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Jesse Lauriston Livermore

Jesse Lauriston Livermore Books

Stock trader

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“For instance, let us say that a new stock has been listed in the last two or three years and its high was 20, or any other figure, and that such a price was made two or three years ago. If something favorable happens in connection with the company, and the stock starts upward, usually it is safe play to buy the minute it touches a brand new high.”

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Book:How to Trade in Stocks: The Livermore Formula for Combining Time Element and Price
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“A man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.”

MenMayDoeLosesBrainClassStreetsWallBeatsThirdsGradesNeverthelessImpatientDoubtfulSuckerThird Grade
Author:Jesse Lauriston Livermore
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“It isn't a hunch but the subconscious mind, which is the creative mind, at work. That is the mind which makes artists do things without their knowing how they came to do them. Perhaps with me it was the cumulative effect of a lot of little things individually insignificant but collectively powerful.”

MindLittlesArtistPowerfulCreativeKnowingEffectsLittle ThingsSubconsciousInsignificantSubconscious MindHunchesCreative MindCumulative
Author:Jesse Lauriston Livermore
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“I have always played a lone hand. It is the way my mind works. I have to do my own seeing and my own thinking. But I can tell you that after the market began to go my way I felt for the first time in my life that I had allies - the strongest and truest in the world: underlying conditions. They were helping me with all their might.”

ThinkingWorldWayMindFirstsI CanHelpingHandsMightFeltMy OwnSeeingConditionsFirst TimeMy WayStrongestAlliesTruestLone
Author:Jesse Lauriston Livermore
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