To all Concerned,
These best of the Best stock Gurus will help us do this 'toughest job' in the world well...
http://www.jesse-livermore.com/
http://www.jesse-livermore.com/trading-rules.html
http://www.bursabulltrader.blogspot.ca/2010/08/jesse-livermore-lessons-from-legendary_23.html
Dan Zanger, a student of legend William O'neil is the world 2nd best record profit in stock trading, turning $11k to $18mill in 18 mths n still counting !
http://www.chartpattern.com/index.html
http://www.chartpattern.com/10_golden_rules.html
Read n re-read more than 10 times n still re-reading...
The more u read, the street smarter u r n richer u will be...
Jesse Livermore was a loner with little formal EDUcation. He was highly stressed since 14 years old. This is a big part of stock mkt occupational hazard. It was his BRAIN n body that failed him n certainly not his stock operating methodology that the whole investing world continues to learn from...
He once said it is unfair to play stock due to insider mgmt's better info abt the co. So he decided to go 100% into commodity futures, cotton I guess.
Lesson learned: Be extra careful when u play commodity stocks!
He was the mover n almost corner the cotton mkt. At that final critical moment, his BRAIN went haywire ! This is like an expert pilot who flys the plane to the highest n all of the sudden losses his eye sight n sense. His Future contract being highly leveraged had no cut loss mechanism. By the time he was 'awaken' he went bankrupt.
Dear friends, we do pity him, Right ! Warren B. also learns from Livermore on fear n hope, except he makes it in longer sentence. A known fact that no one can be a prestigious hedge funder without knowing Livermore.
By n large, People tend to reject the best (No. 1 to 10) in the world. They choose to learn from No. 1000s or more or no position ranking at all...
Choosing who to learn from, also can go wrong already. How to be Right in the stock mkt ?
It's a free world, U decide...
Dear friends, we do pity him, Right ! Warren B. also learns from Livermore on fear n hope, except he makes it in longer sentence. A known fact that no one can be a prestigious hedge funder without knowing Livermore.
Livermore,
world # 1 original stock guru.
All billionaire hedgees on wallstreet, owed him their high speed success:
By n large, People tend to reject the best (No. 1 to 10) in the world. They choose to learn from No. 1000s or more or no position ranking at all...
Choosing who to learn from, also can go wrong already. How to be Right in the stock mkt ?
It's a free world, U decide...
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