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Jesse Lauriston Livermore Quotes: There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time.
         

There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time.


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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When you win nothing hurts.

When you win nothing hurts.



Few things surpass old wine and they may preach Who please the more because they preach in vain - Let us have wine and women mirth and laughter Sermons and soda-water the day after.

Few things surpass old wine and they may preach Who please the more because they preach in vain - Let us have wine and women mirth and laughter Sermons and soda-water the day after.



Faith is not uprooted by dialectic proof it must already be deeply shaken by other causes to be unable to withstand the shock of argument.

Faith is not uprooted by dialectic proof it must already be deeply shaken by other causes to be unable to withstand the shock of argument.



I have a home in Orlando. That's kind of my default 'getaway' city.

I have a home in Orlando. That's kind of my default 'getaway' city.



A life without stories would be no life at all. And stories bound us, did they not, one to another, the living to the dead, people to animals, people to the land?

A life without stories would be no life at all. And stories bound us, did they not, one to another, the living to the dead, people to animals, people to the land?



Everything in my life has been about sound and making music, so Beats represents just that - the improvement of sound and the dedication to everything I've been doing from the day I started.

Everything in my life has been about sound and making music, so Beats represents just that - the improvement of sound and the dedication to everything I've been doing from the day I started.



Men would not live in society long if they were not each others dupes.

Men would not live in society long if they were not each others dupes.



I've always thought you have to live life looking forwards, not backwards. I've had no interest at all in who my ancestors are.

I've always thought you have to live life looking forwards, not backwards. I've had no interest at all in who my ancestors are.



I really love something about being around the recording studios - you know, like, those days in the '80s they'd be, like, in the studio 'til 4, 5, 6 in the morning working on these songs.

I really love something about being around the recording studios - you know, like, those days in the '80s they'd be, like, in the studio 'til 4, 5, 6 in the morning working on these songs.




Quote Description


This page presents the quote "There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time.". Author of this quote is Jesse Lauriston Livermore. This quote is about time, trade, fool, thinking, wall, doe,.