Roger Lowenstein with his book " The big mistake "not written directly to a trading book - but that's why it is no less worth reading. Objectively but exciting describes the rise and fall of one of the largest mutual fund in history, "Long Term Capital Management" (LTCM). The sometimes prominent initiators of the fund - including two Nobel laureates in economics - were initially achieved impressive gains, however, made a big secret about its strategy and traded positions. This is the most prestigious investment banks on Wall Street but did not stop them to grant loans and increasing the funds regardless of the risk to let greed run wild. More ...

A truly remarkable book, which I will certainly read it again. After the first few pages it would not put it down again, because it is written in such thrilling fashion. It is the life story and career of legendary trader Jesse Livermore described, where the ascent from Kurstafelboy able to multi-millionaire who loses everything and can again shortly after celebrating his successful comeback. Easy to understand, exciting and intriguing insights, this book fascinating and trades a wide range of wisdom, one of the most colorful personalities well on Wall Street. More ...