🎩 Jesse Livermore: The Trading Legend Who Beat the Market… Then Lost Himself
Jesse Livermore is considered one of the greatest traders in Wall Street history, known for his uncanny ability to read the market without relying on modern indicators. Instead of using technical tools, Livermore mastered tape reading, closely monitoring price action and volume.
He used pivot points and watched for precise breakouts, avoiding early entries and believing that “price tells you everything.”
His most famous rule:
> “Cut your losses quickly… but never cut your profits.”
He made a fortune during the 1907 panic and the 1929 crash, only to lose it later due to emotional trading and abandoning his own rules.
The classic book "Reminiscences of a Stock Operator" captures his journey, and remains a must-read for anyone seeking to understand market psychology.
🔍 Livermore’s edge wasn’t in indicators — it was in discipline and patience.
---
📌 If you found this valuable, share it with someone who needs it, and give us a like so it reaches more traders.
🔍 This is information, not financial advice. Always think critically and decide for yourself.
We share facts — no hype, no sugarcoating.
If you like this kind of content, follow us.
Even a simple like can go a long way.
$WCT $HUMA #humafinance $LA #Largerange #ETHCorporateReserves #Binance #Write2Earn