The Wisdom of Jesse Livermore, Part 5
In this week’s edition of Trading Simplified, Dave shows his methodology in action with a recent Crypto trade where he’s “free rolling.” He also discusses how that’s the secret to longer-term trading success. He then resumes his series on the wisdom of Jesse Livermore, explaining how the earthquake news took a while to “hit” and how you should view news events. He also talks how Livermore allowed himself to get shaken out of a trade and why you should have no problem “paying up” on a position (vs. bottom fishing).
This video was originally broadcast on May 17, 2023. Click anywhere on the Trading Simplified logo above to watch on our dedicated show page, or at this link to watch on YouTube. You can also watch this and past episodes on the StockCharts on-demand video service StockChartsTV.com — registration is free!
New episodes of Trading Simplified air on Wednesdays at 12:00pm ET on StockCharts TV. You can view all recorded episodes of the show at this link. Go to davelandry.com/stockcharts to access the slides for this episode and more. Dave can be contacted at davelandry.com/contact for any comments and questions.