Livermore's rules come down to a few ideas: trade the main trend, wait for confirmation, cut losses fast, never average down. See each with his quotes.
Trading Strategies & Systems
All articles, page 6
A short squeeze forces short sellers to buy back a stock and push it higher. How short interest works, what a bear trap is, and what GameStop showed.
New day traders lose to professionals for five repeatable reasons, such as trading without a written plan and holding losers. See each one and its fix.
You cannot buy the exact bottom, but you can time the market well enough. Two simple ways to pick bottoms and tops, tested on S&P 500 bears since 1950.
Too much market news and experts who disagree? Two rules for trading it: split facts from opinions, and let the chart, not the headline, make the call.