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Today’s Trading Clipwww.tradecamp.co.uk

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The Number One Trading

Rule

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“ 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

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What’s he saying?

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Run your profitsNOT your losses

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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

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“ 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

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Today’s Trading Clipwww.tradecamp.co.uk