How Legendary Traders Made Millions: Profiting From the Investment Strategies of the Gretest Traders of All time

Great read!!!

This book is an excellent history book that will also teach you how to trade stocks. The book covers the stock markets actions decade by decade for the entire twentieth century up to 2006. At the same time he explains what the great stock traders who lived at that time did in the market. He covers all the bear and bull markets and what caused them. I agree with him on the traders he covers, Livermore, Baruch, Loeb, William O' Neal, Nicholas Darvas, Jack Dreyfus, and Jim Roppel. (I would include Warren Buffett and Peter Lynch since the mutual fund manager Dreyfus was included). Every trader included became a millionaire off the market. You better to study? The author recaps at the kind all the similar characteristics that made these men so successful. Here are some of the similarities they all had:1. Only trade in a bull market. Know the market trend.2. Make your own decisions do not be influenced by others.3. Learn from market history.4. By stocks that have strong fundamentals that are leaders in their industry.5. Buy more of a stock on the way up not down.6. Buy stocks at 52 week highs breaking out of correct basing patterns.7. Cut losses short let winners run.I would also study William O'Neal's books and read Investors Business Daily if you want to be a successful trader or investor. It is all you will need. I really became successful trading stocks when I started following the principles in the books written by these authors.

I read the Battle for Investment Survival, by Gerald Loeb, back in the mid-seventies. It is THE all-time classic on successful investing in stocks.This book springboards off of that type of investing philosphy and adds to it with the advice of other great traders.The last few chapters get a bit focused on O'Niel and Roppel, but I think it was because the author had more access to info about them. It stars getting a bit self-serving toward the CAN SLIM method and Investors Business Daily.All in all, it is well worth the price. I have already seen more success as a result of reading it.

So he discusses how the US market historically performed and at what times the legendary traders were involved. Little was discussed about the methods of the traders. Good book for entertainment though.

Service & book great!

Good material in good condition

Solid trading information look at this book to see a detailed back test on solid trading methods in below mentioned book.The Universal Tactics of Successful Trend Trading: Finding Opportunity in Uncertainty delivers powerful and practical advice for the serious trend trader. Using the principles identified in The Universal Principles of Successful Trading, author Brent Penfold shows curious investors how to become a long-term winner with tried-and-true trend trading methodologiesOrWould look at the undermentioned book on how to implement a stop loss to the technical analysis in this book.W. H.C. BassettiStairStops Using John Magee's Basing Points to Ratchet Stops in Trends: Using John Magee's Basing Points to Ratchet Stops in TrendsDescribes a robust and powerful method for setting rising (or falling) stops in trends. Using wave analysis similar to Dow Theory it is a virtual algorithmic, but natural, method for trend following

Misleading title. The book is basically a story and mentions not one trading or investing strategy. Also, the "mentioned in my previous book" upsells in every chapter are very annoying. Spend your money on the classics that actually have actionable strategies.

For anyone who wants to develop a historical understanding of the US stock market from 1897 to 2004, this book is of interest. Without becoming too detailed the author walks through topics that moved the stock market, trades and traders in a structured manner.The writing style is good but not excellent however, this does not merit loosing a star because the book excelles through description and ease of reading. It is also filled with outlines of trading strategies and points to further reading for a deeper understanding of these.

Great historical account of the best traders of all time. Highly recommend to anyone thinking of getting into trading or looking to better understand how the greats performed.

toiler dreston

Das Buch sollte nicht dazu verleiten, die Originale nicht zu lesen! Die sind unterhaltsam und äusserst lehrreich für denjenigen, der ernsthaft an der Börse aktiv sein will. Im grossen Stil und langfristig, nicht im Sinne von "from rag to riches in one year or less".Nachdem man die originale also gelesen hat, bietet dieses Buch einem noch mal eine bewertete Zusammenfassung, die besten Zitate und den historischen Kontext. Daher ebenfalls sehr empfehlenswert.

Save your time and read How to make Money In Stocks and if you have read that then it read it again. It'll be more worthwhile.