“It took me five years to learn to play the game intelligently enough to make big money when I was right.” YearsEnoughPlayBigsGamesFiveFive Years Author:Jesse Lauriston Livermore
“I began to realize that the big money must necessarily be in the big swing.” BigsRealizingSwings Author:Jesse Lauriston Livermore
“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.” TryingBelieveEndsBigsGamesIndividualStudySpecialConditionsFactorsSwingsBullsFluctuationBull Markets Author:Jesse Lauriston Livermore
“He really meant to tell them that the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizing up the entire market and its trend.” BigsReadingIndividualMovementInvestingTrendsTapeTradingReally MeanTradersFluctuation Author:Jesse Lauriston Livermore
“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!” ThinkingWantYearsMadeBigsMoneyMillionsStreetsWallLosingSittingDollarsInvestingSpendingTradingSpeculators Author:Jesse Lauriston Livermore
“In a narrow market, when prices are not getting anywhere to speak of but move within a narrow range, there is no sense in trying to anticipate what the next big movement is going to be. The thing to do is to watch the market, read the tape to determine the limits of the get nowhere prices, and make up your mind that you will not take an interest until the prices breaks through the limit in either direction.” TryingMindBigsMovingNextSpeakInterestWatchesBreakMovementLimitsInvestingDetermineRangeThings To DoTapeTradingAnticipateBreak ThroughMake Up Your Mind Author:Jesse Lauriston Livermore
“Instead of hoping he must fear and instead of fearing he must hope. He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit.” MayBigsLossBiggerInvestingProfitTradingHis Loss Author:Jesse Lauriston Livermore
“Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money.” MenBigsFoundInvestingHardestTradingHardest ThingUncommonOperators Author:Jesse Lauriston Livermore
“It never was my thinking that made the big money for me. It always was my sitting.” ThinkingMadeBigsSittingInvestmentSpeculatorsBull Markets Author:Jesse Lauriston Livermore
