“When everyone thinks alike, there isn't much thinking taking place. Get out when you can, not when you have to.” ThinkingCan Not Author:Jesse Lauriston Livermore
“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
“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
“I cannot fear to be wrong because I never think I'm wrong until I am proven wrong. In fact, I am uncomfortable unless I am capitalizing my experience.” ThinkingFactsUncomfortableProvenProven Wrong 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 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 can't sleep" answered the nervous one. "Why not?" asked the friend. "I am carrying so much cotton that I can't sleep thinking about. It is wearing me out. What can I do?" "Sell down to the sleeping point", answered the friend.” ThinkingI CanSleepSellsInvestingNervousWhy NotTradingCottonCan't SleepI Can't Sleep 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