The another book worth reading is Jesse Livermore’s Tenants (From Reminiscences of a Stock Operator) from wich one can learn a lot and all those who do not have time to go through the book due to their busy schedule can go through the following tips which have been compiled to make people graduate to a different league of traders i.e. responsible lot of traders.

The important learnings from the book are as appended below:

• Use a system and don’t deviate from it.
• Never buy a stock because it has had a big decline from its previous high.
• Detail your plan for each trade.
• Trade markets from the short side, as well as the long.
• Accept small losses as part of the game if you want to win BIG.
• If a stock doesn’t act right don’t touch it; because, being unable to tell precisely what is wrong, you cannot tell which way it is going. No diagnosis, no prognosis. No prognosis, no profit.
• Use money management at all times.
• Do not concentrate on break-even levels when you are losing.
• Don’t liquidate a winner to keep a loser.
• Don’t argue with the tape. Do not seek to lure the profit back. Quit while the quitting is good–and cheap.
• There is only one side to the stock market; and it is not the bull side or the bear side but the right side.
• Never add to a losing position. A losing position means you were wrong.
• And Most Importantly (and the hardest to learn):
• Stocks are never too high for you to begin buying or too low to begin selling. But after the initial transaction, don’t make a second unless the first shows you a profit

 Well learning never stops and thus make it a point to definitely read a lot and learn from other people experience and make money from the market.
Click Here to Get Free Stock Market Technical Analysis Tips and Charts in Email