Trade Like Jesse Livermore


  • Pages: 234
  • Format: PDF
  • Published Date: 2004


Trade Like Jesse Livermore explains the complete Livermore Trading System, developed by Jesse Livermore over his legendary 45-year career trading the stock market.

This book explores the technical aspects of the Livermore Trading System, including Timing, Money Management, and a way to achieve Emotional Control. It deals with the details and secrets of the stock trading system that brought about Livermore’s amazing and unbridled success on Wall Street.


Trade Like Jesse Livermore explains a number of aspects of Livermore’s technical trading systems, such as:

  • Recognizing and profiting from Pivotal Point Trading
  • Continuation Pivotal Points and how to recognize them
  • One- and three- day reversal signals—how to identify them and profit
  • Tandem Trading—looking at two stocks, the stock and the sister stock
  • Industry Group action and how it must be analyzed and understood before trading
  • Top Down Trading techniques
  • The importance of volume activity in trading a stock
  • Stocks breaking out to new highs and what that can mean for a trader
  • Break-outs from a consolidating base
  • Trading only in the leading stocks in each group
  • The dimension of time, an important element in trading the Livermore system
  • The complete Livermore Money Management system

The Livermore Trading System can be applied to any trading time frame from 10 seconds to 10 years, and it can be used by the long-term trader as well as the day trader. Like an athlete preparing for a contest, Livermore considered it very important to prepare himself both psychologically and physically for a day of trading. These techniques are disclosed in this book.


  • Meet Jesse Livermore
  • Timing is Everything
  • Livermore Trading Discoveries
  • Livermore Pattern Recognition Timing Keys: Pivotal Point Trading
  • Perfecting Money Management
  • Emotional Control
  • How Livermore Prepared for His Day
  • General Livermore Issues
  • Livermore Quotes—Trading Truths
  • Summary of Livermore Trading Rules
  • Livermore Secret Market Key