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

The true words of Jesse Livermore

True words and thoughts by Jesse Livermore on Trading

Introduction In 1929 Jesse Livermore’s fortunes were at their zenith. He had made a profit of $100 million dollars shorting the markets during the great crash. Yet, by 1934, he was bankrupt. In just five short years one of the greatest stock-traders the world has known lost his entire $100 million fortune. We cannot blame this on the inadequacy of his trading rules – they were fully formulated by then. We must conclude that he … Continue reading

50 Famous Quotes by Jesse Livermore

Jesse Livermore was one of the greatest traders who ever lived. Jesse Lauriston Livermore was born on July 26, 1877, and started his trading career at the age of 14 as a “chalk boy”, posting quotes for stocks at a brokerage in Boston. It was in this job that he learned to trade, and over his long career he traded both up and down markets including the panic of 1907 and the 1929 stock market … Continue reading