FIL
The King of Speculation
Livermore Buying Method
1. 20% of the chips are used as the bottom position for buying.
2. If you make a mistake, leave the market immediately when it drops to 10%, and only lose 2% of the total position.
3. If you make a mistake, add 20% to your position every time it rises by 10%, and add 30% directly the next time.
4. Hold firmly if it does not fall below 10%, and leave the market immediately if it retreats by 10%!
What you are waiting for is to reach the key position at the bottom before taking action. Cognition, waiting, key position!
Multiple and short tips: entry position and stop loss position!
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