Attitude Quote by Jesse Lauriston Livermore
“Professional traders have always had some system or other based upon their experience and governed either by their attitude towards speculation or by their desires.”
About This Quote
Source Book: “Reminiscences of a Stock Operator”, 1923
Traders rely on personal systems shaped by attitude and desire, influencing speculative behavior.
In simple terms: Trading systems stem from mindset and wants.
Align strategy with true motives.
Themes
Mood
Type
When to use this quote
- investment decisions
- portfolio building
- market analysis
Key Concepts
Questions to Reflect On
- What drives your trading decisions?
- How do desires affect risk tolerance?
Over‑reliance on intuition can cause losses.