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The Economic Times
The Economic Times
Business
Anupam Nagar

When to book profits and when to sit tight: Timeless investing lessons from Jesse Livermore

Every investor eventually faces the same dilemma: should you book profits after a sharp rally or continue holding in the hope of bigger gains?

While buying decisions usually revolve around valuation and opportunity, selling decisions are often clouded by emotions such as fear of losing gains, greed for higher returns, or regret over exiting too early. Few market legends have explained this challenge better than Jesse Livermore, the legendary trader widely known as the "Great Bear of Wall Street".

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