This thread tries to show application of basic principles of Jesse Livermore's trading method.
He was a legendary trader, lived (and ended) a life, made and lost millions when they were worth today's billions.
But one thing he never got was how to take the things.
He waited weeks before taking a position because he wanted perfect conditions according to his method of play. This helped him in trading but he never learned that in life, one never needs to wait for an opportunity, every situation no matter how good or bad, is an opportunity....................................................................... It all depends how you take it.
He was a legendary trader, lived (and ended) a life, made and lost millions when they were worth today's billions.
But one thing he never got was how to take the things.
He waited weeks before taking a position because he wanted perfect conditions according to his method of play. This helped him in trading but he never learned that in life, one never needs to wait for an opportunity, every situation no matter how good or bad, is an opportunity....................................................................... It all depends how you take it.
The Thief of Wall Street