Famous Jesse Livermore Quotes

Jesse Livermore Quotes:-  Jesse Livermore was from America. He was an investor and security analyst. Jesse Livermore Famous Quotes tell us the biggest truth of life. He teaches us that only our own money can help us grow and not the money donated by other people. Jesse Livermore Quotes about Arguing teach us a great lesson. He says that we should see our own faults and shouldn’t get angry with others. Jesse Livermore Quotes about Trade has some useful tips for traders. Jesse Livermore Quotes about Mistakes motivate us to learn from mistakes. You don’t always need to learn from your own mistakes, instead make use of others mistakes. Jesse Livermore Quotes about Business talk about stock and ideas for business. These are better meant for businessmen. Jesse Livermore Quotes about Losing has some of his experiences which teach us a lot of things. Jesse Livermore Quotes about Study suggest you study general conditions and try to understand them. Jesse Livermore Quotes about Desire are attentive. He considers constant desires bad. Jesse Livermore Quotes about Wall are about wall street people, their mistakes, and their ethics. Jesse Livermore Quotes about Opinions discuss certain situations and tell us how people react to them. Jesse Livermore Quotes about Giving are about time. He says that he wants time and not timing. Everyone wants time to do things better. Jesse Livermore Quotes about Speculation are about the game of speculations. He says that it is only for mentally active people and others will die poor. Jesse Livermore Quotes about Ignorance are about trades. He has a lot to say about it and have some good advice for all of us. Jesse Livermore Quotes about Loss inspire us to accept the losses and forget them. You should forget them and concentrate on doing better in future.

Jesse Livermore Famous Quotes

Jesse Livermore Quotes Jesse Livermore Famous Quotes Jesse Livermore Quotes about Arguing Jesse Livermore Quotes about Trade Jesse Livermore Quotes about Mistakes Jesse Livermore Quotes about Business Jesse Livermore Quotes about Losing Jesse Livermore Quotes about Study Jesse Livermore Quotes about Desire Jesse Livermore Quotes about Wall Jesse Livermore Quotes about Opinions Jesse Livermore Quotes about Giving Jesse Livermore Quotes about Speculation Jesse Livermore Quotes about Ignorance Jesse Livermore Quotes about Loss 60+【Jesse Livermore Quotes】- Investor and Security Analyst Get The Best Collection of Jesse Livermore Quotes. These Amazing Trade And Wall Yet Giving Quotation Are About Arguing, Mistakes, Loss, Business, Opinions, Ignorance, Speculation, Desire, Study, Losing And so on.

A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.


I know from experience that nobody can give me a tip or a series of tips that will make more money for me than my own judgment.


The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.


To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.

Jesse Livermore Quotes about Arguing

A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.


I don’t know whether I make myself plain, but I never lose my temper over the stock market. I never argue with the tape. Getting sore at the market doesn’t get you anywhere.


I never argue with the tape. To be angry at the market because it unexpectedly or even illogically goes against you is like getting mad at your lungs because you have pneumonia.

Jesse Livermore Quotes about Trade

It is foolhardy to make a second trade, if your first trade shows you a loss. Never average losses. Let this thought be written indelibly upon your mind.


It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance.


There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time.


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 Livermore Quotes about Mistakes

If a man is both wise and lucky, he will not make the same mistake twice. But he will make any one of ten thousand brothers or cousins of the original.


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.


If I learned all this so slowly it was because I learned by my mistakes, and some time always elapses between making a mistake and realizing it, and more time between realizing it and exactly determining it.


It takes a man a long time to learn all the lessons of all his mistakes.

Jesse Livermore Quotes about Business

When I’m bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don’t buy long stocks on a scale down, I buy on a scale up.


The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.


There is time to go long, time to go short and time to go fishing.

Jesse Livermore Quotes about Losing

After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!


Just remember, without discipline, a clear strategy, and a concise plan, the speculator will fall into all the emotional pitfalls of the market – jump from one stock to another, hold a losing position too long, and cut out of a winner too soon, for no reason other than fear of losing profit. Greed, Fear, Impatience, Ignorance, and Hope will all fight for mental dominance over the speculator. Then, after a few failures and catastrophes the speculator may become demoralised, depressed, despondent, and abandon the market and the chance to make a fortune from what the market has to offer.


I did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit.

Jesse Livermore Quotes about Study

Disregarding the big swing and trying to jump in and out was fatal to me. Nobody can catch all the fluctuations. In a bull market your game is to buy and hold until you believe that the bull market is near its end. To do this you must study general conditions and not tips or special factors affecting individual stocks.


A man must study general conditions, to seize them so as to be able to anticipate probabilities.


Without faith in his own judgment no man can go very far in this game. That is about all I have learned – to study general conditions, to take a position and stick to it. I can wait without a twinge of impatience. I can see a setback without being shaken, knowing that it is only temporary.

Jesse Livermore Quotes about Desire

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.


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 specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn’t even wish to have to think.


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 Livermore Quotes about Wall

A man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.


Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.


After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!


There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time.

Jesse Livermore Quotes about Opinions

A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.


Most people, whether bull or bear, when they are right, are right for the wrong reason, in my opinion.


Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader.


“On Pat Hearne – He made money in stocks, and that made people ask him for advice. He would never give any. If they asked him point-blank for his opinion about the wisdom of their commitments he used a favorite race-track maxim of his: “You can’t tell till you bet.”

Jesse Livermore Quotes about Giving

Don’t give me timing, give me time


I know from experience that nobody can give me a tip or a series of tips that will make more money for me than my own judgment.


“On Pat Hearne – He made money in stocks, and that made people ask him for advice. He would never give any. If they asked him point-blank for his opinion about the wisdom of their commitments he used a favorite race-track maxim of his: “You can’t tell till you bet.”


To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.

Jesse Livermore Quotes about Speculation

There is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.


The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.


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 to be on.


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.

Jesse Livermore Quotes about Ignorance

Just remember, without discipline, a clear strategy, and a concise plan, the speculator will fall into all the emotional pitfalls of the market – jump from one stock to another, hold a losing position too long, and cut out of a winner too soon, for no reason other than fear of losing profit. Greed, Fear, Impatience, Ignorance, and Hope will all fight for mental dominance over the speculator. Then, after a few failures and catastrophes the speculator may become demoralised, depressed, despondent, and abandon the market and the chance to make a fortune from what the market has to offer.


It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance.


Ignorance at twenty-two isn’t a structural defect.

Jesse Livermore Quotes about Loss

A loss never bothers me after I take it. I forget it overnight. But being wrong – not taking the loss – that is what does damage to the pocketbook and to the soul.


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.


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Instead of hoping he must fear and instead of fearing he must hope. He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit.


I did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit.

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