{"product_id":"how-to-trade-in-stocks","title":"How to Trade In Stocks by Jesse Livermore","description":"\u003ch2\u003eHow to Trade In Stocks by Jesse Livermore\u003c\/h2\u003e\n\u003cp data-path-to-node=\"0\"\u003e\u003cb data-path-to-node=\"0\" data-index-in-node=\"0\"\u003e\"How to Trade in Stocks\"\u003c\/b\u003e—originally published by \u003cb data-path-to-node=\"0\" data-index-in-node=\"49\"\u003eDuell, Sloan and Pearce\u003c\/b\u003e in \u003cb data-path-to-node=\"0\" data-index-in-node=\"76\"\u003e1940\u003c\/b\u003e—is the ultimate direct legacy of \u003cb data-path-to-node=\"0\" data-index-in-node=\"114\"\u003eJesse Livermore\u003c\/b\u003e, widely regarded as one of the most brilliant and iconic speculative traders in financial history.\u003c\/p\u003e\n\u003cp data-path-to-node=\"1\"\u003eWhile Edwin Lefèvre’s classic book \u003ci data-path-to-node=\"1\" data-index-in-node=\"35\"\u003eReminiscences of a Stock Operator\u003c\/i\u003e tells Livermore's life story in a fictionalized format, \u003ci data-path-to-node=\"1\" data-index-in-node=\"125\"\u003eHow to Trade in Stocks\u003c\/i\u003e is the only book written directly by Livermore himself. Penned just months before his tragic death, the volume serves as a profound, unfiltered distillation of his raw trading formulas, psychological struggles, and capital-management rules. It is the foundational text that popularized \u003cb data-path-to-node=\"1\" data-index-in-node=\"434\"\u003etrend-following, price action, and modern risk management\u003c\/b\u003e, establishing principles that remain holy writ on Wall Street today.\u003c\/p\u003e\n\u003ch2 data-path-to-node=\"14\"\u003e\u003cb data-path-to-node=\"14\" data-index-in-node=\"0\"\u003eThe Pillars of Speculative Mastery\u003c\/b\u003e\u003c\/h2\u003e\n\u003cp data-path-to-node=\"15\"\u003eThroughout the text, Livermore lays down definitive axioms designed to keep a speculator alive through volatile market regimes:\u003c\/p\u003e\n\u003ch3 data-path-to-node=\"16\"\u003e\u003cb data-path-to-node=\"16\" data-index-in-node=\"0\"\u003e1. The Danger of \"Averaging Down\"\u003c\/b\u003e\u003c\/h3\u003e\n\u003cp data-path-to-node=\"17\"\u003eOne of Livermore's most fierce warnings is targeted at investors who add more money to a losing position. If you buy a stock at $100 and it drops to $90, human ego tells you it is a \"better deal.\" Livermore exposes this as a fatal psychological trap. If a stock drops below your entry, it is physical proof that your speculative thesis is currently incorrect. Adding capital to a bad trade is simply throwing good money after bad.\u003c\/p\u003e\n\u003ch3 data-path-to-node=\"18\"\u003e\u003cb data-path-to-node=\"18\" data-index-in-node=\"0\"\u003e2. The Art of Sitting Tight\u003c\/b\u003e\u003c\/h3\u003e\n\u003cp data-path-to-node=\"19\"\u003eLivermore famously noted that his massive wealth did not come from his active buying or selling; it came entirely from his \u003cb data-path-to-node=\"19\" data-index-in-node=\"123\"\u003esitting tight\u003c\/b\u003e. Once a speculator has identified a major macro-trend and entered at a clean Pivotal Point, they must resist the compulsive urge to take a fast, tiny profit out of fear. You must have the courage to sit completely still and let the trend fully mature as long as the broader market remains healthy.\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003eLanguage: English.\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003eGenre: Economics.\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong style=\"font-size: 0.875rem;\"\u003eBinding: সেলাই করা বাইন্ডিং\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003eQuality: Premium Quality Books.\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003ePrinting: High Quality Printing.\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003ePaper: Eye Friendly paper (Cream White)\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003eCover: Matt cover (Paperback).\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Royal Books BD","offers":[{"title":"Default Title","offer_id":47282104271033,"sku":null,"price":250.0,"currency_code":"BDT","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0780\/0874\/6169\/files\/How_to_Trade_In_Stocks.jpg?v=1779546903","url":"https:\/\/royalbooksbd.com\/products\/how-to-trade-in-stocks","provider":"Royal Books BD","version":"1.0","type":"link"}