Jesse Livermore: The Art of Stock Speculation

This course examines the trading methods and market philosophy of Jesse Livermore, one of history's most successful stock speculators. We analyze his core principles of market timing, including the concept of the pivotal point and the importance of waiting for market confirmation. You will study his strict money management rules, position sizing techniques, and the psychological discipline required to survive volatile markets. By deconstructing both his legendary successes and his costly failures, the program provides a practical framework for understanding price action and identifying major market trends without the use of complex indicators.