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| Jesse Livermore's Trading Mindset |
This chart shows when Jesse Livermore begin to build his position and how to manage them accordingly.
The core idea of his trading system is only pull the trigger when both Stocks and Industry Group confirm each other with important action of price and volume, after that the only thing you should do is to pay attention to the potential risk. If everything looks normal then just hold your position, do not sell it too soon, which might grow to a big profits later. Only when some abnormal situations occurred then you begin to consider close your positions.
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