Lessons that you should learn from Jesse Livermore the world greatest trader.
1) Find the trend of the market.
. It means if market goes up so you can buy but market goes down so you should avoid buying.
2) Cut your losses when they are small.
. Means you have to cut your positions which are in loss. It's benefit is you can avoid your big losses.
3) Probing and pyramiding technique.
. This technique is very useful for swing trader lets understand this technique in this technique you can make money easily. When you make any position in any kind of stock so don't invest all your money because it can be risky. So you should buy some quantity when your position giving profit so you can add more quantity. This is probing and pyramiding technique.
4) Do not exit a trade without a reason.
. It's mean when you not see any kind of thing on chart that indicates your trade will goes down. So never exit a trade without a reason.
