The investment strategy of Livermore, who once fought against J.P. Morgan:

First buy 20% as the base position,

If you buy it wrong,

Stop loss immediately when it drops 10%,

The loss amount is 2% of the total position.

If you buy it right, add 20% immediately for every 10% increase,

The last time you add 40%,

As long as it does not fall below 10%,

Hold it,

Once it falls below 10%,

Immediately sell all positions.

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