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Jesse Lauriston Livermore Quotes

Stock trader

Jesse Lauriston Livermore was a renowned stock trader, born on July 26, 1877, and died on November 28, 1940. He was known for his keen insight and bold investment strategies in the stock market, often referred to as the 'King of the Stock Market'.

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All Investing Trading Men Ifs Bigs Sells Bulls People Speculators Thinking Bull Markets Doe Games Made Profit Trying Conditions Long Streets Traders

Famous Jesse Lauriston Livermore Quotes

“Money is made by sitting, not trading.”

Made Sitting Trading

Author:Jesse Lauriston Livermore

“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.”

Source: How to Trade in Stocks: The Livermore Formula for Combining Time Element and Price

“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.”

Should Made Two Grows Poor Rich Four Thousand Should Have Twenties Dollars Profit Conservatism Bulls Bull Markets

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!”

Thinking Want Years Made Bigs Money Millions Streets Wall Losing Sitting Dollars Investing Spending Trading Speculators

Author:Jesse Lauriston Livermore

“Experience has proved to me that real money made in speculating has been in commitments in a stock or commodity showing a profit right from the start.”

Has Beens Made Real Commitment Investing Profit Commodity Trading

Book:How to Trade in Stocks: The Livermore Formula for Combining Time Element and Price

Source: How to Trade in Stocks: The Livermore Formula for Combining Time Element and Price

“"On Pat Hearne - He made money in stocks, and that made people ask him for advice. He would never give any. If they asked him point-blank for his opinion about the wisdom of their commitments he used a favorite race-track maxim of his: "You can't tell till you bet.""”

People Ifs Giving Made Used Asks Race Opinion Advice Commitment Investing Track Blank Trading Maxims Race Track

Author:Jesse Lauriston Livermore

“It never was my thinking that made the big money for me. It always was my sitting.”

Thinking Made Bigs Sitting Investment Speculators Bull Markets

Author:Jesse Lauriston Livermore

About the Author

Born: July 26, 1877
Died: November 28, 1940
Known for: Stock trader
Quotes: 79

Books & Sources

How to Trade in Stocks: The Livermore Formula for Combining Time Element and PriceRelated source material

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