He did so well that all of the buckets shops in Boston banned him
Posted: Sun Jan 19, 2025 4:41 am
He did so well that all of the buckets shops in Boston banned him. That's why in his twenties, he moved to New York where he continued his speculative trading as an individual. He was speculating in trading of stocks and commodities, and over a period of forty years, he developed a real talent for it. He was hugely successful, although he did suffer significant losses at various points.
However, despite losses he never gave up and continued his career as a trader up until his tragic death at the age of 63. Many traders inspire themselves by following Livermore's investment philosophy and principles. His zimbabwe business email list strategy was gleaned exclusively from the bets that he made and his reactions to the results, some of which were successful and others which were not. Throughout his career as a trader, Livermore began formulating principles by which he made his investment decisions, and due to their accuracy, they remain popular among investors up to date.
If you'd think about it, these principles are very straightforward, and perhaps it is their simplicity that makes them so unique. First of all, Livermore emphasised the importance of looking at a market as a whole, rather than individual stocks. He noted that greater success comes from determining the direction of the overall market rather than attempting to pick the course of a single stock. Another fundamental principle that Livermore always had in place was an exit strategy.
However, despite losses he never gave up and continued his career as a trader up until his tragic death at the age of 63. Many traders inspire themselves by following Livermore's investment philosophy and principles. His zimbabwe business email list strategy was gleaned exclusively from the bets that he made and his reactions to the results, some of which were successful and others which were not. Throughout his career as a trader, Livermore began formulating principles by which he made his investment decisions, and due to their accuracy, they remain popular among investors up to date.
If you'd think about it, these principles are very straightforward, and perhaps it is their simplicity that makes them so unique. First of all, Livermore emphasised the importance of looking at a market as a whole, rather than individual stocks. He noted that greater success comes from determining the direction of the overall market rather than attempting to pick the course of a single stock. Another fundamental principle that Livermore always had in place was an exit strategy.