What the Man Who Shorted the 1929 Crash Knew

David Mitchell • September 5, 2022

“The sittin’ and the waitin’ is important. You have to sit and wait for all factors to come together to merge into the perfect play.” -Jesse Livermore


One of the most important traits of a great trader is patience.  You have to know how to sit on your hands and wait.


It takes patience to not be in the market all the time. It takes patience to wait for a great play.


And if you
don’t have the patience to wait for a great play, you’ll reach for a mediocre play. (And you really don’t want to do that.)


Jesse Livermore knows something about waiting.


He predicted the crash of 1929. As a matter of fact
he made $100,000,000 in one day (that’s about 1.7 billion dollars today) shorting stocks right before the crash.


What did Jesse Livermore know that other traders didn’t?
That’s what today’s episode is all about. 


Did you love this? Share it with your family & friends!

By Dave Huber July 21, 2025
Does your trading performance seem stuck? Maybe you’re doing the research, you’re watching the markets, you’re using the tools…but you just can’t seem to get the results you’re hoping for. The truth is, you might be sabotaging yourself with some sneaky beliefs that are known to derail traders. Today I’m breaking down five personal beliefs that could be keeping your trading stuck. And trust me–these are way more common than you think. So grab a notebook and let’s dive in.
By Dave Huber July 21, 2025
 Does your trading performance seem stuck? Maybe you’re doing the research, you’re watching the markets, you’re using the tools…but you just can’t seem to get the results you’re hoping for. The truth is, you might be sabotaging yourself with some sneaky beliefs that are known to derail traders. Today I’m breaking down five personal beliefs that could be keeping your trading stuck. And trust me–these are way more common than you think. So grab a notebook and let’s dive in.
By Dave Huber July 7, 2025
Today I’m exposing three popular pieces of trading advice that sound smart but can actually wreck your trading performance. If you’re serious about becoming a consistently profitable trader, listen to this one all the way through.
By Dave Huber July 7, 2025
Today I’m exposing three popular pieces of trading advice that sound smart but can actually wreck your trading performance. If you’re serious about becoming a consistently profitable trader, listen to this one all the way through.
By Ben Mitchell June 30, 2025
What if I told you that the Bible teaches that you can use debt to get out of poverty? Today I want to take on the question “Is it okay to take on debt as a Christian?” Now debt is obviously a big topic, and people tend to have a lot of opinions about it. My hope is that I’m able to bring some Biblical clarity to the issue and offer some things for you to think about. Let’s get into it.
By Ben Mitchell June 30, 2025
What if I told you that the Bible teaches that you can use debt to get out of poverty? Today I want to take on the question “Is it okay to take on debt as a Christian?” Now debt is obviously a big topic, and people tend to have a lot of opinions about it. My hope is that I’m able to bring some Biblical clarity to the issue and offer some things for you to think about. Let’s get into it.
By Ben Mitchell June 23, 2025
What does it mean for TRADEway to be a faith-based stock market education company? We started our company with a specific audience in mind–God’s people–to equip them with decades worth of knowledge and experience in the business world so that they too could go out and make a difference. Because let’s face it–it’s going to take some money to build a Christian culture and expand God’s kingdom. Remember, God works through means. And you–my brothers and sisters–are the means that he uses to make these things happen. The Lord wants us to thrive financially. We see this throughout scripture. And so what better place to go than to His word as our guide.
By Ben Mitchell June 23, 2025
What does it mean for TRADEway to be a faith-based stock market education company? We started our company with a specific audience in mind–God’s people–to equip them with decades worth of knowledge and experience in the business world so that they too could go out and make a difference. Because let’s face it–it’s going to take some money to build a Christian culture and expand God’s kingdom. Remember, God works through means. And you–my brothers and sisters–are the means that he uses to make these things happen. The Lord wants us to thrive financially. We see this throughout scripture. And so what better place to go than to His word as our guide.
By David Mitchell June 16, 2025
If you’ve been struggling with your long-term savings goals, you’re not alone and I can help. It’s normal for your account to fluctuate with the markets, but overall, your account should be increasing each month. If it’s not, don’t panic. Just listen to this all the way through, because I’m about to reveal three unusual ways to potentially boost your long-term savings accounts.
By David Mitchell June 16, 2025
If you’ve been struggling with your long-term savings goals, you’re not alone and I can help. It’s normal for your account to fluctuate with the markets, but overall, your account should be increasing each month. If it’s not, don’t panic. Just listen to this all the way through, because I’m about to reveal three unusual ways to potentially boost your long-term savings accounts.
Show More
By Dave Huber July 21, 2025
Does your trading performance seem stuck? Maybe you’re doing the research, you’re watching the markets, you’re using the tools…but you just can’t seem to get the results you’re hoping for. The truth is, you might be sabotaging yourself with some sneaky beliefs that are known to derail traders. Today I’m breaking down five personal beliefs that could be keeping your trading stuck. And trust me–these are way more common than you think. So grab a notebook and let’s dive in.
By Dave Huber July 21, 2025
 Does your trading performance seem stuck? Maybe you’re doing the research, you’re watching the markets, you’re using the tools…but you just can’t seem to get the results you’re hoping for. The truth is, you might be sabotaging yourself with some sneaky beliefs that are known to derail traders. Today I’m breaking down five personal beliefs that could be keeping your trading stuck. And trust me–these are way more common than you think. So grab a notebook and let’s dive in.
By Dave Huber July 7, 2025
Today I’m exposing three popular pieces of trading advice that sound smart but can actually wreck your trading performance. If you’re serious about becoming a consistently profitable trader, listen to this one all the way through.
By Dave Huber July 7, 2025
Today I’m exposing three popular pieces of trading advice that sound smart but can actually wreck your trading performance. If you’re serious about becoming a consistently profitable trader, listen to this one all the way through.
By Ben Mitchell June 30, 2025
What if I told you that the Bible teaches that you can use debt to get out of poverty? Today I want to take on the question “Is it okay to take on debt as a Christian?” Now debt is obviously a big topic, and people tend to have a lot of opinions about it. My hope is that I’m able to bring some Biblical clarity to the issue and offer some things for you to think about. Let’s get into it.
By Ben Mitchell June 30, 2025
What if I told you that the Bible teaches that you can use debt to get out of poverty? Today I want to take on the question “Is it okay to take on debt as a Christian?” Now debt is obviously a big topic, and people tend to have a lot of opinions about it. My hope is that I’m able to bring some Biblical clarity to the issue and offer some things for you to think about. Let’s get into it.
By Ben Mitchell June 23, 2025
What does it mean for TRADEway to be a faith-based stock market education company? We started our company with a specific audience in mind–God’s people–to equip them with decades worth of knowledge and experience in the business world so that they too could go out and make a difference. Because let’s face it–it’s going to take some money to build a Christian culture and expand God’s kingdom. Remember, God works through means. And you–my brothers and sisters–are the means that he uses to make these things happen. The Lord wants us to thrive financially. We see this throughout scripture. And so what better place to go than to His word as our guide.
By Ben Mitchell June 23, 2025
What does it mean for TRADEway to be a faith-based stock market education company? We started our company with a specific audience in mind–God’s people–to equip them with decades worth of knowledge and experience in the business world so that they too could go out and make a difference. Because let’s face it–it’s going to take some money to build a Christian culture and expand God’s kingdom. Remember, God works through means. And you–my brothers and sisters–are the means that he uses to make these things happen. The Lord wants us to thrive financially. We see this throughout scripture. And so what better place to go than to His word as our guide.
By David Mitchell June 16, 2025
If you’ve been struggling with your long-term savings goals, you’re not alone and I can help. It’s normal for your account to fluctuate with the markets, but overall, your account should be increasing each month. If it’s not, don’t panic. Just listen to this all the way through, because I’m about to reveal three unusual ways to potentially boost your long-term savings accounts.
By David Mitchell June 16, 2025
If you’ve been struggling with your long-term savings goals, you’re not alone and I can help. It’s normal for your account to fluctuate with the markets, but overall, your account should be increasing each month. If it’s not, don’t panic. Just listen to this all the way through, because I’m about to reveal three unusual ways to potentially boost your long-term savings accounts.
Show More
By Dave Huber July 21, 2025
Does your trading performance seem stuck? Maybe you’re doing the research, you’re watching the markets, you’re using the tools…but you just can’t seem to get the results you’re hoping for. The truth is, you might be sabotaging yourself with some sneaky beliefs that are known to derail traders. Today I’m breaking down five personal beliefs that could be keeping your trading stuck. And trust me–these are way more common than you think. So grab a notebook and let’s dive in.
By Dave Huber July 21, 2025
 Does your trading performance seem stuck? Maybe you’re doing the research, you’re watching the markets, you’re using the tools…but you just can’t seem to get the results you’re hoping for. The truth is, you might be sabotaging yourself with some sneaky beliefs that are known to derail traders. Today I’m breaking down five personal beliefs that could be keeping your trading stuck. And trust me–these are way more common than you think. So grab a notebook and let’s dive in.
By Dave Huber July 7, 2025
Today I’m exposing three popular pieces of trading advice that sound smart but can actually wreck your trading performance. If you’re serious about becoming a consistently profitable trader, listen to this one all the way through.
By Dave Huber July 7, 2025
Today I’m exposing three popular pieces of trading advice that sound smart but can actually wreck your trading performance. If you’re serious about becoming a consistently profitable trader, listen to this one all the way through.
By Ben Mitchell June 30, 2025
What if I told you that the Bible teaches that you can use debt to get out of poverty? Today I want to take on the question “Is it okay to take on debt as a Christian?” Now debt is obviously a big topic, and people tend to have a lot of opinions about it. My hope is that I’m able to bring some Biblical clarity to the issue and offer some things for you to think about. Let’s get into it.
By Ben Mitchell June 30, 2025
What if I told you that the Bible teaches that you can use debt to get out of poverty? Today I want to take on the question “Is it okay to take on debt as a Christian?” Now debt is obviously a big topic, and people tend to have a lot of opinions about it. My hope is that I’m able to bring some Biblical clarity to the issue and offer some things for you to think about. Let’s get into it.
By Ben Mitchell June 23, 2025
What does it mean for TRADEway to be a faith-based stock market education company? We started our company with a specific audience in mind–God’s people–to equip them with decades worth of knowledge and experience in the business world so that they too could go out and make a difference. Because let’s face it–it’s going to take some money to build a Christian culture and expand God’s kingdom. Remember, God works through means. And you–my brothers and sisters–are the means that he uses to make these things happen. The Lord wants us to thrive financially. We see this throughout scripture. And so what better place to go than to His word as our guide.
By Ben Mitchell June 23, 2025
What does it mean for TRADEway to be a faith-based stock market education company? We started our company with a specific audience in mind–God’s people–to equip them with decades worth of knowledge and experience in the business world so that they too could go out and make a difference. Because let’s face it–it’s going to take some money to build a Christian culture and expand God’s kingdom. Remember, God works through means. And you–my brothers and sisters–are the means that he uses to make these things happen. The Lord wants us to thrive financially. We see this throughout scripture. And so what better place to go than to His word as our guide.
By David Mitchell June 16, 2025
If you’ve been struggling with your long-term savings goals, you’re not alone and I can help. It’s normal for your account to fluctuate with the markets, but overall, your account should be increasing each month. If it’s not, don’t panic. Just listen to this all the way through, because I’m about to reveal three unusual ways to potentially boost your long-term savings accounts.
By David Mitchell June 16, 2025
If you’ve been struggling with your long-term savings goals, you’re not alone and I can help. It’s normal for your account to fluctuate with the markets, but overall, your account should be increasing each month. If it’s not, don’t panic. Just listen to this all the way through, because I’m about to reveal three unusual ways to potentially boost your long-term savings accounts.
Show More
By Dave Huber July 21, 2025
Does your trading performance seem stuck? Maybe you’re doing the research, you’re watching the markets, you’re using the tools…but you just can’t seem to get the results you’re hoping for. The truth is, you might be sabotaging yourself with some sneaky beliefs that are known to derail traders. Today I’m breaking down five personal beliefs that could be keeping your trading stuck. And trust me–these are way more common than you think. So grab a notebook and let’s dive in.
By Dave Huber July 21, 2025
 Does your trading performance seem stuck? Maybe you’re doing the research, you’re watching the markets, you’re using the tools…but you just can’t seem to get the results you’re hoping for. The truth is, you might be sabotaging yourself with some sneaky beliefs that are known to derail traders. Today I’m breaking down five personal beliefs that could be keeping your trading stuck. And trust me–these are way more common than you think. So grab a notebook and let’s dive in.
By Dave Huber July 7, 2025
Today I’m exposing three popular pieces of trading advice that sound smart but can actually wreck your trading performance. If you’re serious about becoming a consistently profitable trader, listen to this one all the way through.
By Dave Huber July 7, 2025
Today I’m exposing three popular pieces of trading advice that sound smart but can actually wreck your trading performance. If you’re serious about becoming a consistently profitable trader, listen to this one all the way through.
By Ben Mitchell June 30, 2025
What if I told you that the Bible teaches that you can use debt to get out of poverty? Today I want to take on the question “Is it okay to take on debt as a Christian?” Now debt is obviously a big topic, and people tend to have a lot of opinions about it. My hope is that I’m able to bring some Biblical clarity to the issue and offer some things for you to think about. Let’s get into it.
By Ben Mitchell June 30, 2025
What if I told you that the Bible teaches that you can use debt to get out of poverty? Today I want to take on the question “Is it okay to take on debt as a Christian?” Now debt is obviously a big topic, and people tend to have a lot of opinions about it. My hope is that I’m able to bring some Biblical clarity to the issue and offer some things for you to think about. Let’s get into it.
By Ben Mitchell June 23, 2025
What does it mean for TRADEway to be a faith-based stock market education company? We started our company with a specific audience in mind–God’s people–to equip them with decades worth of knowledge and experience in the business world so that they too could go out and make a difference. Because let’s face it–it’s going to take some money to build a Christian culture and expand God’s kingdom. Remember, God works through means. And you–my brothers and sisters–are the means that he uses to make these things happen. The Lord wants us to thrive financially. We see this throughout scripture. And so what better place to go than to His word as our guide.
By Ben Mitchell June 23, 2025
What does it mean for TRADEway to be a faith-based stock market education company? We started our company with a specific audience in mind–God’s people–to equip them with decades worth of knowledge and experience in the business world so that they too could go out and make a difference. Because let’s face it–it’s going to take some money to build a Christian culture and expand God’s kingdom. Remember, God works through means. And you–my brothers and sisters–are the means that he uses to make these things happen. The Lord wants us to thrive financially. We see this throughout scripture. And so what better place to go than to His word as our guide.
By David Mitchell June 16, 2025
If you’ve been struggling with your long-term savings goals, you’re not alone and I can help. It’s normal for your account to fluctuate with the markets, but overall, your account should be increasing each month. If it’s not, don’t panic. Just listen to this all the way through, because I’m about to reveal three unusual ways to potentially boost your long-term savings accounts.
By David Mitchell June 16, 2025
If you’ve been struggling with your long-term savings goals, you’re not alone and I can help. It’s normal for your account to fluctuate with the markets, but overall, your account should be increasing each month. If it’s not, don’t panic. Just listen to this all the way through, because I’m about to reveal three unusual ways to potentially boost your long-term savings accounts.
Show More