Jesse L. Livermore

Dictionary Says

Definition of 'Jesse L. Livermore'

Livermore rose from a humble farming background to become a stock trader in Boston. Over the course of his career, he won and lost several fortunes in many arenas. A self-made man with no formal education or trading experience, Livermore focused on making money from the overall market directions and not concentrating on individual stocks. He believed that insider and professional research opinions were not a just means for stock picking as investors had to perform their own analysis.
Investopedia Says

Investopedia explains 'Jesse L. Livermore'

Livermore lived from 1877 to 1940. He espoused the strategy of buying and holding during bull markets and selling when market momentum began to shift. He believed that effort was a key component that separated the winners and losers in the investment world.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Mutual Fund

    An investment ...
  2. Stock

    A type of ...
  3. Bond

    A debt ...
  4. Security

    A financial ...
  5. Derivative

    A security whose ...
  6. Operating Income

    The amount of ...
  7. Risk

    The chance that ...
  8. Earnings Before Interest & Tax - EBIT

    An indicator of ...
  9. Inventory Turnover

    A ratio showing ...
  10. Price-Earnings Ratio - P/E Ratio

    A valuation ...

Articles Of Interest

  1. Buy High And Sell Low With Relative Strength

    The RS strategy seems counterintuitive, but there is evidence to show that it works.
  2. Short Selling: Making The Ban

    Short selling has been around as long as the stock market, and it hasn't always been looked on favorably.
  3. Jesse Livermore: Lessons From A Legendary Trader

    Jesse Livermore's investing philosophy wasn't foolproof, but he's still recognized as one of the greatest traders in history.
  4. The Greatest Investors: Jesse L. Livermore

    Read about the achievements of those who have mastered the art of investing.
  5. Finding Undiscovered Stocks

    Wall Street tends to focus on large cap stocks, leaving other stocks under-followed and undervalued.
  6. Tips For Controlling Investment Losses

    A profit/loss plan helps investors recognize mistakes and invest logically, rather than emotionally.
  7. How To Find P/E And PEG Ratios

    If these numbers have you in the dark, these easy calculations should help light the way.
  8. How To Make A Winning Long-Term Stock Pick

    Discover the key elements of a good long-term investment and how to find them.
  9. Is Growth Always A Good Thing?

    Getting big quickly looks good, but companies can get into trouble when they do it too fast. Find out how to spot this trouble.
  10. Spotting Profitability With ROCE

    This straightforward ratio measures whether a company is efficient, money-making or neither.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center