A Collection of the Greatest Traders of the Past 100 Years: Legends and Strategies 🧵
1🧵 Jesse Livermore
Strategy Name: Trend Trading & Pyramiding
Acclaim: Known as the "King of Speculation," the greatest trader of the early 20th century
Representative Book: Reminiscences of a Stock Operator
He made a fortune by accurately shorting stocks during the stock market crashes of 1907 and 1929.
Motto: Follow the trend and cut losses with utmost care.
But ultimately, his tragedy serves as a reminder: Beating the market is easy, but defeating human nature is far more difficult.