Jesse Livermore Trading History Highlights... Excellent Vid...

[Good1]

Tradingview offers a few markets whose histories reach back to 1975, 1968, 1897, 1833 and even 1802. But when you go back so far the charts get a little sketchy.

However, as it relates to this thread, to Livermore, Tradingview resurrects the Dow Jones most clearly dating back all the way to 1897, with enough price information to render fairly robust, even tradable weekly candle sticks.

I went back to 1897 and started trading my way to see if I could keep pace with Livermore, make it through the 1907 crash, the San Fransisco earthquake/fire, survive WW1, thrive in the roaring 20's, see if I could weather the great crash of 1929, claw through the devastating bear market down till 1933, and of course see if I could crawl through the Depression back to when WW2 got the economy going again.



Here is a list of ancient tickers that Tradingview offers. The Dow Jones is sourced through TBC.

 

[schizo]

Tradingview offers a few markets whose histories reach back to 1975, 1968, 1897, 1833 and even 1802. But when you go back so far the charts get a little sketchy.

Did they really keep tabs on Silver back in 1802? Sounds dubious at best, but I'll give it the benefit of doubt.

 

[schizo]

Tradingview offers a few markets whose histories reach back to 1975, 1968, 1897, 1833 and even 1802.

Regarding USOIL, what oil was traded back in 1861?

It doesn't sound like crude oil, at least not for the use of automobile, which wasn't made until 1886, according to the following info.

 

[countryBoy641]

Here is a list of ancient tickers that Tradingview offers. The Dow Jones is sourced through TBC.

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Regarding USOIL, what oil was traded back in 1861?

It doesn't sound like crude oil, at least not for the use of automobile, which wasn't made until 1886, according to the following info.

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Interesting history, it was JD Rockefeller Sr. (the "richest man who ever lived")
who shaped the carbon based energy complex into the business model that it is today.
JD's first fortune was defining the Kerosene market (1870's).
Defining meant his organic chemists looped through the refining process (distillation),
to find the optimal benefits (illumination) with the minimal risk (fire, explosions).
JD appropriately named his company the "Standard Oil"`Company.
Liberals have hated the guy since the day before he showed up.
(kind of reminiscent of the guy from NYC who is running for POTUS ?)
Ironically, the first industry Rock Sr. displaced (drove out of business) was the whale oil industry.
So when the dust settled JD Rock "Saved the Whales".
That's certainly not a popular meme, but it is a fact.
And the liberals (Ira Tarbell)l have always hated him .
Once JD proved the utility of kerosene, refiners like JD were stuck with the remains of the crude oil barrel (gasoline, asphalt, etc).
Many just "flared" off the gasoline.
That's when JD figured he could change his distillation process, sell the gasoline as well.
Kind of like the story of Kingsford charcoal,
when Henry Ford couldn't stand to keep throwing out all the oak lumber scraps
after making wheel spokes for all his Model T cars.
Yes Henry Ford invented Kingsford Charcoal because he couldn't stand waste.
Sell everything but the squeal.
and back in the day, anybody could buy a bag at the local Ford dealer.
Take your Model T for a drive in the country on a Sunday,
cook some steaks on the charcoals.

The little kids who are just dying for some good old fashioned socialism have no idea what they are leaving behind.

 

[SimpleMeLike]

Ok... LOL... Then it should really FIRE UP your engines with the fact that his SHORTING of the 1929 CRASH (starting in summer of 1929) made him 1 Billion in today's dollar value... a wee bit more than 1 Mill...

Good Morning EdgeHunter,

That is right.

He got rich QUICK. Which is my only goal in trading as well.

Gamble and get rich, quick.

 

[murray t turtle]

I read Bernard's memoir about 16 years ago, so hard to remember all details, except yes, a good read. I recall how he took the 1933 gold confiscation in stride, like water off a ducks back. Later helped the Roosevelt administration during the war. Good macro analyst.

%%
Amen ; B Baruch was a good SC quail shooter.
Some gold coins [collectors were ]exempt from 1933 law.....................
If some one can hit flushing quail =can hit most anything[within reason].
[EX] Dallas Fed Rich Fisher said monetary policy is like shooting ducks , have to get [lead[] in front of them.

 

[Good1]

Tradingview offers a few markets whose histories reach back to 1975, 1968, 1897, 1833 and even 1802. But when you go back so far the charts get a little sketchy.

However, as it relates to this thread, to Livermore, Tradingview resurrects the Dow Jones most clearly dating back all the way to 1897, with enough price information to render fairly robust, even tradable weekly candle sticks.

I went back to 1897 and started trading my way to see if I could keep pace with Livermore, make it through the 1907 crash, the San Fransisco earthquake/fire, survive WW1, thrive in the roaring 20's, see if I could weather the great crash of 1929, claw through the devastating bear market down till 1933, and of course see if I could crawl through the Depression back to when WW2 got the economy going again.



Here is a list of ancient tickers that Tradingview offers. The Dow Jones is sourced through TBC.

View attachment 340643

View attachment 340646

Regarding USOIL, what oil was traded back in 1861?

It doesn't sound like crude oil, at least not for the use of automobile, which wasn't made until 1886, according to the following info.

View attachment 340647
View attachment 340648
View attachment 340645

Yah not sure what kind of oil this would be exactly, or what the specifications were, such as barrel size. Apparently there are different kinds of unrefined oil?

I'm attaching a chart of this oil from 1861 to mid 1989. On this chart, there isn't enough information to make candlesticks until 1983. No clue why. Price starts at the bottom left with each dash representing one year of price. Starting in 1946 each dash represents one month in price.



Also,

Year Price
1861 49 cents (per barrel?)
1862 $1.05
1863 $3.15
1864 $3.74

Oil then stayed in this range till it broke out of the "channel" in July 1973 to $4.13. Starting in 1979 it started going limit up each month through the first quarter of 1980 peaking at $40.

Needless to say, only Jesse Livermore could have "operated" in oil during this sketchy period.

On the other hand, by 1968, Exxon Mobil (XOM) is yielding robust, tradable price candles on the NYSE.

Not mentioned in the list provided by Tradingview are several regular old commodities that Tradingview sources provide candlestick information going back to 1968 for Soybeans and most other commodities included by 1973.


Correction: Dow Jones (back to 1897) is sourced by TVC (not TBC):

Would be nice to get individual stock issues prices going back that far too. Apparently the oldest, on Tradingview, is Coca Cola going back to 1962.

 

[schizo]

I'm attaching a chart of this oil from 1861 to mid 1989. On this chart, there isn't enough information to make candlesticks until 1983. No clue why. Price starts at the bottom left with each dash representing one year of price. Starting in 1946 each dash represents one month in price.

Thanks for sharing, but the cynic side of me wants to think they just made this shit up. But whether they did or not probably wouldn't matter to anyone in this day and age anyway, so we're all good.

 

[Good1]

Did they really keep tabs on Silver back in 1802? Sounds dubious at best, but I'll give it the benefit of doubt.

Yah not sure where there would have been a centralized depository of price information. The Smithsonian? The Dutch East India Company? The New York Times? Paine Webber? But like oil, Silver is sketchy until about 1970 when it starts to yield candlestick information on Tradingview. Only Livermore could have operated in Silver at this time.

I just remember Ken Roberts using call options to fish for the bottom of Silver prices round about 1998, a macro approach that really didn't have anything to do with the two methods mentioned in his "course", unless you include long channel breakout. But i think he was fishing at the bottom of the channel, which would not have broken out again until early 2004.

A good source of price information:

Silver Price History From The Beginnings Of America To Today (valuewalk.com)

In 1980 i remember picking the longest straw among a group of boys to fly in a float plane to the other side of a lake, instead of boating it. In flight, the pilot/owner told me he had bought it with proceeds from speculation on gold, which, along with silver, peaked in January 1980. If i had been smarter, i would have started studying the concepts, asking a lot of questions.

 

[EdgeHunter]

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Price History From The Beginnings Of America To Today (valuewalk.com)

Great Historic Share... From Pre-Livermore to Now... What a Ride...