Trading and Emotion, page-16

just found this.............

it's from Jesse Livermore (Remininces of a Stock Operator) and posted by a medico/trader. It explains why the books won't teach you trading and hence why they are,at best, only a starting guide. They can't transfer experiance. That's why most fail.

Just 2 other quick tips....

google the 2% rule and  learn to use it.

and i think I seen somewhere on H/C, maybe the STT thread about a $5,000 trading idea. Wouldn't think you could get in much trouble with that. And if you culd grow that to double in a while, without being lucky, reckon you could be on your way. But don't add to it until you gain your confidence and knowledge.

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