First of all , allow me to quote below from a legendary investor ( some may call him great speculators and some may not agree with that as the way he took his own life in 1940 ) : Jesse Livermore
“ The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid , the mentally lazy, the man of inferior emotion balance or for the get-rich quick adventurer. They will die poor .”
**remark: I don’t think the "stupid" is a proper word there as the “smart” investors also fail in most of investing or speculating ( like famous case of LTCM -click ).
I have two books about Jesse Livermore , one is " How To Trade in Stocks" written shortly before his death in 1940. How to Trade Stocks offered traders their first account of his famously tight-lipped operator's trading system. Another one is ......
