Why did Jesse Livermore blow up a couple of times in his trading career?

April 20, 2014 at 5:11 pm

Answer by Dave Hughe:

He explained it himself in the book: he did not follow his own rules. This is exactly why so many people blow their accounts in Forex.

I used to be fascinated with Jesse Livermore but later on I realized that he had a gambling personality. Nevertheless, his advice is as sound today as it was back then.

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