How to make “big money”…

Sideways markets — the past two+ years for globally diversified portfolios would be the definition — can be supremely frustrating periods for long-term investors. Jesse Livermore, a famous trader who won and lost several fortunes during his lifetime, knew a simple truth (even if he couldn’t adhere to it himself).

Ran across this yesterday:     click, then click again, to enlarge

Jesse Livermore chart

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