Jesse livermore sayings
Jesse Livermore, a famous stock trader and investor, is known for his insightful sayings and quotes about trading and investing. Here are some of his notable sayings:
1. "The stock market is never obvious. It is designed to fool most of the people, most of the time."
2. "There is only one side to the stock market; and it is not the bull side or the bear side, but the right side."
3. "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."
4. "The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages."
5. "It never was my thinking that made the big money for me. It always was my sitting."
6. "The real money made in speculating has been in commitments showing in profit right from the start."
7. "The speculator's chief enemies are always boring from within. It is inseparable from human nature to hope and to fear."
8. "The market does not beat them. They beat themselves, because though they have brains they cannot sit tight."
9. "The average man doesn't wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell."
10. "Money is made by sitting, not trading."
These sayings reflect Livermore's deep understanding of the psychology of trading and the importance of patience, discipline, and emotional control in the world of investing.
Above is Jesse livermore sayings.