Before I get to who Jesse Livermore was and some great videos on him:
…I’m proud to announce we’re offering even more Thanksgiving deals and the sale will last right up until the end of the month at midnight EST on November 30th.
After all, it’s been a VERY good year for subscribers of my 4 students and I as we’re all up roughly 50% this year, with PennyStocking Silver subscribers earning and posting nearly $1 million in profits as you can see HERE and TIMalert subscribers earning their own $1 million in 2011 as you can see HERE
So here’s a full list of my special Thanksgiving weekend sale, good until the end of the month of November aka roughly 72 hours form when this blog post gets published:
1. The new newsletter added to this Thanksgiving sale issssssss:
30% off any of the annual plans for Lucci Alerts who is a millionaire options trader, please use the coupon code TURKEY30 right HERE
2. As previously wrote about HERE, my new 6-hour options basics DVD featuring two veteran options traders starts shipping in the next few days, save 50% by pre-ordering HERE and pay just $397 + shipping (regular price is $797 aka save $400)
3. And as previously posted, Special 30% off annual plans http://tim.ly/t2dU4b & http://tim.ly/sXtI8i &http://tim.ly/vNlWYG using coupon code TURKEY30 and since there’s been some confusion on this, allow me to spell it out:
30% off the annual plans for BuyinAlerts when you use the coupon code TURKEY30 right HERE
30% off the annual plans for TIMalerts or PennyStocking Silver when you use the coupon code TURKEY30 HERE
30% off the annual plans for Profitly premium features HERE using coupon code TURKEY30
These coupon codes will only work on annual plans, not monthlies as we want to reward those committed to learning, not the fly-by-nighters who think they can learn everything in just a few weeks and thus save some money…your flawed education will cost you many thousands, if not tens or hundreds of thousands of dollars, do not skimp on education and obviously our prices are so reasonable ALL of these tools can be paid for by one good trade…or helping you avoid one bad trade.
4. The new DVDs which we’re going to have a 50% off special on for a few days:
Pay just $397 for the 2010 Vegas conference entitled “The New Rules Of PennyStocking”, normally priced at $797, savings of $400…see some reviews of that conference and understand why you definitely need the knowledge in this DVD
Pay just $199 for your choice of PennyStocking or PennyStocking Part Deux….regularly these are my two most popular DVDs which retail for $397 and $497, so you can save $200-400 depending if you order one or both…after you order, just email us here and let us know which one/s you would like…read nearly 100 reviews of these DVDS HERE and HERE
Pay just $797, normally priced at $1597, for the massive 12-hour How To Trade Biotech Stocks DVD whose details you can see HERE, pay the full $1597 and we’ll rebate you $800 so you pay just $797 + shipping, saving $800 (after you order and pay the full amount, shoot us an email HERE and we’ll rebate you $800 ASAP…sorry our programmer is out today so we can’t do a special coupon code, but we want you to get these savings!)…watch a clip:
5. Last but certainly not least, when you pre-order HERE, you save 50% off, or $500, my 17-hour Vegas conference DVD package entitled PennyStocking Framework in which I unveiled my key 7-step framework for trading pump and dumps which helped me predict not one but two 50% gainers inside of a week and led to $4,000+ profits like this:
…and once you pre-order PennyStocking Framework HERE paying just $397, saving $400, we will also begin shipping it in the next few days, so you won’t have to wait very long.
And now we remember one of the greatest fallen traders who came before us…
Most Trading Challenge students and PennyStocking Silver subscribers have little idea who Jesse Livermore is and that’s just sad…when I wrote this blog post on him, people literally had no idea who this guy was…after all, it’s one of my life’s goals to make a movie about him so EVERYONE will know who he was.
You can see Livermore’s Wikipedia page which is made impressive by this simple phrase: “During his lifetime, Livermore gained and lost several multi-million dollar fortunes. Most notably, he was worth $3 million and $100 million after the 1907 and 1929 market crashes, respectively. He subsequently lost both fortunes.”
Mind you $100 million in 1929 was worth roughly $1 billion and so he lived life on a grand scale as denoted here:
Patricia Livermore, Jesse Livermore’s daughter-in-law gave a fascinating interview in 1990 for a documentary about the crash of 1929. Here’s part of what she said about the Livermore lifestyle:
“They had a beautiful place on 76th Street in Manhattan on the West Side, off Central Park. They had a floor at 813 Fifth Avenue because Dorothea did not like to go to the West Side to change her clothes. They had a house in Great Neck. They had a summer house in Lake Placid. They had a house in Palm Beach. They had a private railroad car, two yachts. The only yacht that was bigger was J. P. Morgan’s. And they used one of them, the big one, very frequently when they went to Europe. They lived very comfortably…
Jesse Livermore had a ticker tape in every home that he owned, on his railway cars, on his yachts… They had several Rolls Royces, lots of chauffeurs. They had a staff of about 20 or 25 and in each place, in each house, see, and with the exception of Dorothea’s personal maid, they did not take their staffs with them. They simply kept them year-round in all their establishments…
Oh, they lived. They really lived… Mrs. Livermore was a spender. And, of course, she loved to buy. She spent her days buying and buying and buying…”
Huge inspiration to live comfortably off your trading gains (he was a notorious short seller like me, however back then were no stock market rules so he made a ton off manipulating stocks) and especially lessons on who to marry…or rather who not to marry 🙂
You should definitely read my favorite book of all-time, Reminiscences Of A Stock Operator, which has nearly 100 reviews here and is based loosely on his life or read the more-factually accurate Jesse Livermore: World’s Greatest Stock Trader, to get a sense of the man who many call the greatest trader who ever lived…
I was and forever will be extremely honored that my book An American Hedge Fund has been compared to Reminiscences of A Stock Operator as I wrote it in the same style specifically because that book inspired me so much and I couldn’t think of any recent trading books that had a similar effect.
…and begin to understand why I spent nearly $18,000 on one of the only copies in the world to be autographed first edition of his book “How To Trade In Stocks” and made this video:
Here’s a quality article about how Jesse Livermore committed suicide, offering perhaps the greatest lesson of all to traders…I was going to do a video clip at the Sherry Netherland Hotel and re-enact his suicide with blanks, but I’m just too busy, so it’ll have to wait for the future.
Here’s another decent video on Livermore’s life along with some of his famous trading quotes: