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The Final Episode: Jesse Livermore Insights and Holding ‘Dead Money’ Positions

In the final edition of Trading Simplified, Dave shows his methodology in action by sharing two positions that he continues to hold, even though they were “dead money” most of the time, and why he applied discretion to stick with a losing position to possibly avoid a loss. He also provides a “where are we now” update to the TFM 10% System. He then shifts gears to resume and finish his series on Jesse Livermore; this week, he covers the fact that something is wrong with a stock if it’s going down, how the market is a “discounting mechanism,” and “what is, is” when it comes to markets. Dave then summarizes some of the best quotes and thoughts from Livermore while adding in his own two cents.

This video was originally published on November 29, 2023. Click anywhere on the Trading Simplified logo above to watch on our dedicated show page, or at this link to watch on YouTube.

You can view all recorded episodes of the show at this link. Go to davelandry.com/stockcharts to access the slides for this episode and more. Dave can be contacted at davelandry.com/contact for any comments and questions.

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