Investing has not changed in 100 years

Having just completed my bi-annual reading of "Reminiscences of a Stock Operator" by Edwin Lefevre it struck me that the market corrects and rallies the same as it did in 1900. Why is that? Human emotion cannot change the way the market reacts. After all the computer technology, the SEC regulations, the global economy, you cannot pin-point any one event that has made the stock market any more different today than it was 70 years ago.

It is because of that that I highly recommend reading anything you can get your hands on from some of the greatest traders of all time: Jesse Livermore (My Favorite of all time), Bernard Baruch, Nicholas Darvas, Bill O'Neil, and Stan Weinstein. Between these traders their strategies are 20-80 years old and I put much more weight into what they say then what Jim Cramer spouts off in Mad Money. Take a look at some of the key points they talk about and apply them to your trading strategy. You will be surprised how valuable their information will be your trading skills.