Jesse Livermore's Trading Mindset Pearls of Wisdom

Discussion in 'Educational Resources' started by Chuck Krug, Feb 19, 2020.

  1. kmiklas

    kmiklas

    Here's what makes me suspicious. The publicly available suicide note (quoted below) is an excerpt of an 8-page handwritten note.

    - Where is the full note? I can't find it... can anyone? This smells like some kind of cover-up.
    … Reminiscent of how the moon landing tapes were "erased/lost." (Word on the street is that a NASA employee needed tapes for a "Welcome Back, Kotter" marathon) [Ref 1]
    - This terse writing style smells like the KGB to me. Seems almost like a "canned" note... A note engineered to be simple, without room for interpretation or analysis.
    - He took a lot of money out of peoples' pockets... who were the counterparties to those trades? Perhaps they were displeased with his trading prowess...

    1. https://www.reuters.com/article/us-...-got-erased-nasa-admits-idUSTRE56F5MK20090716
     
    Last edited: Feb 20, 2020
    #21     Feb 20, 2020
  2. Pekelo

    Pekelo

    People are always harping on his suicide. The guy was 64, lived 4+ decades in luxury, married to a giant bitch/black widow. I would have blown my brain out too.
     
    #22     Feb 20, 2020
    comagnum likes this.
  3. Then why didn't "they" exact their alleged revenge when he was still a force in the markets? Why wait until he was, by all accounts, a broken man?

    As for "taking money from the counterparties of his trades," is that not how trading works? For everyone? And didn't he give just about all of it back by 1940?

    Have you been reading detective mystery novels lately? You need to put those down and step away before someone gets hurt. :D

    P.S. So the moon landing was faked? Meanwhile, you believe in a god and the bible, though, eh? Fascinating. How do you even begin to defend those ideas with your evident overlay of skepticism?
     
    Last edited: Feb 20, 2020
    #23     Feb 20, 2020
  4. 5 million dollars a 100 years ago is now worth $128,487,000 in today's term.
     
    #24     Feb 22, 2020
  5. padutrader

    padutrader

    thanks for that
    I thought he was 35
     
    #25     Feb 22, 2020