Livermore's Eight Trading Principles:

1. Contrarian Thinking: When FUD (Fear, Uncertainty, Doubt) is high, opportunities often lie hidden.

2. Follow the Trend: Be cautious in bear markets and bold in bull markets.

3. Focus on Leaders: Prioritize buying leading stocks (the front runners).

4. Build Positions Gradually: Consider adding to your position during an uptrend; a good trade should profit as soon as it is entered.

5. Emotional Discipline: Avoid impulsive gambling and maintain rationality.

6. Patient Waiting: Only take action at the best moment within the hitting zone.

7. Least Resistance: Operate in the direction of market trends.

8. Decisive Stop-Loss: Exit quickly once the trend reverses to preserve capital or minimize losses.$BTC $ETH