Who Was Jesse Livermore (1877 - 1940)
Jesse Livermore was a self-taught trader who became one of the most legendary figures in the history of finance. He began his career as a "chalk boy" for a local brokerage firm in Boston, where he learned the basics of stock trading. He later began trading on his own, using borrowed money, and quickly made a fortune through his savvy market predictions. Livermore was known for his unique trading strategies, which combined technical analysis with an understanding of human psychology. He correctly predicted several major market movements, including the stock market crash of 1929. Despite several financial and personal setbacks, Livermore continued to trade until his death in 1940. Today, he is remembered as a trailblazer in the world of finance, whose influence can still be felt in the strategies of modern traders and investors.
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