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www.tradecamp.co.uk
Today’s Trading Clipwww.tradecamp.co.uk
www.tradecamp.co.uk
The Number One Trading
Rule
www.tradecamp.co.uk
“ I did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold
it out...Always sell what shows you a loss and keep what shows you a profit”
- Jesse Livermore
www.tradecamp.co.uk
What’s he saying?
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Run your profitsNOT your losses
www.tradecamp.co.uk
Don’t get emotional- it’s not a sport
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You will getsome wrong
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George Soros only gets3-4 out ten right.
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So how is heso successful?
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He runs his profitsNOT his losses
www.tradecamp.co.uk
“ I did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat
showed me a profit and I sold it out. Of all the speculative blunders there are few greater than trying to average a losing game. Always sell
what shows you a loss and keep what shows you a profit”
- Jesse Livermore
www.tradecamp.co.uk
Today’s Trading Clipwww.tradecamp.co.uk
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