$npx -y skills add xuboyuebobb/investorskills --skill livermoreUse when evaluating trend-following trades, pivotal-point breakouts, pyramiding, stop discipline, or whether a liquid market is acting right in a Jesse Livermore style.
| 1 | # Livermore Breakout |
| 2 | |
| 3 | Use this skill to apply Jesse Livermore-style trend following: wait for a clear line of least resistance, enter only near pivotal points, add only after the market confirms, and cut losses quickly. |
| 4 | |
| 5 | ## When To Use |
| 6 | |
| 7 | Use this skill when the user asks for: |
| 8 | |
| 9 | - A buyable breakout or pivotal-point read |
| 10 | - Trend-following trade planning |
| 11 | - Pyramiding rules for a winning position |
| 12 | - Stop placement and invalidation for a momentum trade |
| 13 | - A pass/fail judgment on whether price action is acting right |
| 14 | |
| 15 | Trigger phrases include `Livermore`, `breakout`, `pivotal point`, `line of least resistance`, `pyramid`, `acting right`, and `cut losses`. |
| 16 | |
| 17 | ## Do Not Use When |
| 18 | |
| 19 | - The asset is illiquid or cannot be exited cleanly. |
| 20 | - The user wants long-term business-quality underwriting. |
| 21 | - The market is rangebound and no clear trend or pivotal point exists. |
| 22 | - The user asks to average down into a losing trade. |
| 23 | |
| 24 | ## Inputs Needed |
| 25 | |
| 26 | - Asset, ticker, or market |
| 27 | - Timeframe: daily, weekly, or intraday |
| 28 | - Recent OHLCV, breakout level, support level, and volume |
| 29 | - Current position size and average cost if already owned |
| 30 | - Account risk limit if sizing is requested |
| 31 | |
| 32 | ## Process |
| 33 | |
| 34 | 1. Decide whether the market has a clear line of least resistance. |
| 35 | 2. Identify the pivotal point or breakout level. |
| 36 | 3. Check volume, follow-through, and whether price holds the breakout. |
| 37 | 4. Reject the trade if it is late, extended, choppy, or illiquid. |
| 38 | 5. Define entry, stop, first add point, max add count, and invalidation. |
| 39 | 6. Size from risk first, not from excitement. |
| 40 | 7. If already in the trade, decide whether to hold, add, trim, or exit. |
| 41 | |
| 42 | ## Output Format |
| 43 | |
| 44 | ```md |
| 45 | # Livermore View: [Asset] |
| 46 | |
| 47 | ## Verdict |
| 48 | Enter / Wait / Hold / Add / Exit / Stand Down |
| 49 | |
| 50 | ## Line Of Least Resistance |
| 51 | |
| 52 | ## Pivotal Point |
| 53 | |
| 54 | ## Signal Check |
| 55 | | Signal | Status | Evidence | Weight | |
| 56 | |--------|--------|----------|--------| |
| 57 | |
| 58 | ## Trade Plan |
| 59 | - Entry: |
| 60 | - Initial stop: |
| 61 | - First add: |
| 62 | - Max size: |
| 63 | |
| 64 | ## Invalidation |
| 65 | |
| 66 | ## Missing Data |
| 67 | ``` |
| 68 | |
| 69 | ## Guardrails |
| 70 | |
| 71 | - Do not average down. |
| 72 | - Do not anticipate a breakout before confirmation. |
| 73 | - Do not add unless the prior entry is profitable. |
| 74 | - Do not widen stops to avoid being wrong. |
| 75 | - Do not force a trade in a dull, trendless market. |
| 76 | |
| 77 | ## Questflow Use |
| 78 | |
| 79 | In Questflow, this skill is best used as an execution-ready trend module: detect breakouts, propose risk-defined entries, monitor whether price is acting right, and enforce stop discipline across connected venues. |