•Stock Trading RulesJesse Livermore's Trading Rules
Here are the stock trading rules that made Jesse Livermore's one of the world's greatest fortunes. Many successful stock and commodity traders still base their methods on these rules.
Livermore constructed his rules over several years, while learning by trial and error what worked on the markets. He was guided by one of his favorite principles:
"There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again."