According to @QCompounding, Jesse Livermore quit his job at age 16 to trade full time, source: @QCompounding on X, Jan 7, 2026. In a few years he earned 10,000, a significant sum for that era, source: @QCompounding on X, Jan 7, 2026. His consistent profitability led bucket shops to ban him from trading, source: @QCompounding on X, Jan 7, 2026. He attempted to bypass the bans by wearing disguises to continue trading but was still identified and stopped, source: @QCompounding on X, Jan 7, 2026.

According to Compounding Quality (@QCompounding), Jesse Livermore began full-time trading at age 16, quickly amassing $10,000—a significant sum for the era—by leveraging superior trading tactics. His consistent profits led to being banned from bucket shops, showing how advanced trading skills can disrupt traditional markets. For crypto traders, Livermore’s experience highlights the value of adaptive strategies and risk management, especially as exchanges evolve to counteract market-beating approaches (Source: @QCompounding, June 3, 2025).

According to ZachXBT, promoting reputable exchanges like Binance or Bybit is beneficial, but misleading followers through Photoshop PNL or promoting bucket shops is harmful.