Jesse Livermore, the first person in the US stock market in the past century, has always existed like a god. However, there is no information about Livermore's life experience in the book. The content in the book is all about his operations and several bankruptcies. Trading is a part of life. If you want to analyze a person's success or failure, you have to study his life experience, especially for outstanding big traders like Jesse Livermore. Many details of his life experience will be of great inspiration to us younger generations. A legendary figure ended up like that. It is still a bit puzzling, but it can be understood because the financial market is bloodthirsty. Tears are not believed here, only results are believed. There is no warmth here, only the game between people, where the fittest survive. 90% of the group here are busy and finally make wedding clothes for whom. When you are not yet able to survive in this battlefield without gunpowder, it is best not to rush into the market, because the stock market is very realistic. Livermore has been working hard to study the key to success in the stock market since he was a child. It's just that he has not found this elusive key yet. He told his good friend: "Success is to act decisively." But I always watched the big bull stocks rise wildly because I lacked this "decisiveness", and I didn't enter the market because I was unwilling to miss the low point. Livermore said that he would mark the key points at which the market would reach the key points, and then you will find that the process of studying the key points is like digging for gold. This work is so fascinating that it is almost unbelievable. You will experience a unique pleasure and satisfaction in the successful transactions of independent judgment. I forgot Livermore's words: "Profits can always take care of themselves, and losses will never be automatically closed." Obviously, I could make a lot of money on the target, but because of my mentality, I directly stopped the profit position, which was too wrong. I know that he said and emphasized that he found the key point through the record of stock prices. The trading method and the price he found are actually his trading model. I am also very confident in my own trading system, but my problem is timing. I always enter the market early or I am not firm after entering the market.If there is no good time to intervene in a target, it will wear down your will to hold the stock. Therefore, in Livermore's entire trading system, he emphasizes time very much, and he is unwilling to waste too much time on a stock. The characteristics of the entire trading system are based on short-term. Quickly obtain profits. If this phenomenon does not occur, then he will reflect and think that there is a problem with his intervention point. I will also reflect frequently! Because my intervention point is also problematic. Livermore said: "The real market will not go from the beginning to the end in one day. The real market always takes a while to complete its ultimate stage." Therefore, I should learn from Mark Minervini's words on the timing of my existing trading system. Mark Minervini said: "A long time ago I learned that you can be a participant in building bases and fluctuations, or you can choose to take advantage of it, and I decided to be the latter. When you do nothing, the weak, unskilled and undisciplined people are laying the foundation for your success." Use trading rules to limit your own desires, use simple thinking and mentality, from diversity to purity, from complexity to simplicity; if I can do these, I believe that one day, I will realize my dream.