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 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

Technical Approach to Trading

As Freud mapped the human psyche, so have Edwards and Magee mapped the human mind and emotions as expressed in the financial markets. Not only did they produce a definitive map, they also produced a methodology for interpreting and profiting from the behavior of men and markets. Few human activities have been so exhaustively studied during the past century, from so many angles and by so many different sorts of people, as has the buying … Continue reading

Daimon traders mission

The 3 C’s of life: choices, chances and changes. You must make a choice to take a chance or your life will never change. Carl William Brown Whatever you do, you should know a bit of finance and trading basics! Carl William Brown Trading and Life Philosophy. Taking small losses is part of the game. Taking large losses can take you out of the game. Doug Kass It’s an extremely good thing that money sometimes … Continue reading