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Jesse Lauriston Livermore
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Jesse Lauriston Livermore (July 26, 1877 – November 28, 1940) was an American stock trader / investor.
Quotes
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, How To Trade In Stocks
Trade only when the market is clearly bullish or bearish.
Jesse Livermore’s Trading Rules
First, do not be invested in the market all the time. There are many times when I have been completely in cash, especially when I was unsure of the direction of the market and waiting for a confirmation of the next move. Second, it is the change in the major trend that hurts most speculators.
Richard Smitten, Trade Like Jesse Livermore, Chapter 6 - Emotional Control
External links
https://en.wikipedia.org/wiki/Jesse_Lauriston_Livermore
Category:1877 births
Category:1940 deaths
Category:Businesspeople from Massachusetts