Thursday, October 6, 2011

Jesse Livermore

http://www.jesse-livermore.com/

Time Magazine described Jesse Livermore as the most fabulous living U.S. stock trader.

His progress from office boy to Wall Street legend - his trading lessons - his triumphs and disasters - is probably the most fascinating of any of Wall Street's stories.

Even today, many stock and commodity traders owe Jesse Livermore a deep debt of gratitude for sharing his experiences in Reminiscences of a Stock Operator.

The techniques he made public have endured through many decades; his trading rules earned him millions of dollars, provided he stayed faithful to them.

Livermore also lost his entire fortune on more than one occasion, when he ignored his trading rules.

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