Most traders don’t realize that some of the most powerful trading strategies weren’t created by modern AI or complex algorithms – they were developed by Jesse Livermore in the early 1900s. After years of applying these century-old principles, I’ve seen firsthand why they still dominate today’s markets. It’s time to abandon the noise and embrace the discipline that built trading empires.
Key insights:
- Timeless trading psychology: Learn why Livermore’s rules from the early 1900s still outperform modern bot strategies by focusing on unchanging human behavior patterns of fear, greed, and hope
- Anti-tip trading philosophy: Master why following stock tips, Reddit threads, and CNBC price targets is account suicide, and how to build your own conviction through proper analysis
- Trend following mastery: My exact method for riding market waves instead of fighting them, using Livermore’s “follow the market, don’t outsmart it” approach for consistent profits
- Precision risk management: How to cut losses quickly while letting winners run, including the legendary “kill losers fast, let winners work” strategy that preserved Livermore’s capital
This isn’t just about technical analysis – it’s about understanding the psychological discipline that allowed Livermore to profit from the 1907 panic and 1929 crash. When you master these principles that predate screeners, Discord rooms, and commission-free trading, you’ll build a foundation that withstands any market condition.
Learn why hesitation costs money, how to avoid analysis paralysis, and the exact mindset shift from “how much can I make” to “how much can I afford to lose”. These rules have survived 100 years because human behavior hasn’t changed.