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By the age of twenty, Livermore had accumulated approximately $10,000—an impressive feat that soon caught the attention of various bucket shop owners, leading to his eventual blacklisting from several establishments. Nonetheless, Livermore was undeterred and set his sights on the New York Stock Exchange. However, his foray into legitimate trading was met with harsh lessons as he rapidly lost everything. Wall Street was a far cry from the New York bucket shops, where the dynamics and factors influencing stock prices were vastly different.