{"product":{"product_id":"0471770884","title":"Reminiscences of a Stock Operator","price":"12.99","image_url":"https://m.media-amazon.com/images/I/51MFrCV8uaL._SL500_.jpg","url":"https://www.amazon.com/dp/0471770884"},"comments":[{"body":"\u0026gt;  It’s the fact that there are people shorting the stock who will have to buy at any price\r\n\r\n This has been happening since the beginnings of the stock markets. You can [read about it](https://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lef%C3%A8vre/dp/0471770884) is books like this one published in 1923.","subreddit_name":"Enough_Sanders_Spam","author":"nordicsocialist"},{"body":"Start with a very good $18.69 investment: [Reminiscences of a Stock Operator](https://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lef%C3%A8vre/dp/0471770884)\r\n\r\nRead it. It's a very easy read, very interesting, and will save you a fortune and countless mistakes. You'll probably read it again. Then read it again. When you're in your thirties you'll look back and remember this book.","subreddit_name":"stocks","author":"soltrb7"},{"body":"This is an incredibly stupid take. Latency arbitrage has existed forever. There's literally a [famous book](https://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lef%C3%A8vre/dp/0471770884) written all about latency arbitrage as it existed in the 1920's. And it goes back way farther. I mean, this is the fundamental of all commerce -- buy something in a market where it's cheap, sell it in a market where it's expensive.\r\n\r\nThere are a lot of reasons to be criticizing citadel and co., but this just makes you guys look like fucking knuckledraggers.","subreddit_name":"Superstonk","author":"KosherNazi"},{"body":"Obligatory disclaimer I'm not a financial advisor. Largely what you do depends on your goal/timeframe to meet that goal. I'm assuming you're saying you have 30k sitting in a checking/savings account. If you're a young guy I'd say make sure you've paid off your debts and set a side some of it to learn with. Tell yourself I'm gonna set aside 1-5k to learn how the market works and be ready to lose it for educational purposes. You can start with indexes which represent a basket of individual stocks and tend to be safer for newer investors. From there you can experiment with your risk tolerance knowing you're still young and wont be financially ruined. Eventually you'll feel comfortable managing the rest of your savings. Having that mindset of spending money to learn to make money is a big difference maker. Also don't fall into pump/dump schemes like gamestop and shit— you'll lose your shirt. Read finance books too, a lot of them give really great investment insight and perspective of people who worked on wallstreet and the clients they ripped off etc. A good book to start with is called [\"Reminiscences of a stock operator.\"](https://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lef%C3%A8vre/dp/0471770884/ref=sr_1_1?dchild=1\u0026amp;keywords=reminiscences+of+a+stock+operator\u0026amp;qid=1634510612\u0026amp;sr=8-1)","subreddit_name":"casualiama","author":"Not_at_Sears"},{"body":" [Reminiscences of a Stock Operator: Edwin Lefèvre, Roger Lowenstein: 9780471770886: Amazon.com: Books](https://www.amazon.com/dp/0471770884?psc=1\u0026amp;pf_rd_p=f432e763-8872-4b0e-8b69-92927cc4af32\u0026amp;pf_rd_r=XD2VSA0KJ2FTZPKETEK3\u0026amp;pd_rd_wg=Yfr5H\u0026amp;pd_rd_i=0471770884\u0026amp;pd_rd_w=8MDQE\u0026amp;pd_rd_r=39785fcf-1afc-4c3a-9726-2d5fb22b2454\u0026amp;ref_=pd_luc_rh_ci_mcx_mr_huc_d_01_02_t_img_lh)  First read this in the 90's and reread about every ten years. The word \"classic\" is somewhat overused but it really applies to this book.","subreddit_name":"UltimateTraders","author":"GezaKende"},{"body":"you must be new here? \r\nhttps://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lefèvre/dp/0471770884/ref=pd_sim_nf_14_3/135-7766548-6773855?_encoding=UTF8\u0026amp;pd_rd_i=0471770884\u0026amp;pd_rd_r=f70ee1bc-ffa4-4f42-a843-daab0da41ffc\u0026amp;pd_rd_w=ZvrZw\u0026amp;pd_rd_wg=18g60\u0026amp;pf_rd_p=ec5f570b-7db1-4816-9bbe-a67d0b1d643f\u0026amp;pf_rd_r=7WEVDC0K9TGJTM6VA0M1\u0026amp;psc=1\u0026amp;refRID=7WEVDC0K9TGJTM6VA0M1\r\n\r\n//the players change but the game remains","subreddit_name":"ethtrader","author":"Md86"},{"body":"Jumping in, but I've heard a lot of people recommend this book and I think it is very relevant to the crypto space because it was written by a guy trading stocks in the early 1900's. The stock market back then was a lot like the crypto space today, wild west. I have the book I just haven't gotten around to reading it yet.\r\n\r\nhttps://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lef%C3%A8vre/dp/0471770884\r\n\r\n\u0026gt; \"Although Reminiscences...was first published some seventy years ago, its take on crowd psychology and market timing is a s timely as last summer's frenzy on the foreign exchange markets.\"\r\n—Worth magazine","subreddit_name":"ethtrader","author":"thetompain"},{"body":"You should REALLY read https://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lefèvre/dp/0471770884\r\n\r\nSry for the amazon link","subreddit_name":"Superstonk","author":"Viking_Undertaker"},{"body":"Reminiscences of a Stock Operator\r\n\r\nhttps://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lef%C3%A8vre/dp/0471770884","subreddit_name":"wallstreetbets","author":"MarcusVentures"},{"body":"Reminiscences of a Stock Operator https://www.amazon.com/dp/0471770884/ref=cm_sw_r_cp_api_i_4X57V4MSKB7V993GFX88","subreddit_name":"wallstreetbets","author":"_J0nSn0w"},{"body":"1) Take a break. Make sure you are 100% in the right headspace to trade.\r\n\r\n2) Sticks to shares exclusively for a while. If you went from $9k to $300 I'm guessing that's heavily due to options. You can manage risk much easier with shares.\r\n\r\n3) Establish some strict risk management rules for yourself to limit your losses going forward. Set a maximum loss for every trade (no more than 1% of account) and set a stop loss to that amount for every trade.\r\n\r\n4) If you find yourself incapable of doing any of the three steps above, consider if maybe you simply have a gambling problem and not a strategy problem. This is a hard thing for a lot of guys to admit but they are just in it for the excitement of risk.\r\n\r\n\u0026amp;#x200B;\r\n\r\nYou want to specialize in a single area at first. Pick a single timeframe, a single setup, and master that. Trying to be a jack of all trades won't work without decades of experience.\r\n\r\nFor books, here is a decent place to start. I'll hook you up with a free PDF link.\r\n\r\n[Minervini: Trade Like a Stock Market Wizard](https://notesocean.com/1066/trade-like-a-stock-market-wizard.pdf)\r\n\r\nAnd some other educational material with free torrent links:\r\n\r\n[Chat With Traders Podcast](https://chatwithtraders.com/podcast-episodes/)\r\n\r\n\\[Reminiscences of a Stock Operator\\](https://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lef%C3%A8vre/dp/0471770884) (Torrent Hash: b6c0617bfedbf689daa1e7f61795b5452d0be2d6)\r\n\r\n  \r\n\\[Market Wizards\\](https://www.amazon.com/Market-Wizards-audiobook/dp/B00BYKKJPQ) (Torrent Hash: fad862a9da04804cef78358615229a24c38d3e18)\r\n  \r\n\r\n  \r\n\\[The New Market Wizards\\](https://www.amazon.com/The-New-Market-Wizards-audiobook/dp/B01FN8IAQE/) (Torrent Hash: 2613b41e6983c9c8da6b26f06bd7001353d95fb1)\r\n  \r\n\r\n  \r\n\\[Hedge Fund Market Wizards\\](https://www.amazon.com/Hedge-Fund-Market-Wizards-Winning/dp/B08BSX77BY) (Torrent Hash: 8C7E1E4033108FB6C735806A3A118ED898FF4341)\r\n  \r\n\r\n  \r\n\\[Unknown Market Wizards\\](https://www.amazon.com/Market-Wizards-Traders-Youve-Never/dp/B08F2Y6BD6) (Torrent Hash: 6acb195ddf0351cabd96ff5d6d14b978341ea90e)\r\n\\[Chat With Traders\\](https://chatwithtraders.com/podcast-episodes/)","subreddit_name":"wallstreetbetsOGs","author":"OptionsTrader14"},{"body":"Yesterday was a margin gamma ramp banks needed to destroy. Death by 1000 slashes or death by 1000 shares maybe? Remember that GME is not the only battle they have, all the others potential squeezes with new ones showing up (mining). This will end with a large bank (BofA, etc) losing depositors money and a crash at some random time, a NFT dividend or some other random catalyst. If you were right, not short of cash etc, all the meme stock prices would be near $0, not  a new ceiling of $200 (was near $500 2021). \r\n\r\n\u0026amp;#x200B;\r\n\r\nDon't forget that we don't lose sleep over DOJ investigations and planned manipulation tactics, which are exhausting. They only have to make one catastrophic mistake, like RC or AA F'ing with them over and over, while we just wait. \r\n\r\n\u0026amp;#x200B;\r\n\r\nI would suggest reading this book, this old read (from the 1930s) but talks of this very scenario and how the market always wins eventually. None of this manipulation BS is new:\r\n\r\n[https://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lef%C3%A8vre/dp/0471770884](https://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lef%C3%A8vre/dp/0471770884)\r\n\r\nWe need to educate ourselves. Just look at what SHFs are doing as entertainment, I have been in the meme plays for 2 years now, before there were meme stocks","subreddit_name":"GME","author":"RickRant"},{"body":"# Qullamaggie Breakout Trading Method\r\n\r\n[Short YouTube Summary](https://www.youtube.com/watch?v=WswZwmr2ebU) (New)\r\n\r\n[Swing Trading School](https://www.youtube.com/watch?v=xx8GvtAxilk) \u0026lt;---- Most important! Memorize these setups.\r\n\r\n[Setups and Methodology](https://www.youtube.com/watch?v=KciAjkEFA6s)\r\n\r\n[CWT Interview #212](https://chatwithtraders.com/ep-212-kristjan-kullamagi/)\r\n\r\n# Books\r\n\r\n[Reminiscences of a Stock Operator](https://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lef%C3%A8vre/dp/0471770884) (Torrent Hash: b6c0617bfedbf689daa1e7f61795b5452d0be2d6)\r\n\r\n[Options as a Strategic Investment](https://www.amazon.com/Options-as-Strategic-Investment-Fifth/dp/0735204659/)\r\n\r\n[The Art and Science of Technical Analysis](https://www.amazon.com/Art-Science-Technical-Analysis-Strategies/dp/1118115120) ([PDF link](http://dl.rasabourse.com/Books/Technical_Analysis/%5BGrimes%5DThe%20art%20and%20science%20of%20technical%20analysis%20%20market%20structure%2C%20price%20action%2C%20and%20trading%20strategies%28rasabourse.com%29.pdf))\r\n\r\n[Market Wizards](https://www.amazon.com/Market-Wizards-audiobook/dp/B00BYKKJPQ) (Torrent Hash: fad862a9da04804cef78358615229a24c38d3e18)\r\n\r\n[The New Market Wizards](https://www.amazon.com/The-New-Market-Wizards-audiobook/dp/B01FN8IAQE/) (Torrent Hash: 2613b41e6983c9c8da6b26f06bd7001353d95fb1)\r\n\r\n[Hedge Fund Market Wizards](https://www.amazon.com/Hedge-Fund-Market-Wizards-Winning/dp/B08BSX77BY) (Torrent Hash: 8C7E1E4033108FB6C735806A3A118ED898FF4341)\r\n\r\n[Unknown Market Wizards](https://www.amazon.com/Market-Wizards-Traders-Youve-Never/dp/B08F2Y6BD6) (Torrent Hash: 6acb195ddf0351cabd96ff5d6d14b978341ea90e)\r\n\r\nWilliam O'Neil - How to Make Money in Stocks\r\n\r\nMark Minervini - How to Trade Like a Stock Market Wizard\r\n\r\nMark Minervini - Think and Trade Like a Champion\r\n\r\n# Podcasts\r\n\r\n[Chat With Traders](https://chatwithtraders.com/podcast-episodes/)","subreddit_name":"wallstreetbetsOGs","author":"OptionsTrader14"},{"body":"Don't read any of these. Instead read https://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lefèvre/dp/0471770884","subreddit_name":"StockMarket","author":"green_mailer"},{"body":"[https://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lef%C3%A8vre/dp/0471770884/ref=sr\\_1\\_1?crid=YCL0N1S9JFI0\u0026amp;dchild=1\u0026amp;keywords=reminiscences+of+a+stock+operator\u0026amp;qid=1626224901\u0026amp;sprefix=reminis%2Caps%2C193\u0026amp;sr=8-1](https://www.amazon.com/Reminiscences-Stock-Operator-Edwin-Lef%C3%A8vre/dp/0471770884/ref=sr_1_1?crid=YCL0N1S9JFI0\u0026amp;dchild=1\u0026amp;keywords=reminiscences+of+a+stock+operator\u0026amp;qid=1626224901\u0026amp;sprefix=reminis%2Caps%2C193\u0026amp;sr=8-1)","subreddit_name":"investing","author":"this_guy_fks"}]}