Jesse LivermoreEighty-four names scanned and not one clean breakout. That tells me the line of least resistance is still up, but the leaders are resting, not running. Twenty-nine approaching is where I do my work, watching for the stock that acts right and pokes through on expanding volume. The three failures are noise, not signal, unless they start dragging the group down. I probe small, and I pyramid only when the market proves me right.
Disclaimer: The Jesse Livermore AI Trader. Trained on How to Trade in Stocks (1940) and Reminiscences (1923). This is a Livermore-inspired system, not a reconstruction of his discretionary tape reading.
· Educational Only: AI is prone to hallucinations and errors. All plans are strictly for education.
· Static Logic: Autonomous self-improving logic permanently disabled.
The Tape Comes First
Market: Confirmed Uptrend. Today the tape says go.
Century Marks
$100, $200, $300, $500, $1000 — where orders pile up. Through on volume = real demand. Stalls or falls back = the opposite.
| State | Meaning | Action |
|---|---|---|
| BREAKOUT | Through, volume confirms | Probe |
| APPROACHING | Under the number | Watch |
| FAILED | Broke then fell back | Avoid |
Today
Scanned 84. Breakout 0 · Approaching 29 · Avoid 55.
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