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Jesse Lauriston Livermore Quotes: 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.
         

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.


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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Money should not dictate how I live my life..I must take charge and become the master of money, so that I decide what I want to do with my time.

Money should not dictate how I live my life..I must take charge and become the master of money, so that I decide what I want to do with my time.



The universe does not carry debts, it always returns back to you what you gave it.

The universe does not carry debts, it always returns back to you what you gave it.



A man who gets up very early creates a new day within the same day!

A man who gets up very early creates a new day within the same day!



Do you know when you may concede your insignificance? Before God or, perhaps, before the intellect, beauty, or nature, but not before people. Among people, one must be conscious of one's dignity.

Do you know when you may concede your insignificance? Before God or, perhaps, before the intellect, beauty, or nature, but not before people. Among people, one must be conscious of one's dignity.



The point is, how do you know the Guarantee Fairy isn't a crazy glue sniffer.

The point is, how do you know the Guarantee Fairy isn't a crazy glue sniffer.



I have emotional needs that I didn't know I had, and I have physical needs that I didn't know weren't really needs.

I have emotional needs that I didn't know I had, and I have physical needs that I didn't know weren't really needs.



O Friends, be men, and let your hearts be strong And let no warrior in the heat of fight, Do what may bring him shame in others' eyes

O Friends, be men, and let your hearts be strong And let no warrior in the heat of fight, Do what may bring him shame in others' eyes



When I am dead, I am certain that the imprint of my love will be found on my heart. It is impossible to worship as I do without leaving some visible trace behind when life is over.

When I am dead, I am certain that the imprint of my love will be found on my heart. It is impossible to worship as I do without leaving some visible trace behind when life is over.



I don't dislike babies, though I think very young ones rather disgusting.

I don't dislike babies, though I think very young ones rather disgusting.



Like one Who having into truth, by telling of it, Made such a sinner of his memory, To credit his own lie.

Like one Who having into truth, by telling of it, Made such a sinner of his memory, To credit his own lie.




Quote Description


This page presents the quote "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.". Author of this quote is Jesse Lauriston Livermore. This quote is about his loss, may, fear, loss, hope, profit, investing, bigger,.