Think me what instrument you will, though you may fret me, yet you can not play upon me.
-Hamlet, Shakespear-
Think me what instrument you will, though you may fret me, yet you can not play upon me.
-Hamlet, Shakespear-
Thatâs All Folks
We all live with the objective of being happy; our lives are all different and yet the same.
"All my life I have made mistakes, but in losing money I have gained experience and accumulated a lot of valuable [I]donâts[/I].
I have been flat broke several times, but my loss has never been a total loss. Otherwise, I wouldnât be here now.
I always knew I would have another chance and that I would not make the same mistake a second time.
I believed in myself. A man must believe in himself and his judgment if he expects to make a living at this game."
Jesse Livermore (1877-1940) legendary stock speculator in the 1920âs
from his book [I]How to Trade in Stocks[/I] (1940)
âLivermore sometimes did not follow his own rules strictly. He claimed that his lack of adherence to his own rules was the main reason for his losses after making his 1907 and 1929 fortunes.â
Did Livermore die rich or poor?
After the 1929 stock market crash, Jesse Livermore had a personal fortune in excess of $100 million, much of it made in the crash itself.
Five years later, in 1934, Livermore was bankrupt. There is no record of where the 100 million went.
After the 1929 Crash, the government drastically tightened the rules governing stock speculation, effectively outlawing most of the trading methods (primarily unrestricted short-selling) which Livermore had employed.
Livermoreâs daughter-in-law, Patricia Livermore, says that this new, highly restricted trading environment killed her father-in-lawâs interest in the stock market â the only occupation he had ever engaged in. And, she says, his interest in life ended soon after 1929, as well.
In 1940, not long after the publication of his book, [I]How to Trade in Stocks[/I], Livermore committed suicide. Depression and suicide plagued his family: Jesse Livermore, his son Jesse Jr, and his grandson Jesse III all committed suicide.
When Livermore married Harriet Noble, she was his third wife, and he was her fifth husband. In a macabre coincidence, all five of Harrietâs husbands, including Livermore, committed suicide.
Livermore was not rich at the time of his death. After his 1934 bankruptcy, he managed to scrape by, but never re-gained a significant part of his lost wealth. A small fortune (estimated at $5 million) was left to his heirs in trusts established soon after the Crash. Except for the fact that the 5 million was out of Livermoreâs reach, it likely would have been lost along with the rest of his 100 million.
In many ways, Jesse Livermore was a tragic figure, in the Shakespearean sense. He was arguably the greatest stock speculator of the early 20th century. And he was possibly the greatest price-action trader of all time. And yet, he was plagued by demons, and those demons ultimately killed him.
Suicide? Thatâs sad.
Oh, I didnât know he didnât have access to the 5 million.
From our brilliant Vice President:
[B]âWell, you know, look, thatâs the reason he ran for president,
to separate the future from the past.â[/B]
U.S. Vice President Joe Biden
explaining to NBCâs Meredith Vieira how President Barack Obama hopes to change the culture of Washington
Jan. 28, 2010
Thanks to [B]Slate[/B], âThe Complete Bidenismsâ, A collection of the vice presidentâs gaffes and head-slappers. - By Jeremy Stahl - Slate Magazine
Thank God we have Obama to save the world. â Can you imagine if our future and our past were UN-separated?
heres a quote i came up with for those people who think they know and understand everything about a subject simply because theyâve heard a fact or two about it, trading imparticular!
âjust because you know how to bark, doesnt mean you can speak dog!â - myself, lee jamie brown
[b]
Woof!
Woof!
[/b]
funny, there are lots of barkers.
âif you canât hang with the big dogs, stay on the porch with the puppiesâ
âI wouldnât be so paranoid if everyone wasnât out to get meâ
This one is for the person who pretends to be a southern country boy.
"bless his heart"
A real southerner will know what that means.
And last but not least, a favorite movie line from 'Jeremia Johnsonâ
Two mountain men debating what month of the year it might be.
âMarch maybe, I donât believe April. Wet muddy month down below. Some likes it. Farmers mostly.â
Well some people are mountain men, and some are farmersâŚ
bless their hearts.
Hereâs some that apply to Forex, all by the great Bruce Lee:
âIf you always put limit on everything you do, physical or anything else. It will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them.â
ââŚusing no way as a way, using no limitations as a limitationâ
âSimplicity is the key to brillianceâ
âForget about winning and losing, forget about pride and painâ
âEmpty your mind, be formless, shapeless - like water. Now you put water into a cup, it becomes the cup, you put water into a bottle, it becomes the bottle, you put it in a teapot, it becomes the teapot. Now water can flow or it can crash. Be water, my friend.â
[I](This is the mantra I follow when trading, by the way)[/I]
âred rooster say, kock a doodle do, Rich woman say, any dudeâl doâ
-Mississippi John Hurt
lol
Do you have the blues?
Always!
hang my head an moan
[B]âWe know everything[/B] about this particle. The only thing we donât know is [B]if it exists.â[/B]
Rolf-Dieter Heuer, Director-General of the European Organization for Nuclear Research (CERN), referring to the [B]Higgs boson[/B],
which the Large Hadron Collider (LHC), on the Swiss-French border near Geneva, will attempt to generate and detect in late March.
.
Interesting. The Higgs boson supposedly is responsible for mass. And I was wondering one day why mass would cause curved spacetime. A fourth spacial dimension might seem to be a good solution except that it would cause unstable planetary orbits. So much for that idea.
oh yeah, Trolls are easy to spot arenât they? They have a lot of mass, but not much substance.
âThere are some, although few indeed, on whom divine favour has bestowed the gift of contemplating, clearly and very distinctly, with scope of mind miraculously enlarged, in one and the same moment, as though under one ray of the sun, even the whole circle of the whole earth, with the ocean and sky about itâ
-Colum Cille (521-597 AD)
âif this were the middle ages Iâd be a renaissance man but as it ainât it isnât and as it isnât I ainât as it were.â
-me (2010)
[B]âMen occasionally stumble over the truth,
but most of them pick themselves up and hurry off
as if nothing ever happened.â[/B]
British Prime Minister Winston Churchill (1874-1965)