Jesse Livermore famous quotes:
“Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader.”
- Jesse Lauriston Livermore.
“There is nothing new in Wall Street. There can’t be because speculation is as old as the hills....
The average up strategy provides Huge wins, Small losses and Risk minimized.
Use RANGE-CHART for this, so you could see the Buy setups more easily with less noise or time distortion.
First
You look for a buy setup, one that you believe that price should move rapidly from your starting buy point (you expect ab big relative move).
Second
You add up...
