“Most people, whether bull or bear, when they are right, are right for the wrong reason, in my opinion.” PeopleReasonOpinionBearsInvestingBullsWrong Reasons Author:Jesse Lauriston Livermore
“They say you never grow poor taking profits. No, you don't. But neither do you grow rich taking a four-point profit in a bull market. Where I should have made twenty thousand dollars I made two thousand. That was what conservatism did for me.” ShouldMadeTwoGrowsPoorRichFourThousandShould HaveTwentiesDollarsProfitConservatismBullsBull Markets 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
“I was utterly free of speculative prejudices. The bear side doesn't appeal to me any more than the bull side, or vice versa. My one steadfast prejudice is against being wrong.” SidesBearsPrejudiceVicesAppealsBullsVice VersaSteadfastBeing Wrong Author:Jesse Lauriston Livermore
“A market does not culminate in one grand blaze of glory. Neither does it end with a sudden reversal of form. A market can and does often cease to be a bull market long before prices generally begin to break.” LongDoeEndsFormBreakGloryCeaseBullsReversalBull Markets Author:Jesse Lauriston Livermore
“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” SidesBearsInvestingTradingBullsTradersBull Markets Author:Jesse Lauriston Livermore
“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. He wants to get something for nothing. He does not wish to work. He doesn't even wish to have to think.” ThinkingMenWantDoeDesireWishParticularBearsSellsInvestingAverageBuyingLazyTradingBullsAverage Man Author:Jesse Lauriston Livermore
“I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up.” PeopleMenParticularBearsDown AndSellsInvestingTradingBullsBull MarketsBullish Author:Jesse Lauriston Livermore