Livermore's Eight Principles of Trading:

1. Reverse thinking: When FUD (Fear, Uncertainty, Doubt) is high, there are often hidden opportunities.
2. Go with the flow: Be cautious in a bear market, and act boldly in a bull market.
3. Focus on leaders: prioritize buying leaders (the frontrunners).
4. Build positions in batches: Consider adding positions when the price rises; a good trade should be profitable as soon as it’s entered.
5. Emotional Discipline: Avoid impulsive gambling and maintain rationality.
6. Be patient: Only take your shot at the best moment within the hitting zone.
7. Minimum Resistance: Operate in the direction of the market trend.
8. Decisive Stop Loss: Once the trend reverses, exit quickly to preserve capital or minimize losses. #NXPC Launchpool #PPI数据公布 #稳定币立法