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Jesse Lauriston Livermore Quotes: Money is made by sitting, not trading.
         

Money is made by sitting, not trading.


Jesse Lauriston Livermore
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"Jesse Lauriston Livermore Quotes." Quoteslyfe.com, 2024. Wed. 18 Dec. 2024. <https://www.quoteslyfe.com/quote/Money-is-made-by-sitting-not-trading-711597>.





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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.



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.



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.





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We have three cats. It's like having children, but there is no tuition involved.

We have three cats. It's like having children, but there is no tuition involved.



Once you make a studio 700 million dollars or so, or whatever the insane number is, then they finally seem to trust you, no matter how off-the-wall your project is.

Once you make a studio 700 million dollars or so, or whatever the insane number is, then they finally seem to trust you, no matter how off-the-wall your project is.



God does not require us to achieve any of the good tasks that humanity must pursue. What God requires of us is that we not stop trying.

God does not require us to achieve any of the good tasks that humanity must pursue. What God requires of us is that we not stop trying.



The cinema, like the detective story, makes it possible to experience without danger all the excitement, passion and desirousness which must be repressed in a humanitarian ordering of life.

The cinema, like the detective story, makes it possible to experience without danger all the excitement, passion and desirousness which must be repressed in a humanitarian ordering of life.



We are the biggest donor to the United Nations, contributing 22 percent of the regular operating budget and nearly 27 percent of the peacekeeping budget.

We are the biggest donor to the United Nations, contributing 22 percent of the regular operating budget and nearly 27 percent of the peacekeeping budget.



They that are booted are not alwaies ready.

They that are booted are not alwaies ready.



My job is to create myself a career that I can go to sleep satisfied with what Im doing.

My job is to create myself a career that I can go to sleep satisfied with what Im doing.



You get your chips your way, I'll get my chips mine.

You get your chips your way, I'll get my chips mine.



Actually, I used to be a busboy in a strip joint in New York and so I hate strip joints. I'm not that kind of person.

Actually, I used to be a busboy in a strip joint in New York and so I hate strip joints. I'm not that kind of person.




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This page presents the quote "Money is made by sitting, not trading.". Author of this quote is Jesse Lauriston Livermore. This quote is about made, money, sitting, trading,.