Jesse Lauriston Livermore

Quotes

• “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.”
• “Trade only when the market is clearly bullish or bearish.”
• “First, do not be invested in the market all the time. There are many times when I have been completely in cash, especially when I was unsure of the direction of the market and waiting for a confirmation of the next move. Second, it is the change in the major trend that hurts most speculators.”

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Wikidata facts

Image

Press photo of Jesse Livermore in 1940 (cropped).jpg

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