Archive
Trading Quotable Quotes: Jesse Livermore On Staying With The Trend / Sitting Tight
"My dear boy," said old Partridge, in great distress "my dear boy, if I sold that stock now I’d lose my position; and then where would I be?"
~Jesse Livermore
Trading Quotable Quotes: Jesse Livermore On Easier With Experience
"It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance."
~Jesse Livermore
Trading Quotable Quote – High Probability Trading
“The best traders always trade when the odds are in their favor, not just because the market is open. They trade for a reason: to make money, not to amuse themselves."
~Marcel Link
Book: High Probability Trading
Trading Quotable Quotes: Jesse Livermore On Using A Time Stop
"If my stock does not act as I anticipated, I immediately determine that the time is not yet ripe – so I close out my commitment."
~Jesse Livermore
Trading Quotable Quotes: Jesse Livermore On The Game Of Trading / Speculation
"The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor."
~Jesse Livermore
Trading Quotable Quotes: Jesse Livermore On Price Patterns & Human Emotions
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
~Jesse Livermore
Trading Quotable Quotes: Jesse Livermore On Catching The Big Trends
"Disregarding the big swing and trying to jump in and out was fatal to me. Nobody can catch all the fluctuations. In a bull market your game is to buy and hold until you believe that the bull market is near its end. To do this you must study general conditions and not tips or special factors affecting individual stocks."
~Jesse Livermore


