Jesse Livermore Risk Management Checklist

RULE 1: NEVER RISK MORE THAN 10%,

RULE 2: ALWAYS ESTABLISH A STOP,

RULE 3: KEEP CASH IN RESERVE ,

RULE 4: NEVER AVERAGE DOWN ,

RULE 5: LET PROFITS RUN ,

RULE 6: REACT, DON’T PREDICT,

RULE 7: CONTROL YOUR EMOTIONS,

RULE 8: THE MARKET IS DESIGNED TO FOOL YOU