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Jesse Lauriston Livermore Quotes: 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.


Jesse Lauriston Livermore
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"Jesse Lauriston Livermore Quotes." Quoteslyfe.com, 2024. Sun. 28 Apr. 2024. <https://www.quoteslyfe.com/quote/To-anticipate-the-market-is-to-gamble-711596>.





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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.



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.



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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The moment you exchange spontaneity with rules you've lost the edge of romance

The moment you exchange spontaneity with rules you've lost the edge of romance



The difference between the ordinary and extraordinary is the extra. Go the extra mile and enter your extraordinary success

The difference between the ordinary and extraordinary is the extra. Go the extra mile and enter your extraordinary success



Humor is the ability to see three sides to one coin.

Humor is the ability to see three sides to one coin.



Not just when its easy. All the time.

Not just when its easy. All the time.



You gotta know what you are, who you are and how you want to be portrayed.

You gotta know what you are, who you are and how you want to be portrayed.



I'm not going to complain about the fact that people are paying attention to my work. I suppose that wouldn't be fair.

I'm not going to complain about the fact that people are paying attention to my work. I suppose that wouldn't be fair.



Why?' is the prophetic question.

Why?' is the prophetic question.



I grew up in a sad, depressed place. I got out. Poetry saved my life.

I grew up in a sad, depressed place. I got out. Poetry saved my life.



[M]ere knowledge of the truth will not give you the art of persuasion.

[M]ere knowledge of the truth will not give you the art of persuasion.



I don't tell anyone how to write and no one tells me.

I don't tell anyone how to write and no one tells me.




Quote Description


This page presents the quote "To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.". Author of this quote is Jesse Lauriston Livermore. This quote is about gamble, anticipate, patient, be patient, giving, signals,.