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Showing posts with the label Jesse Livermore

Investor, Jesse Livermore

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All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis. — Jesse Livermore (1877-1940), How To Trade In Stocks (1940)

Speculation, Jesse Livermore

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The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor. - Jesse Livermore (1877-1940), How To Trade In Stocks