who is Jesse Livermore? (1877 to 1940)
He was once the richest man in Wall Street. In 1929, he shorted the stock market and made $100 million, about $14 billions in today's value.
what is Livermore Methodology?
This is my youtube link on Livermore Methodology
https://www.youtube.com/watch?v=VN2E_1tTBhw
Livermore was a math wizard in high school.
His dad forced him to grow potatoes so he ran away.
At age 14, he was working as
chalk boy at Bucket shop
By writing the stock prices using a white chalk on blackboards, he figured out the patterns of stock price movements were not random.
In more modern term, we can sum it up
"IQ is Pattern Recognition"
Those with IQ observed and deduced certain repeatable patterns. They act accordingly, and then are viewed as genius
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