Livermore's strength lies not in his powerful collective resources. He is the largest individual investor on Wall Street. He will operate independently, judge by one person and trade by one person until his death. He never needs gossip, insider or joining hands with others to sit in the village. What is more commendable is that in his works and memoirs, he generously and frankly revealed his feelings, and the reasons behind his successes and failures again and again, and he was honest with every reader. Every serious reader will be inspired by the wisdom and wise "principles" in the book-not only that, Livermore also points out what dangers are hidden in the changing market like a guiding light in the book. Livermore's operation method was continued by later generations, resulting in various schools of contemporary stock technical rules. It is no exaggeration to say that Livermore's operating system is the root of Wall Street trading technology. Therefore, both large investors and small investors, especially independent investors, can learn how to gain advantages and avoid disadvantages from their own operating concepts and techniques and correctly grasp themselves.
As far as my personal feelings are concerned, as a Chinese chive who started trading stocks before entering the university, when I first saw Memoirs of Stock Handwriting in the university library, I could say that I didn't understand it after reading the book for the first time, and I was not afraid of being embarrassed by official jokes. Later, I watched it several times in recent years, which can be said to be constant. With the deepening of my understanding of the transaction, there will still be new insights and gains, which can't help but make people feel deeply. The book's understanding of market trends, operation, analysis of human nature, description of trading ideas, and even insider information, manipulation of villages and other issues have incisive descriptions. A lot of content can still explain many phenomena and problems today, which is worth reading carefully by everyone who wants to make a difference in his trading career.