Market is Never Wrong
"The market is never wrong. Opinions often are. Dont argue with the tape."
The market is always right; opinions are often wrong.
Read Full Analysis →Jesse Lauriston Livermore (July 26, 1877 – November 28, 1940) was an American stock trader considered one of the greatest traders in history. He made and lost several fortunes during his career, including famous profits during the 1907 and 1929 market crashes. Livermore began trading at age 14 in Boston bucket shops and developed his own methods for reading market...
"The market is never wrong. Opinions often are. Dont argue with the tape."
The market is always right; opinions are often wrong.
Read Full Analysis →"Stocks move along the line of least resistance. Find it and trade in that direction."
Stocks follow the path of least resistance.
Read Full Analysis →"Markets are driven by fear and greed. The disciplined investor exploits these emotions rather than being controlled by them. Emotional control is the key competitive advantage."
Exploit market emotions rather than being controlled by them.
Read Full Analysis →Jesse Livermore has 3 key principles on market psychology. The most important one is "Market is Never Wrong" — The market is never wrong.
Jesse Livermore applies market psychology through several key principles including "Market is Never Wrong" and "Line of Least Resistance". These principles guide practical investment decisions and have been tested across decades of market cycles.
Jesse Livermore's approach to market psychology is distinguished by a focus on long-term thinking and fundamental analysis. With 3 specific principles in this area, Jesse Livermore provides a comprehensive framework that investors at any level can study and apply to improve their decision-making.