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Jesse Lauriston Livermore Quotes: There are times when you should be completely out of the market, for emotional as well as economic reasons.
         

There are times when you should be completely out of the market, for emotional as well as economic reasons.


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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Syllables govern the world.

Syllables govern the world.



Afraid is a country with no exit visas.

Afraid is a country with no exit visas.



Art has always had as its test in the long term the ability to speak to our innermost selves.

Art has always had as its test in the long term the ability to speak to our innermost selves.



Adaptation seems to be, to a substantial extent, a process of reallocating your attention.

Adaptation seems to be, to a substantial extent, a process of reallocating your attention.



I grew up hearing words like snakeroot, sassafras, mullein - things that had wondrous, mysterious sounds in their names.

I grew up hearing words like snakeroot, sassafras, mullein - things that had wondrous, mysterious sounds in their names.



Forward momentum only worked as a strategy if one had correctly identified which way was forward.

Forward momentum only worked as a strategy if one had correctly identified which way was forward.



Take time to learn about the lives of women around the world-and try to play a small part in their fight to create the future they deserve.

Take time to learn about the lives of women around the world-and try to play a small part in their fight to create the future they deserve.



Water finds the easiest path down a mountain.

Water finds the easiest path down a mountain.



I think declaring a no fly zone over foreign soil is tantamount to an act of war.

I think declaring a no fly zone over foreign soil is tantamount to an act of war.



Lose your smile and lose your customers.

Lose your smile and lose your customers.




Quote Description


This page presents the quote "There are times when you should be completely out of the market, for emotional as well as economic reasons.". Author of this quote is Jesse Lauriston Livermore. This quote is about emotional, economic, reason,.