1.6 KiB
Entity Title: Bucket Shops
Definition
Bucket shops are facilities where individuals could trade stocks in small quantities, often with unscrupulous practices focused on exploiting customer behavior rather than genuine trading.
Category
market
Entity Title: Larry Livingston
Definition
Larry Livingston is a pseudonym used by the narrator, who became well-known for successfully trading and defeating bucket shops.
Category
trader
Entity Title: Boy Plunger
Definition
The nickname "Boy Plunger" was given to the narrator due to his aggressive trading style and ability to beat the bucket shops.
Category
trader
Entity Title: Cosmopolitan Stock Brokerage Company
Definition
The Cosmopolitan Stock Brokerage Company is depicted as a large, reputable brokerage firm where the narrator eventually found a place to trade, known for its extensive business and numerous branches.
Category
institution
Entity Title: Margin
Definition
Margin refers to the funds required to open and maintain a trading position, influencing the level of risk associated with trades. In this context, it reflects the narrator's experience with different amounts of capital and the behavior of risk.
Category
evidence_bearing_claim
Source Evidence
"If all I have is ten dollars and I risk it, I am much braver than when I risk a million..."
Entity Title: Trading Strategy
Definition
The narrator's approach involves starting with small positions in stocks and escalating his trades as he gains confidence, often using deception to outmaneuver brokers.
Category
strategy