Stocks

The Wisdom of Livermore, Part 1

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Jesse Livermore is one of the most famous (and infamous) traders of all time. In his classic (written under a pen name) Reminiscences of a Stock Operator, he tells his story of how he became a successful trader. Livermore’s focus on price and human nature made him a pioneer in both technical analysis and trading psychology. In this week’s edition of Trading Simplified, Dave begins a series of videos delving into the wisdom of Livermore, drawing mostly from Reminiscences. He also fills in some background information to help you understand Mr. Livermore’s trials and tribulations. Further, as an active trader, he discusses how the information is just as timely today as it was over 100 years ago.

This video was originally broadcast on April 5, 2023. Click anywhere on the Trading Simplified logo above to watch on our dedicated show page, or at this link to watch on YouTube. You can also watch this and past episodes on the StockCharts on-demand video service StockChartsTV.com — registration is free!

New episodes of Trading Simplified air on Wednesdays at 12:00pm ET on StockCharts TV. You can view all recorded episodes of the show at this link. Go to davelandry.com/stockcharts to access the slides for this episode and more. Dave can be contacted at davelandry.com/contact for any comments and questions.