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Jesse Lauriston Livermore Quotes: 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.


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.



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.



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.

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.





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Being positive reckons the unexpected.

Being positive reckons the unexpected.



And the question of Wester religion, ” Flattery said, “is: What lies beyond death? But the question of the Zen master is: What lies beyond waking?

And the question of Wester religion, ” Flattery said, “is: What lies beyond death? But the question of the Zen master is: What lies beyond waking?



It's a bit of a sore spot, the Thanksgiving in Indian country.

It's a bit of a sore spot, the Thanksgiving in Indian country.



You find that you have lot of time on your hands when you suddenly are not drinking because you are pregnant.

You find that you have lot of time on your hands when you suddenly are not drinking because you are pregnant.



I think, domestically, one of the most interesting things that you would see under Presidenr Hillary Clinton is going to be the big energy infrastructure transition.

I think, domestically, one of the most interesting things that you would see under Presidenr Hillary Clinton is going to be the big energy infrastructure transition.



But how is the artist to protect himself against the corruption of the age which besets him on all sides?

But how is the artist to protect himself against the corruption of the age which besets him on all sides?



I wouldn't say no to other kinds of musical opportunities. I guess that it just depends on what it was or what it required me to do, and if I felt that it compromised my own soul.

I wouldn't say no to other kinds of musical opportunities. I guess that it just depends on what it was or what it required me to do, and if I felt that it compromised my own soul.



I always say you need something weird on your face and some good shoes and nobody looks in the middle.

I always say you need something weird on your face and some good shoes and nobody looks in the middle.



I'm glad I was never in a band.

I'm glad I was never in a band.



For me the costume is always a huge part of getting into character.

For me the costume is always a huge part of getting into character.




Quote Description


This page presents the quote "The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.". Author of this quote is Jesse Lauriston Livermore. This quote is about brain, doe, investing,.