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

50 Great quotes about trading

Life is either a daring adventure or nothing. Helen Keller First of all you must keep well in mind that a complete trading system covers each of the decisions required for successful trading, that is: Markets – What to buy or sell Position Sizing – How much to buy or sell Entries – When to buy or sell Stops – When to get out of a losing position Exits – When to get out of … Continue reading