On November 28th, 194, Livermore arrived at Sherry Netherland Hotels in new york to identify his father's body. At the sight of his father's body, a few minutes later, he collapsed (committed suicide). His suicide note read: "My life is a failure."

He finally committed suicide because of depression caused by the failure of his married life, not because of bankruptcy.

what finally knocked him down was the imbalance of family life. In particular, its actor wife, Dorothy Wendt, is addicted to alcohol and has a good reputation, which has caused him to have more than one depressive episode and even put aside the discipline of trading. After the American stock market crash in 1929, he jumped into the market again, but the market continued to fall, resulting in losses. Soon, his wife divorced him and squandered his property, and he declared bankruptcy again. The next year, the divorced wife shot her eldest son in a drunken quarrel, causing his eldest son to be disabled. In order to relieve his emotions, Livermore remarried, but still kept many mistresses.

Although he is disciplined in investment, his love life is like a tangled wool, which seriously affects his later investment discipline and makes him unable to get away.

On November 27th, 194, Jesse Livermore and his wife Harriet were at the Stork Club. He looked cold, pale and very haggard.

On November 28th, 194, Livermore Jr arrived at Sherry Netherland Hotels in new york to identify his father's body. At the sight of his father's body, a few minutes later, he collapsed (committed suicide).

Livermore's mansion "Evermore". The restaurant can accommodate 46 people at the same time.

Livermore also has a barber shop in the basement. Livermore's 3-foot yacht was anchored in the backyard.

Livermore's mansion was many at that time.

Livermore and mini ipad friend Ed Kelley, after a day of water fishing, took a

holiday on the yacht. Livermore likes fishing very much. Because the sea gave him a good chance to think and swim in the sea, he often put forward some "great market trading ideas"

Livermore, the greatest stock speculator in the United States, and Bradley, the greatest gambler in the United States, is the most loyal patron of the largest mobile illegal gambling club in American history.

Livermore likes beautiful women very much, which leads to a lot of misfortunes in his life.

Livermore's rigorous and profound thinking on investment has become Gross's lifelong principle. On the wall of Gross's office, there are also photos of two other spiritual mentors, one is baruch, and the other is J.P. Morgan, the founder of JPMorgan Chase.

how did a little boy who cleaned the blackboard rise to become a Wall Street tycoon, earning a hundred million dollars in the stock market crash, and even the US government begged him not to empty his chest, but he ended up shooting himself dramatically?

Jesse Livermore is the most frequently mentioned investment idol of Gross, the king of bonds. From him, Gross learned one thing: "Before you know the market, you must know yourself, as well as your weaknesses and arrogance. Li Fomo was once described by Time magazine as "The Most Fabulous Living U.S. Stock Trader".

Li Fomo, who came from a poor peasant family in Massachusetts, USA, got his first job in Boston at the age of thirteen, with five dollars from his mother: as a blackboard cleaner in a prison. After that, flexible, he rose in the prison, operating various commodities such as cotton, corn and wheat, and went bankrupt eight times and made a comeback eight times.

The most legendary speculator in history, in 197, made a huge profit of $3 million by shorting US stocks, which led to the crash of US stocks. At that time, J.P.Morgan, a financial tycoon, sent someone to beg him not to be empty again. He felt "like a king at that moment".

in 1929, when the U.S. stock market crashed, he entered the market and emptied all his funds, earning $1 million. At that time, the annual tax revenue in the United States was only about $4.2 billion. The U.S. government also asked him to stop shorting the stock market.

At the peak, Livermore had the most beautiful office in new york, located at No.73 Fifth Avenue, which contained his own elevator.

His schedule is extremely punctual. Every morning at 7: 2, he leaves the mansion in a limousine, and the police in new york will give him a green light all the way to the office. His driver gives a tip once a week to the policeman in charge of the traffic lights.

In order to keep abreast of the market, he installed stock price telegraphs in Manhattan mansions, holiday cottages on the tranquil lake in Upper new york, holiday hotels in Palm Beach, and 2-foot luxury yachts.

Li Fomo wrote his forty years' trading experience as How to trade in stocks, and summarized his trading method, which is a Li Fomo price recording method combining time management, fund management and emotional management.

He said that speculative competition is always the most attractive game in the world, but it is such a game that "stupid people can't play, people who are too lazy to think can't play, people with poor emotional balance can't play, and adventurers who want to get rich overnight can't play, otherwise they will all be poor and die.

lock yourself in the vault for three days at the end of each year

review the reasons for the failure of the whole year in piles of paper money

He always introspects himself, because "the market is never wrong, only human nature can make mistakes". The habit of deep introspection is manifested in his "new year ceremony."

On Friday before the New Year in 1923, Manhattan Bank, "Good afternoon, Mr. Livermore, everything is ready," said the bank manager. Livermore took a briefcase filled with all his transaction records and notes of the past year.

They came to the big vault of the bank. On both sides of the huge steel gate stood an armed guard. In the cave-like vault, there is a row of boxes full of huge amounts of cash.

"Mr. Livermore, here is about $5 million. The red light on the ceiling began to blink, and the alarm bell whispered every twenty seconds. "The vault will be closed in five minutes. You have all the food your office manager ordered for you, ice cubes, bread, cold cuts, vegetables and water? On Monday, the vault timer was set to start at eight o'clock sharp, just like before.

At the moment when the vault door was closed, Livermore turned to the table surrounded by $5 million. For the next three days and two nights, he secluded himself in deep loneliness and carefully reviewed the reasons for the failure of some transactions in the past year among piles of banknotes.

Before he leaves on Monday morning, he will go to those boxes full of cash and fill his pockets to his heart's content. He will use up the money in the next two weeks.

He told his friends that he spent the whole year on paper, and at this time of the year, he had to touch the money and feel the power again.

There are many people who want to get rich, but few people are as disciplined and introspective as Li Fomo. Therefore, he often reminds people: "Anyone who is interested in speculation should regard it as a career, not as pure gambling as many people do.

The first trick of Li Fomo's mind-trading method is time management, that is, grasping the timing.