There is time to go long, time to go short and time to go fishing.

- Jesse Lauriston Livermore

A prudent speculator never argues with the tape. Markets are never wrong, opinions often are.

- Jesse Lauriston Livermore

To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.

- Jesse Lauriston Livermore

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 in…

- Jesse Lauriston Livermore

Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never chang…

- Jesse Lauriston Livermore

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 ven…

- Jesse Lauriston Livermore

Never buy at the bottom, and always sell too soon.

- Jesse Lauriston Livermore

Money is made by sitting, not trading.

- Jesse Lauriston Livermore

Just remember, without discipline, a clear strategy, and a concise plan, the speculator will fall into all the emotional pitfalls of the market - jum…

- Jesse Lauriston Livermore