The Wisdom Of Jesse Livermore, Part 2 | Dave Landry (04.26)
Trading Simplified with Dave Landry • 26m
Dave shows his methodology in action by walking through the ups and downs of a recent trade and why you must follow your trading plan through thick and thin. He also introduced a new mystery chart that shows promise. He then resumed his series: The Wisdom Of Jesse Livermore. This week he discussed that Livermore had a great philosophy when it came to trading, but did not always follow it. Further, in spite of his “walk on water” status, he was a troubled individual. The takeaways included not getting angry at the market, being careful not to “transfer” knowledge, the map is not the territory, learning from your mistakes, the perils of paper trading, and the importance of being patient.
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