Ads
related to: jesse livermore trading rulespro.thetradingpub.com has been visited by 10K+ users in the past month
Search results
Results From The WOW.Com Content Network
Jesse Lauriston Livermore (July 26, 1877 – November 28, 1940) was an American stock trader. [1] He is considered a pioneer of day trading [2] and was the basis for the main character of Reminiscences of a Stock Operator, a best-selling book by Edwin Lefèvre. At one time, Livermore was one of the richest people in the world; however, at the ...
1890-1910: Livermore was able to make easy money by taking advantage of the bid–ask spread on inactive stocks with leverage of 100-to-1 at bucket shops. 1910-1920: Livermore was a stock trader on the New York Stock Exchange, where he went boom and bust several times using high leverage.
Through conversations, interviews and research of the successful traders of his time, Wyckoff augmented and documented the methodology he traded and taught. Wyckoff worked with and studied them all, himself, Jesse Livermore, E. H. Harriman, James R. Keene, Otto Kahn, J.P. Morgan, and many other American investors of the day.
For premium support please call: 800-290-4726 more ways to reach us
Jesse Livermore, one of the most successful stock market operators of all time, was primarily concerned with ticker tape reading since a young age. He followed his own (mechanical) trading system (he called it the 'market key'), which did not need charts, but was relying solely on price data.
A scene from a bucket shop in 1892. A bucket shop is a business that allows gambling based on the prices of stocks or commodities.A 1906 U.S. Supreme Court ruling defined a bucket shop as "an establishment, nominally for the transaction of a stock exchange business, or business of similar character, but really for the registration of bets, or wagers, usually for small amounts, on the rise or ...