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Trading for a Living (4 Books in 1): Jesse Livermore, Richard Wyckoff, Trading Essentials, and Secrets of Trading Performance
Foundation for Professional Trading
The Best Trading Lessons of Jesse Livermore
The Expert Trader: 93 Trading Lessons of Richard Wyckoff
Trading Essentials: How to Cut Your Learning Curve
Secrets of Trading Performance: 10 Questions that Immediately Improve Your Trading Results
The aim of Trading for a Living is to give you a foundation in the methods, the techniques, and the thinking of professional traders. The first two books are about the trading methods of Jesse Livermore and Richard Wyckoff, two market legends. The other two books are focused on enhancing your trading performance through rapid development of psychological and technical skills. The materials put you well on your way to trading for a living, stirring you in the right directions whether you trade FOREX, stocks, or futures.
Though you could acquire these books one by one, this volume makes it easier (and less expensive) for interested traders to get the entire collection in one go and have it in one place for a handy reference and convenient reading.
Enjoy!
Tags: trading, day trading, Jesse Livermore, Richard Wyckoff, trading strategies, trading psychology, HFT.
The Best Trading Lessons of Jesse Livermore
The Expert Trader: 93 Trading Lessons of Richard Wyckoff
Trading Essentials: How to Cut Your Learning Curve
Secrets of Trading Performance: 10 Questions that Immediately Improve Your Trading Results
The aim of Trading for a Living is to give you a foundation in the methods, the techniques, and the thinking of professional traders. The first two books are about the trading methods of Jesse Livermore and Richard Wyckoff, two market legends. The other two books are focused on enhancing your trading performance through rapid development of psychological and technical skills. The materials put you well on your way to trading for a living, stirring you in the right directions whether you trade FOREX, stocks, or futures.
Though you could acquire these books one by one, this volume makes it easier (and less expensive) for interested traders to get the entire collection in one go and have it in one place for a handy reference and convenient reading.
Enjoy!
Tags: trading, day trading, Jesse Livermore, Richard Wyckoff, trading strategies, trading psychology, HFT.
254 pages, Kindle Edition
First published February 22, 2015
48 people are currently reading
40 people want to read
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Displaying 1 - 4 of 4 reviews
January 16, 2022
Trading for a Living is a pack of four different books, but of similar design:
- The Best Trading Lessons of Jesse Livermore: contains quotes from Jesse Livermore and a short translation/analysis from Frank Marshall for each
- Expert Trader: 93 Trading Lessons of Richard Wyckoff: contains quotes from Richard Wyckoff and a short translation/analysis from Frank Marshall for each
- Secrets of Trading Performance: a list of 10 principles to help you get in the mindset of a day trader
- Trading Essentials: a list of 20 principles to help you get in the mindset of a day trader
On the surface of it, you might say that this is not a book at all, just a collection of random musings from Frank Marshall. However, it does offer a direct and clear entry in the world of trading. As a complete noob in the business, I thought it was useful, if only as a browse-through and a reference book.
While I may have the utmost respect for Livermore and Wyckoff, they were trading a century ago. Their insights, even translated by a modern trader, don't mean much, although the small explaining paragraph from Marshall at the end of each is concise and useful. However, the two small booklets at the end, with the 30 principles in total, are kind of gold. And not gold in the sense of "read those and you will get rich!", but because they are honestly telling you:
- trading is HARD, because it depends on you finding an edge over everybody else (you only win because someone else loses)
- trading is discipline, because you need to fight your own urges and emotions and follow an (ever evolving) strategy
- you need to keep your own mind, body and life in balance (he even recommends meditation and therapy)
- trading is a job, which needs to be done with the mind, not the heart
most people losing big (the 90% that don't make it) usually enter trading with the wrong mindset: trying to prove something, gambling, fear, wanting to get rich fast, etc.
- trading is hard work: following the trends, interpreting the data, doing math and statistics, etc.
- you trade because you enjoy it, otherwise you won't make it
Bottom line: Frank Marshall is telling you NOT to pick up trading unless you are really into it. Even these relatively vague advice he gives is prefaced in every book by a disclaimer that you are not to follow it with the expectation that it will automatically make you win money. You need to put in a lot of work to even start making a dent and strong discipline is required to stop yourself from going in too deep and never coming back up.
- The Best Trading Lessons of Jesse Livermore: contains quotes from Jesse Livermore and a short translation/analysis from Frank Marshall for each
- Expert Trader: 93 Trading Lessons of Richard Wyckoff: contains quotes from Richard Wyckoff and a short translation/analysis from Frank Marshall for each
- Secrets of Trading Performance: a list of 10 principles to help you get in the mindset of a day trader
- Trading Essentials: a list of 20 principles to help you get in the mindset of a day trader
On the surface of it, you might say that this is not a book at all, just a collection of random musings from Frank Marshall. However, it does offer a direct and clear entry in the world of trading. As a complete noob in the business, I thought it was useful, if only as a browse-through and a reference book.
While I may have the utmost respect for Livermore and Wyckoff, they were trading a century ago. Their insights, even translated by a modern trader, don't mean much, although the small explaining paragraph from Marshall at the end of each is concise and useful. However, the two small booklets at the end, with the 30 principles in total, are kind of gold. And not gold in the sense of "read those and you will get rich!", but because they are honestly telling you:
- trading is HARD, because it depends on you finding an edge over everybody else (you only win because someone else loses)
- trading is discipline, because you need to fight your own urges and emotions and follow an (ever evolving) strategy
- you need to keep your own mind, body and life in balance (he even recommends meditation and therapy)
- trading is a job, which needs to be done with the mind, not the heart
most people losing big (the 90% that don't make it) usually enter trading with the wrong mindset: trying to prove something, gambling, fear, wanting to get rich fast, etc.
- trading is hard work: following the trends, interpreting the data, doing math and statistics, etc.
- you trade because you enjoy it, otherwise you won't make it
Bottom line: Frank Marshall is telling you NOT to pick up trading unless you are really into it. Even these relatively vague advice he gives is prefaced in every book by a disclaimer that you are not to follow it with the expectation that it will automatically make you win money. You need to put in a lot of work to even start making a dent and strong discipline is required to stop yourself from going in too deep and never coming back up.
April 22, 2022
A Little Disappointed
The book simply did not whet my appetite for the next page, was a short read, and although some good points were made primarily in a psychological sense; there were no real
specifics on actual trading.
The book simply did not whet my appetite for the next page, was a short read, and although some good points were made primarily in a psychological sense; there were no real
specifics on actual trading.
January 5, 2026
Amazing knowledge tool for traders.
February 14, 2017
gr8 work
Displaying 1 - 4 of 4 reviews