOLOGY before we can become successful stock operators; meaning, we have to pay more attention to managing our emotion and patience in order to manage the greed and fear of stock trading.

Further to the last article about this book:-

REMINISCENCES OF A STOCK OPERATOR by Edwin LeFevre
to Jesse Lauriston Livermore

The author LeFevre wrote the book in person of a trader called Larry Livingston, as a nom de guerre for Jesse Livermore who was one of the greatest stock speculators ever. From 14 years old until the day Livermore died, he made a living, became multi rich, bankrupt and rich again through nothing but trading in the stock market as well as commodities. Of course the rules of trading had changed tremendously but the human nature is still the same.

For those finding difficulty to read the book in its entirety, the highlights in the excerpts from the book are as follow:

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