Posted on October 5, 2009 at 4:30am
I thought that it might be timely at this juncture in the equity markets to remind bull/bears of that 'leading light' and favorite of bull/bears, Jesse Livermore.
In addition to the famous "Reminiscences of a stock operator" by Edwin Lefevre, there are two very good books by Richard Smitten "Trade like Jesse Livermore" (2005) and "Jesse Livermore, The world's greatest trader" (2001).
Some of Jesse's trading principles were:
follow the line of least resistance