Jesse Livermore 25 Trading Lessons

Jesse Livermore was born in 1877 and he is probably considered one of the most famous trader in history. He started trading at the age of 14 from bucket shops (an unauthorized office for speculating in stocks or currency using the funds of unwitting investors). His tape reading skill was so good that these bucket shops eventually didn’t want to do business with him. Jesse Livermore led a life of brilliance and excess, surrounded by … Continue reading

Jesse Livermore 21 Trading Rules

A trading philosophy is something that cannot just be transferred from one person to another; it’s something that you have to acquire yourself through time and effort. Richard Driehaus My sense of insecurity keeps me alert, always ready to correct my errors. George Soros To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate. Jesse Livermore Introduction In 1929 Jesse Livermore’s fortunes were … Continue reading

The 10 Golden Rules of Trading by Paul King

There are a million ways to make money in the markets. The irony is that they are all very difficult to find. Jack D. Schwager I think investment psychology is by far the more important element, followed by risk control, with the least important consideration being the question of where you buy and sell. Tom Basso The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can … Continue reading

Daimon Blog Strategy

GENIAL BLOG means “Weblog creativity, online diary for special people”. Once I found this possibility to use Twitter and Facebook and my blog to connect to my readers, I’m going to use it, to connect to them and to share thoughts that I cannot use in the book. Paulo Coelho Put your blog out into the world and hope that your talent will speak for itself. Diablo Cody Our first goal is to create and … Continue reading