Why Most Traders Fail? – What 99% of Traders Do Wrong with Risk and Profits скачать в хорошем качестве

Why Most Traders Fail? – What 99% of Traders Do Wrong with Risk and Profits

Jesse Livermore went broke three times before he figured it out. The legendary speculator who made and lost millions on Wall Street didn't fail because he lacked intelligence or method. He failed because he fought the one thing you can never beat: the market itself. In this episode, Livermore shares the brutal lessons that cost him fortunes to learn. From his early days in Boston bucket shops to the panic of 1907, he walks you through the moments that shaped his understanding of speculation. The market doesn't care about your opinion. It doesn't reward predictions. And it will humble anyone who thinks they're smarter than the tape. This isn't theory. These are hard-won lessons from a man who learned them the most expensive way possible. What actually separates a legendary trader from a gambler? It isn’t a secret indicator or a faster computer. It’s discipline, emotional control, and a deep understanding of the human ego. Jesse Livermore, the "Boy Plunger" of Wall Street, is the ultimate case study. He built multi-million dollar empires from nothing, only to watch them crumble. His secret wasn't that he "found" a magic strategy—it’s that he won when he followed his rules and lost everything the moment he thought he was bigger than them. Here are the hard-earned pillars of the Livermore method: The 6 Laws of the Tape 1. Trade the Path of Least Resistance Don’t argue with the market; it doesn’t care about your opinion. If the trend is climbing, be a buyer. If it’s sliding, be a seller. The Rule: Never buy a stock just because it looks "cheap" after a drop, and never short a stock just because it looks "expensive." Price is never too high to buy or too low to sell. 2. The Fortune is in the "Sitting" The biggest mistake traders make is over-activity. They try to catch every minor ripple and miss the massive waves. The Rule: Once your conviction is confirmed by the trend, stay put. Livermore famously noted that his money didn't come from his thinking, but from his patience. 3. Use the "Probe" Method Confidence is great, but arrogance is expensive. Never go "all-in" on a theory before the market proves you right. The Rule: Test the water with a small position. Only add to your size once that initial "probe" shows a profit. Never average down on a loser. 4. Strike at the Pivotal Point Timing isn't just a factor; it’s the only factor. There is a specific psychological "tipping point" where a trend truly begins. The Rule: Do not jump the gun. Wait for the price action to hit a key technical or psychological level that confirms the move is real. 5. Respect the 10% Executioner Livermore’s greatest failures came when he let "hope" replace his exit strategy. The Rule: Cut your losses without mercy. If a position moves against you by 10%, get out. Let your winners run, but kill your losers while they are small enough to not hurt. 6. The Silent Professional "Inside info" is usually a trap. Most "tips" are designed to benefit the person giving them, not you. The Rule: Keep your own counsel. Do your own homework. Tips are for waiters; strategy is for traders. The War Within Livermore believed the stock market is never wrong—but people are. Trading is a psychological battlefield where your own hope and fear are the primary enemies. When you are losing, you hope for a bounce. When you are winning, you fear losing the gain. Successful trading requires you to flip that: Fear the small loss becoming a big one, and hope the small gain becomes a home run. "The speculator's four deadly enemies are: Ignorance, Greed, Fear, and Hope." 🔔 SUBSCRIBE to master the art of disciplined trading #stockmarket #tradingstrategy #jesselivermore #investingtips #wealthmindset #tradingpsychology #financialfreedom #discipline #2026 #tradingstocks #stonks #priceaction