Trading lessons #1: Jesse Livermore Tips
1>Buy rising stocks and sell falling stocks.
2>Only enter a trade after the action of the market confirms your opinion and then enter promptly
3>Continue with trades that show you a profit, end trades that show a loss.
4>Never average losses by, for example, buying more of a stock that has fallen.
5>Don't become an involuntary investor by holding onto stocks whose price has fallen
6>The highest profits are made in trades that show a profit right from the start.