💹 “Money is made by sitting, not trading.” – Jesse Livermore
🤵 Who Was Jesse Livermore?
Author of How to Trade in Stocks (1940) & one of the greatest traders ever.
💰 Worth $100M in 1929 → ~$1.5B today
📈 The key lesson:
“It never was my thinking that made the big money for me. It always was my sitting tight.”
✅ Most traders rush. Only those who can be right AND sit tight make big money.
💡 Quick Takeaways from Livermore’s 21 Trading Rules:
• Money isn’t made trading every day.
• Trust the market’s action, not your opinion.
• Don’t average losses.
• Leaders today ≠ leaders tomorrow.
• Big movements take time — patience pays.
🚀 Trade smart, follow trends, sit tight, and let profits grow.
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