Jesse Livermore

Jesse Livermore was born on July 26, 1877. He was called "The boy plunger" Because he did buy a lot of stock at one time and after it made sense to him after reading the "tape" he did sell it all off at one time... And did add a short sell to his actions... 

The book that is called "reminiscences of a stock operator" is a good read/listen, because it is a thinly disguised biography... And shows the times really has not changed too much... They just change names/technology...But how humans react is the same in boom times and crash...

Here are some quotes from Jesse Livermore...

There is only one side of the market and it is not the bull side or the bear side, but the right side. Jesse Livermore -> source

I learned early that there is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. I’ve never forgotten that. 
Jesse Livermore -> source 

If you want to discuss this post you can leave a comment or you can email me at just.residual@gmail.com I'm up to chat...  You can read about me hear  

Note: This is for educational purposes only and no information on this blog/site is a recommendation for you to BUY OR SELL any securitys on any stock exchange or a private security at anytime for any reason... Please do your own research and based your opinion on your own, I'm just showing you what maybe you should look in to and for me to take a look at my past experiences...