Did Jesse Livermore use Interactive Brokers?

[Wayne Gibbous]

Quote from cstfx:

[/i]


http://en.wikipedia.org/wiki/Interactive_Brokers, says IB founded in 1977. Jesse died in 1940 (http://en.wikipedia.org/wiki/Jesse_Lauriston_Livermore).



So, Jesse not use IB, right?

I'll go slow:

It's a dig at IB. [/QUOTE]Yep, but only from the OP's POV. He doesn't miss a chance to slam IB, but I consider IB a great broker.

So, to reiterate my quip (for the other poster, not you), "Livermore did NOT use IB so he commited suicide, " and I hope the OP does NOT use IB, either (for the same reason).

 

[bench 405]

Quote from Derrick1983:

http://en.wikipedia.org/wiki/Interactive_Brokers, says IB founded in 1977. Jesse died in 1940 (http://en.wikipedia.org/wiki/Jesse_Lauriston_Livermore).



So, Jesse not use IB, right?



He died as "Livermore had failed to regain his trading confidence before his death. A lifelong history of clinical depression had become the dominant factor in his final years.", wikipedia words.

When does clinical depression not dominate a person's life?

Apparently when you are making tens of millions.

 

[olias]

Quote from bench 405:

When does clinical depression not dominate a person's life?

Apparently when you are making tens of millions.

If only that were true. Too much money will alienate you from people; even friends and family. Which could easily exacerbate the depression.

I know you were joking, but had to say something. You've got to find a way to be happy with where you're at in life. Money or not.

 

[HolyGrail]

Quote from olias:

You've got to find a way to be happy with where you're at in life. Money or not.

No you don't. You get your drive from being unhappy with where you are in life. I feel sorry for anyone flipping burgers being happy where they are in their life.

 

[Port1385]

Quote from HolyGrail:

No you don't. You get your drive from being unhappy with where you are in life. I feel sorry for anyone flipping burgers being happy where they are in their life.

Its all relative...here are a few examples...

Example 1
An illegal immigrant finds a job at a local restaurant "flipping burgers". He finds joy in it because its more money then he was making in Mexico and he can feed his family with the wages. Its also better then being a farmworker in the fields.

Example 2
A poor homeless man finds a job at a local restaurant "flipping burgers". He finds joy in it because he can finally support himself and not live in the destitute in the shelter anymore.

 

[Muddy Farmer]

Sorry folks, I just had to know so looked it up:

$73,892,373.49 in the year 2007 has the same "purchase power" as $5,000,000 in the year 1940.

Gulp.

 

[l2tradr]

Quote from Muddy Farmer:

Sorry folks, I just had to know so looked it up:

$73,892,373.49 in the year 2007 has the same "purchase power" as $5,000,000 in the year 1940.

Gulp.

Not exactly broke

 

[HolyGrail]

Quote from Port1385:

Its all relative...here are a few examples...

Example 1
An illegal immigrant finds a job at a local restaurant "flipping burgers". He finds joy in it because its more money then he was making in Mexico and he can feed his family with the wages. Its also better then being a farmworker in the fields.

Example 2
A poor homeless man finds a job at a local restaurant "flipping burgers". He finds joy in it because he can finally support himself and not live in the destitute in the shelter anymore.

Sure but for how long? When you're happy and satisfied you just lost your drive.

 

[JaiSreeram]

Quote from bench 405:

When does clinical depression not dominate a person's life?
Apparently when you are making tens of millions.

Clinical depression is not only for rich, but poor also suffer. Approach to life, attitude tells your mental state & not money. Health issues like hormones of body also influence mental state & depression.

 

[Derrick1983]

Quote from HolyGrail:

Sure but for how long? When you're happy and satisfied you just lost your drive.

I do not think so; “Satisfaction does not mean lack of drive”. One can progress & be happy also. Many people are happy, yet they keep progressing. If tense, you can not think or act well. You need to be happy & enjoy what you are doing, or else fail and not push too hard.