TOP 20 Jesse Lauriston Livermore Quotes

TOP 20 Jesse Lauriston Livermore Quotes.

“Money is made by sitting, not trading.”
— Jesse Lauriston Livermore (00:00)

“It never was my thinking that made the big money for me. It always was my sitting.”
— Jesse Lauriston Livermore (00:07)

“Men who can both be right and sit tight are uncommon.”
— Jesse Lauriston Livermore (00:14)

“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.”
— Jesse Lauriston Livermore (00:21)

“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side.”
— Jesse Lauriston Livermore (00:28)

“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 (00:35)

“Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money.”
— Jesse Lauriston Livermore (00:42)

“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.”
— Jesse Lauriston Livermore (00:49)

“A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.”
— Jesse Lauriston Livermore (00:56)

“The stock market is never obvious. It is designed to fool most of the people, most of the time.”
— Jesse Lauriston Livermore (01:03)

“Never try to sell at the top. It isn’t wise. Sell after a reaction if there is no rally.”
— Jesse Lauriston Livermore (01:10)

“Don’t give me timing, give me time.”
— Jesse Lauriston Livermore (01:17)

“It takes a man a long time to learn all the lessons of all his mistakes.”
— Jesse Lauriston Livermore (01:24)

“Experience has proved to me that real money made in speculating has been in commitments in a stock or commodity showing a profit right from the start.”
— Jesse Lauriston Livermore (01:31)

“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 (01:38)

“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 Lauriston Livermore (01:45)

“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.”
— Jesse Lauriston Livermore (01:52)

“The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.”
— Jesse Lauriston Livermore (01:59)

“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 Lauriston Livermore (02:06)

“At long as a stock is acting right, and the market is right, do not be in a hurry to take profits. One should never permit speculative ventures to run into investments.”
— Jesse Lauriston Livermore (02:13)

Music credit: Easy Day - Kevin MacLeod

[darthrosh]

They should make a movie on Jesse Livermore

[colinjames]

Did YouTube charge you by the second? Every quote should have stayed up an additional five seconds.

Why the rush?

[pranjayarora]

1:40minute very imp. desire for constant action irrespective of underlying condition is cuase of destruction

[pranjayarora]

mkts are always right it never promise it will move acc to our belief technical price fundamental always