“The Theory of Stock Exchange Speculation” is a book by Arthur Crump that delves into the principles and strategies of stock market speculation. It was first published in 1874 and has been reproduced from the original from the Goldsmiths’ Library of Economic Literature, Senate House Library, University of London. The book warns of the many obstacles, behavioral and otherwise, speculators face in the markets. It also explores the psychological aspects of stock market speculation.

Some years ago I came across a book, called “Crump’s Theory of Stock Speculation,” which had gone through several editions in England; and the practical wisdom expressed therein impressed me so forcibly that ever since then I formed the project of publishing an American edition.