Jesse Livermore, 1877 was born in Massachusetts, USA. He entered the stock market at the age of 14, and started his first speculation at the age of 15, earning 1000 USD each. At the age of 20, he won his first $65,438+0,000. 265,438+0 years old, moved to new york and traded on new york Stock Exchange. When 1907 plunged, he was only 30 years old, but he won his first million by shorting. When the economic crisis of 1929 came, he keenly captured the signal that the stock market peaked, threw away all the stocks and made a profit of 1 100 million dollars. However, within a few years, he fell into the predicament of bankruptcy, and he did not fall into poverty because he bought a huge pension for his family. 1935, his wife shot and killed her son Jesse Livermore Jr in a fierce quarrel with her son, which became a major scandal at that time. From 65438 to 0939, Jesse Livermore wrote this book, summarizing his life's successes, failures, gains and losses. 1940, at the age of 63, he committed suicide, ending his once brilliant and sad life.