The market always does what it should do, but not always when — Jesse Lauriston Livermore Copy Share Image
Most people, whether bull or bear, when they are right, are right for the wrong reason, in my opinion. — 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
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
A man must study general conditions, to seize them so as to be able to anticipate probabilities. — Jesse Lauriston Livermore Copy Share Image
There are times when you should be completely out of the market, for emotional as well as economic reasons. — 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
The stock market is never obvious. It is designed to fool most of the people, most of the time. — Jesse Lauriston Livermore Copy Share Image
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
They say you never grow poor taking profits. No, you don't. But neither do you grow rich taking a four-point profit in… — Jesse Lauriston Livermore Copy Share Image
When I'm bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I… — 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
Every once in a while you must go to cash, take a break, take a vacation. Don't try to play the market… — 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
My main life lesson from investing: self-interest is the most powerful force on earth, and can get people to embrace and defend… — 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
I have always played a lone hand. It is the way my mind works. I have to do my own seeing and… — Jesse Lauriston Livermore Copy Share Image
For instance, let us say that a new stock has been listed in the last two or three years and its high… — 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
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
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
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
A man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as… — Jesse Lauriston Livermore Copy Share Image
Just remember, without discipline, a clear strategy, and a concise plan, the speculator will fall into all the emotional pitfalls of the… — 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
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
At long as a stock is acting right, and the market is right, do not be in a hurry to take profits.… — Jesse Lauriston Livermore Copy Share Image
The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid,… — 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
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
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
“set your own rules and stick to them; never argue with the market; never make a play you can’t afford; never give… — 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
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
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
I never argue with the tape. To be angry at the market because it unexpectedly or even illogically goes against you is… — 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
A market does not culminate in one grand blaze of glory. Neither does it end with a sudden reversal of form. A… — 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
