The Wisdom of Jesse Livermore, Part 7

In this week’s edition of Trading Simplified, Dave shows his methodology in action with a recent “better-than-a-poke-in-the-eye” crypto trade and an open stock position where he’s “free rolling”, which is the secret to longer-term trading success. He then resumed his series on the wisdom of Jesse Livermore, focusing on how, while it’s good to have an opinion on where a market is headed, you better wait for the tape to confirm. He talks the need to be patient before and during a trade, learning from your mistakes, plus much more.

This video was originally broadcast on June 7, 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.