The original work of Livermore was an much as enigma as the author himself. It was poorly written and almost deliberately confusing and hard to follow. This is not a surprise coming from a very secretive trader who refused to converse with people in the mornings so he would be left in pure set of mind not under undue influence of unwanted punters. The book was apparently written in 1940 at low ebb in Livermore's life he was soon to commit suicide. Livermore wrote this book to promote a stock market advisory service that he was starting, to supplement his declining income. This book attempts to explain Livermore's trading style; it also contains code of the Market key in Trade Station (EasyLanguage) and Wealth-lab wealth-script languages as well as flowchart and pseudo-code format. Download the CD-ROM (all the source code in the book and more) after the purchase for free. Instructions in the book.
Excerpt
Would you like to know the failure rate for new businesses in general?
It's really high, even in-- maybe especially in-- such can't fail businesses as restaurants and taverns. Some of it has as much as a 90% failure rate and that without any illegal shenanigans are being pulled by anybody. But, people still keep starting businesses, and some still manage to succeed in spite of all the minefields placed against them.
Nobody ever built a successful business by quitting the first time they take a few lumps.
Many traders had experiences with the markets and later after much soul searching they realize the mistakes they made prior and want to try again. Markets of course change in subtle ways.
Who is this book written for?
This book is for anyone who is fascinated with Livermore and his legend and wants to learn what made him successful.
Professional Reviews
Perfect Foundation for Building Your Own Profitable Trading System
This book and the provided software are the perfect foundation for building your own profitable trading system. As one reviewer pointed out, the author used "close prices" instead of "extreme prices" however; this is really a minor detail as it can be a parameter in the software. That way you can test and verify your results before risking real money! To me, that's an invaluable resource that far exceeds the price of this book. Overall this is a very solid book that will help you better understand The Market Key System.
Once walked, the path of the Inner Compass leaves everyone transformed. Uncover a future with unlimited leadership possibilities. Master your ego
https://www.amazon.co.uk/dp/B09ZRRPFW5/
Once walked, the path of the Inner Compass leaves everyone transformed. Uncover a future with unlimited leadership possibilities. Master your ego
https://www.amazon.co.uk/dp/B09ZRRPFW5/
