“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.” - Jesse Lauriston Livermore.
“There is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.” - Jesse Lauriston Livermore.
“He will risk half his fortune in the stock market with less reflection than he devotes to the selection of a medium-priced automobile.” - Jesse Lauriston Livermore.
“Losing money is the least of my troubles. A loss never troubles me after I take it. I forget it overnight...” - Jesse Lauriston Livermore.
“Profits always take care of themselves but losses never do.” - Jesse Lauriston Livermore.
“Go long when stocks reach a new high. Sell short when they reach a new low.” - Jesse Lauriston Livermore.
“It is not good to be too curious about all the reasons behind price movements.” - Jesse Lauriston Livermore.
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Please write in the comments what famous quotes of the next person you would like to see in the next post. I also encourage you to check out profile which i also includes Warren Buffet's famous quotes.
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Which quote is your favorite? Write in the comment
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Would you like a new post with quotes? I look forward to your suggestions
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A post worth recalling at a time of high volatility.