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Jesse Lauriston Livermore Quotes: If you can't sleep at night because of your stock market position, then you have gone too far. If this is the case, then sell your position down to the sleeping level.
         

If you can't sleep at night because of your stock market position, then you have gone too far. If this is the case, then sell your position down to the sleeping level.


Jesse Lauriston Livermore
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Other quotes of Jesse Lauriston Livermore


It never was my thinking that made the big money for me. It always was my sitting.

It never was my thinking that made the big money for me. It always was my sitting.



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

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



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.

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.



The stock market is never obvious. It is designed to fool most of the people, most of the time.

The stock market is never obvious. It is designed to fool most of the people, most of the time.



Men who can both be right and sit tight are uncommon.

Men who can both be right and sit tight are uncommon.



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

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



The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.



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 time. It can't be done, too tough on the emotions.

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 time. It can't be done, too tough on the emotions.



It isn't as important to buy as cheap as possible as it is to buy at the right time.

It isn't as important to buy as cheap as possible as it is to buy at the right time.



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

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





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The third gift is Courage. May you speak and act with confidence and use courage to follow your own path.

The third gift is Courage. May you speak and act with confidence and use courage to follow your own path.



...small bits of our day are profoundly meaningfulbecause they are the site of our worship. The crucible of our formation is in the monotony of our daily routines.

...small bits of our day are profoundly meaningfulbecause they are the site of our worship. The crucible of our formation is in the monotony of our daily routines.



I do know that some Buddhists are able to attain peace of mind.

I do know that some Buddhists are able to attain peace of mind.



Love need not speak volumes. It need not demand proof. It never has a happy ending - simply because it doesn't end as long as love is pure and true.

Love need not speak volumes. It need not demand proof. It never has a happy ending - simply because it doesn't end as long as love is pure and true.



Whats the worst that could happen?! The worst that could happen is he could cut off your legs and use them to make stilts that look like legs!

Whats the worst that could happen?! The worst that could happen is he could cut off your legs and use them to make stilts that look like legs!



I think I'm a very religious person. I think I believe in God as much as any man does. I don't only believe in God, I know there's God.

I think I'm a very religious person. I think I believe in God as much as any man does. I don't only believe in God, I know there's God.



Not but wut abstract war is horrid, I sign to thet with all my heart, But civilysation doos git forrid Sometimes, upon a powder-cart.

Not but wut abstract war is horrid, I sign to thet with all my heart, But civilysation doos git forrid Sometimes, upon a powder-cart.



Class struggle: external peace, international solidarity, peace among peoples. This is the sacred slogan of international socialist democracy that liberates nations.

Class struggle: external peace, international solidarity, peace among peoples. This is the sacred slogan of international socialist democracy that liberates nations.



Women can always be caught; that's the first rule of the game.

Women can always be caught; that's the first rule of the game.



This is my motto: Rejection is God's protection.

This is my motto: Rejection is God's protection.




Quote Description


This page presents the quote "If you can't sleep at night because of your stock market position, then you have gone too far. If this is the case, then sell your position down to the sleeping level.". Author of this quote is Jesse Lauriston Livermore. This quote is about position, gone, sleep, can't sleep, night,.