“Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes.”
Quote by Jesse Lauriston Livermore
Work
How to Trade in Stocks: The Livermore Formula for Combining Time Element and Price
This book delves into the trading philosophies of Jesse Livermore, a prominent figure in the stock market history, offering insights on how to effectively combine time and price analysis for successful stock trading. more
Author
Jesse Lauriston Livermore
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'. more
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“A man must study general conditions, to seize them so as to be able to anticipate probabilities.”
“A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.”
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