Hanging Out - Thursday, page-40

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    Thought of the day. In 1940, Jesse Livermore, reputedly one of the greatest traders who ever watched the tape, sipped a couple of of 'old-fashioned' in a NY hotel bar, then went into the cloakroom and shot himself in the head with a .32 Colt automatic. Later, it was found he had battled depression for most of his life, with ups and downs, just like the market. Don't hangout with the Black Dog. Hangout with Mister Probability. Back test, back test, back test and then go with it. Oh, and don't forget to self medicate. On that subject, it's beer time.


 
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