>commits suicide anyways
But money buys happiness, am I right fellas?
The greatest trader in history Jesse Livermore started as a 14 year old chalkboard boy earning $5 a week.
- Placed his first bet at 15. Made $3.12 in 2 days.
- Full time trader at 16. No school. No mentor. Just price action and obsession
- At 24 he used 400% leverage, lost everything, and was completely broke
- Borrowed $2,000, moved cities where nobody knew him, and turned $10K into $500K within months
- Made $1 million in a SINGLE DAY during the 1907 crash
- JP Morgan personally called him and BEGGED him to stop shorting
- Bought yachts, private railcars, and mansions across America
- Lost everything. Again. Went completely broke. Again.
- Rebuilt his entire fortune. Again
- Then in 1929 he shorted the entire stock market before the biggest crash in history
- Made $100 million in one trade. That's $1.5 billion adjusted for today
- His #1 rule after 30 years of trading: "The money is made in the waiting, not the trading"
- He said his biggest losses ALWAYS came from the same thing: not following his own system
- 100 years later his book is still the #1 recommended trading book on Wall Street