The sage advice of Jesse Livermore

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Jesse Livermore Quotations..


There is only one side to the stock market;....not the bull side or the bear side, but the right side. It took me longer to get that general principle fixed firmly in my mind than it did most of the more technical phases of the game of stock market speculation.
Jesse Livermore # Stock Market, Learning, Knowledge Quotes
My plan of trading was sound enough and won oftener that it lost. If I had stuck to it I'd have been right perhaps as often as seven out of ten times.
Jesse Livermore # Winning, Loss, Smart, Strategy, Stock Market Quotes
If somebody had told me my method would not work I nevertheless would have tried it out to make sure for myself, for when I am wrong only one thing convinces me of it, and that is, to lose money. And I am only right when I make money.
Jesse Livermore # Smart, Self, Money, Stocks, Profit Quotes
Speculation is a hard and trying business, and a speculator must be on the job all the time or he’ll soon have no job to be on.
Jesse Livermore # Business, Buying, Selling, Job, Risk Quotes
It takes a man a long time to learn all the lessons of all his mistakes.
Jesse Livermore # Mistakes, Life, Learning Quotes
It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance.
Jesse Livermore # Smart, Strategy, Knowledge, Wisdom Quotes
The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.
Jesse Livermore # Stock Market Quotes

From my point of view, the investors are the big gamblers. They make a bet, stay with it, and if all goes wrong, they lose it all.
Jesse Livermore # Investing, Wrong, Smart, Loss, Risk Quotes
If I hadn’t made money some of the time I might have acquired market wisdom quicker.
Jesse Livermore # Money, Stock Market, Wisdom, Experience Quotes
When I buy stocks for a rise I like to pay top prices and when I sell I must sell low or not at all.