2010 (1)
2011 (1)
2017 (75)
2018 (60)
Before there were trading algorithms, Discord servers, and zero-commission brokers, there was Jesse Livermore—the man who famously made (and lost) millions by reading nothing but price and volume. Born in 1877, Livermore taught himself to trade in the bucket shops of Boston and later went on to short the 1929 stock market crash, pocketing over $100 million in the process.
He was bold, brilliant, and brutally honest about what it takes to survive the markets. Though his era was different, his trading rules still echo through every chart, every breakout, and every blown account today.
Here’s how you can apply Livermore’s timeless wisdom to today’s fast-moving markets:
Chasing someone else’s “hot pick” is a fast track to failure. Do your homework, build your edge, and make your own calls.
Livermore aligned himself with the trend. If the market is moving, move with it—not against it.
When your setup hits, act. Second-guessing means missed opportunities. Trust your process and go all in—strategically.
The fastest way to blow up your account? Holding onto hope. If a trade turns against you, get out and move on.
Don’t interrupt a trade that’s doing its job. Big wins need time—so don’t settle for scraps when the market offers a feast.
6. Tune Out the Noise—Watch the Price
Forget headlines and hype. Price action tells the real story. Follow the chart, not the chatter.
No clear setup? Don’t trade. Livermore waited for ideal conditions—and that’s why he survived and thrived.
He looked for key inflection points—where trends were born or died. That’s where he made his money.
You don’t need 20 trades a day—you need one great one. Wait for the trades that scream “go.”
Capital is your lifeline. Guard it. Without it, your strategy, discipline, and dreams mean nothing.