LEGENDS OF TRADING: THE STORY OF JESSE LIVERMORE

✅ Free Training: Learn my logical trading approach from 20+ years in the markets → https://www.duomoinitiative.com/free-training/?utm_source=youtube&utm_content=HVGr68RzkY0 🔄 Build the system for better decisions, consistent results and faster progress → https://www.duomoinitiative.com/ctm/?utm_source=youtube&utm_content=HVGr68RzkY0 Jesse Livermore is named as an influence by more traders than almost anyone else, and his story contains both extremes: enormous success built on genuine skill, and repeated ruin caused by problems traders still have today. This video is the full account of his career, from the bucket shops through to the 1929 crash and everything that followed. It also covers the rules he traded by, several of which are as useful now as they were a century ago. ----------------------------------------------------- ABOUT NICHOLAS PURI: Nicholas has been obsessed with the markets since 2002. By 2012 he'd made enough trading profits to leave his career in banking to become a full-time trader. That year he co-founded an asset management company and spent 2 years with a team of traders and researchers developing what would become the Duomo Method and Market Theory. Since then, he's worked with top investment banks, hedge funds, fintech companies, and even politicians. The Duomo Initiative is here to share our discoveries with other traders. ----------------------------------------------------- ⌚️TIME STAMPS: [0:00] Why traders still cite him a century later [1:36] A boy reading the financial pages at five [2:12] Leaving home with $5 and his mother's help [2:56] Chalk boy at Paine Webber, and the notebook [4:05] Taking on the bucket shops [5:10] Banned from every shop in town [6:11] New York, and a system that stopped working [7:13] The panic of 1907 and a million dollars in a day [8:44] The cotton tip that cost him ninety percent [9:21] Bankruptcy, and 500 shares to start again [10:18] Reminiscences of a Stock Operator [11:31] Seeing 1929 coming [12:24] Losing $100 million [13:18] The final years [14:51] The rules worth keeping