📄 Jesse Livermore: 10 timeless trading principles
The most legendary speculator of the early 20th century built his fortune by following these exact rules — and they still work today.
1. Big money comes from big moves
He made his fortune on weeks-long trends, not quick trades.
Money is made by sitting, not trading.
2. Cut losses, let winners run
He held shorts through 1907 and 1929 — and never touched them early.
It was never my thinking that made the big money… it was always my sitting.
3. Price action over fundamentals
He traded breakouts and tape, not balance sheets.
Buy right, sit tight.
4. Wait for confirmation
No guesses — only action after clear signals.
Being a little late is your insurance.
5. Fewer stocks, better focus
He preferred a tight watchlist.
It is much easier to watch a few than many.
6. Hold strength, sell weakness
He stayed in strong stocks until the market said otherwise.
As long as a stock is acting right - stay with it.
7. Never average down
One of his core commandments.
Let that thought be written indelibly upon your mind.
8. Take the first loss
Keeps capital clean for the next real trade.
Profits take care of themselves, but losses never do.
9. Winners show themselves early
He knew from experience — a good trade starts green.
10. Don’t force it
He only acted when the market gave him a reason.
Not many can always have adequate reasons for buying and selling daily.
❗Save this.
One hundred years later, these rules still separate pros from noise.
#BTC120kVs125kToday
#TradingStrategyMistakes
#Write2Earn
The most legendary speculator of the early 20th century built his fortune by following these exact rules — and they still work today.
1. Big money comes from big moves
He made his fortune on weeks-long trends, not quick trades.
Money is made by sitting, not trading.
2. Cut losses, let winners run
He held shorts through 1907 and 1929 — and never touched them early.
It was never my thinking that made the big money… it was always my sitting.
3. Price action over fundamentals
He traded breakouts and tape, not balance sheets.
Buy right, sit tight.
4. Wait for confirmation
No guesses — only action after clear signals.
Being a little late is your insurance.
5. Fewer stocks, better focus
He preferred a tight watchlist.
It is much easier to watch a few than many.
6. Hold strength, sell weakness
He stayed in strong stocks until the market said otherwise.
As long as a stock is acting right - stay with it.
7. Never average down
One of his core commandments.
Let that thought be written indelibly upon your mind.
8. Take the first loss
Keeps capital clean for the next real trade.
Profits take care of themselves, but losses never do.
9. Winners show themselves early
He knew from experience — a good trade starts green.
10. Don’t force it
He only acted when the market gave him a reason.
Not many can always have adequate reasons for buying and selling daily.
❗Save this.
One hundred years later, these rules still separate pros from noise.
#BTC120kVs125kToday
#TradingStrategyMistakes
#Write2Earn
