Customer Reviews

The Secret of Livermore: Analyzing the Market Key System

5 star:		(1)
4 star:		(0)
3 star:		(1)
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1 star:		(1)

 

 

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.

This book is useless to me. Mr. Jesse Lauriston Livermore instructed us to use extreme prices (either day high or day low) to fill out The Market Key forms. The author used close prises. This will make results totally different sometimes and make The Market Key very unreliable. I could tell the author spent time and some money to do the research, but it was not done right at the very beginning.

THe author instructs people to do it by computer. Jesse wanted people to do it by hand and brain diligently. That helps you make correct judgement. You don't really need a computer do it for you, if you really want to follow Mr.Jesse Livermore's way.

This is not one of the better books on Livermore.