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Jesse Lauriston Livermore Quotes: Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don't be an impatient trader.
         

Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don't be an impatient trader.


Jesse Lauriston Livermore
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Other quotes of Jesse Lauriston Livermore


It never was my thinking that made the big money for me. It always was my sitting.

It never was my thinking that made the big money for me. It always was my sitting.



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

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



The stock market is never obvious. It is designed to fool most of the people, most of the time.

The stock market is never obvious. It is designed to fool most of the people, most of the time.



Men who can both be right and sit tight are uncommon.

Men who can both be right and sit tight are uncommon.



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

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



The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.



Every once in a while you must go to cash, take a break, take a vacation. Don't try to play the market all the time. It can't be done, too tough on the emotions.

Every once in a while you must go to cash, take a break, take a vacation. Don't try to play the market all the time. It can't be done, too tough on the emotions.



It isn't as important to buy as cheap as possible as it is to buy at the right time.

It isn't as important to buy as cheap as possible as it is to buy at the right time.



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

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



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.

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.





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No matter how long a log of wood remains in the river it does not become a crocodile

No matter how long a log of wood remains in the river it does not become a crocodile



There is no greater gift than realizing the constant presence of the Divine and His Absolute Power to create and restore all things.

There is no greater gift than realizing the constant presence of the Divine and His Absolute Power to create and restore all things.



Philip is the only person in the Bible who was called an evangelist, and he was a deacon!

Philip is the only person in the Bible who was called an evangelist, and he was a deacon!



The movement for the environment really only started in the mid 1970's.

The movement for the environment really only started in the mid 1970's.



What about the future?" "We'll talk about the future when it gets here.

What about the future?" "We'll talk about the future when it gets here.



We must do the best we can with what we have.

We must do the best we can with what we have.



I have been searching for time past all my life.

I have been searching for time past all my life.



Publication is to thinking as childbirth is to the first kiss.

Publication is to thinking as childbirth is to the first kiss.



I don't think about what I'll get from someone else. Instead, all I care about is what I can give. And that, my friend, has made me a very happy man.

I don't think about what I'll get from someone else. Instead, all I care about is what I can give. And that, my friend, has made me a very happy man.



I will work with anyone that wants to get America back on track and make sure that the government is the servant and no longer the master.

I will work with anyone that wants to get America back on track and make sure that the government is the servant and no longer the master.




Quote Description


This page presents the quote "Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don't be an impatient trader.". Author of this quote is Jesse Lauriston Livermore. This quote is about late, trade, littles, impatient, action, opinion, investing,.