“There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time.” ThinkingDoeStreetsWallFoolTradeAll TimeWrong Things Author:Jesse Lauriston Livermore
“There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.” HappensTodayHappenedStreetsWallHillsSpeculationWhatever HappensNothing New Author:Jesse Lauriston Livermore
“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
“Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.” HumansMoneyStreetsHuman NatureWallGreedInvestingPocketsNever ChangeSucker 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
“The desire for constant action irrespective of underlying conditions is responsible for many losses on 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.” FeelsHomeActionDesireLossStreetsConditionsWallResponsibleConstantInvestingWagesTrading Author:Jesse Lauriston Livermore
