Buy High, Sell Higher: Spot the Leaders, Ditch the Laggards

Why cutting losers and riding winners is the only real trading edge...

That’s not just a question.

It’s the question.

As traders, this is the heartbeat of everything we do.

Relative strength has been studied for over a century. And back in 1923, Jesse Livermore nailed it:

“I did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders, there are few greater than trying to average a losing game… Always sell what shows you a loss and keep what shows you a profit.”
— Reminiscences of a Stock Operator

It’s advice almost no one wants to follow.

Everyone thinks the secret to trading is buy low, sell high.

But the real secret?

Buy high, sell higher and then let those winners run!

Letting winners run isn’t just smart — it’s how careers are made.

So… what’s leading this week?