He will risk half his fortune in the stock market with less reflection that he devotes to the selection of a medium-priced… — Jesse Lauriston Livermore Copy Share Image
There is only one side to the stock market; and it is not the bull side or the bear side, but the… — Jesse Lauriston Livermore Copy Share Image
It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the… — Jesse Lauriston Livermore Copy Share Image
A man must study general conditions, to seize them so as to be able to anticipate probabilities. — Jesse Lauriston Livermore Copy Share Image
The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. — Jesse Lauriston Livermore Copy Share Image
A prudent speculator never argues with the tape. Markets are never wrong, opinions often are. — Jesse Lauriston Livermore Copy Share Image
A man must believe in himself and his judgement if he expects to make a living at this game. That is why… — Jesse Lauriston Livermore Copy Share Image
People who look for easy money invariable pay for the privilege of proving conclusively that it cannot be found on this earth. — Jesse Lauriston Livermore Copy Share Image
I did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit… — Jesse Lauriston Livermore Copy Share Image
Instead of hoping he must fear and instead of fearing he must hope. He must fear that his loss may develop into… — Jesse Lauriston Livermore Copy Share Image
The average man doesn't wish to be told that it is a bull or a bear market. What he desires is to… — Jesse Lauriston Livermore Copy Share Image
Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But… — Jesse Lauriston Livermore Copy Share Image
The desire for constant action irrespective of underlying conditions is responsible for many losses on Wall Street even among the professionals, who… — Jesse Lauriston Livermore Copy Share Image
One of the most helpful things that anybody can learn is to give up trying to catch the last eighth - or… — Jesse Lauriston Livermore Copy Share Image
"If I buy stocks on Smith's tip I must sell those same stocks on Smith's tip. I am depending on him. Suppose… — Jesse Lauriston Livermore Copy Share Image
He really meant to tell them that the big money was not in the individual fluctuations but in the main movements that… — Jesse Lauriston Livermore Copy Share Image
In a narrow market, when prices are not getting anywhere to speak of but move within a narrow range, there is no… — Jesse Lauriston Livermore Copy Share Image
Experience has proved to me that real money made in speculating has been in commitments in a stock or commodity showing a… — Jesse Lauriston Livermore Copy Share Image
It is what people actually did in the stock market that counted - not what they said they were going to do. — Jesse Lauriston Livermore Copy Share Image
Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the… — Jesse Lauriston Livermore Copy Share Image
On Pat Hearne - He made money in stocks, and that made people ask him for advice. He would never give any.… — Jesse Lauriston Livermore Copy Share Image
"I can't sleep" answered the nervous one. "Why not?" asked the friend. "I am carrying so much cotton that I can't sleep… — Jesse Lauriston Livermore Copy Share Image
If you can't sleep at night because of your stock market position, then you have gone too far. If this is the… — Jesse Lauriston Livermore Copy Share Image
I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or… — Jesse Lauriston Livermore Copy Share Image
Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance… — Jesse Lauriston Livermore Copy Share Image
Professional traders have always had some system or other based upon their experience and governed either by their attitude towards speculation or… — Jesse Lauriston Livermore Copy Share Image
I don't know whether I make myself plain, but I never lose my temper over the stock market. I never argue with… — Jesse Lauriston Livermore Copy Share Image
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It… — Jesse Lauriston Livermore Copy Share Image
It is foolhardy to make a second trade, if your first trade shows you a loss. Never average losses. Let this thought… — Jesse Lauriston Livermore Copy Share Image
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was… — Jesse Lauriston Livermore Copy Share
Disregarding the big swing and trying to jump in and out was fatal to me. Nobody can catch all the fluctuations. In a bull… — Jesse Lauriston Livermore Copy Share
My main life lesson from investing: self-interest is the most powerful force on earth, and can get people to embrace and defend almost anything. — Jesse Lauriston Livermore Copy Share
Every once in a while you must go to cash, take a break, take a vacation. Don't try to play the market all the… — Jesse Lauriston Livermore Copy Share
The only thing to do when a man is wrong is to be right by ceasing to be wrong. — Jesse Lauriston Livermore Copy Share
Never try to sell at the top. It isn't wise. Sell after a reaction if there is no rally. — Jesse Lauriston Livermore Copy Share
When a man is right he wants to get all that is coming to him for being right. — Jesse Lauriston Livermore Copy Share
I know from experience that nobody can give me a tip or a series of tips that will make more money for me than… — Jesse Lauriston Livermore Copy Share
To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate. — Jesse Lauriston Livermore Copy Share
It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of… — Jesse Lauriston Livermore Copy Share
A man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured… — Jesse Lauriston Livermore Copy Share
The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. — Jesse Lauriston Livermore Copy Share
The average man doesn't wish to be told that it is a bull or a bear market. What he desires is to be told… — Jesse Lauriston Livermore Copy Share
Speculation is a hard and trying business, and a speculator must be on the job all the time or he'll soon have no job… — Jesse Lauriston Livermore Copy Share
