Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes. — 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 feel that they must take home some money every day, as though they were working for regular wages. — 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 Image
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 Image
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 Image
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 Image
The only thing to do when a man is wrong is to be right by ceasing to be wrong. — Jesse Lauriston Livermore Copy Share Image
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 Image
When a man is right he wants to get all that is coming to him for being right. — Jesse Lauriston Livermore Copy Share Image
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 Image
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 Image
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 Image
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 Image
