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Jesse Lauriston Livermore Quotes: Speculation is a hard and trying business, and a speculator must be on the job all the time or he'll soon have no job to be on.
         

Speculation is a hard and trying business, and a speculator must be on the job all the time or he'll soon have no job to be on.


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.



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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I don't understand why asking people to eat a well-balanced, vegetarian diet is considered drastic, while it is medically conservative to cut people open.

I don't understand why asking people to eat a well-balanced, vegetarian diet is considered drastic, while it is medically conservative to cut people open.



Life without risks is like a burrito without Tabasco. Bland, but you’ll still fart.

Life without risks is like a burrito without Tabasco. Bland, but you’ll still fart.



Of what earthly use were novels? How did they help anybody?

Of what earthly use were novels? How did they help anybody?



I stand on my public record as a defender of the human rights of Muslims, notably my work for Moazzam Begg and other British Muslims detained without trial in Guantanamo Bay.

I stand on my public record as a defender of the human rights of Muslims, notably my work for Moazzam Begg and other British Muslims detained without trial in Guantanamo Bay.



How can a man be said to have a country when he has not right of a square inch of it.

How can a man be said to have a country when he has not right of a square inch of it.



Among all mental diseases that have been systematically inoculated into the human cranium, the religious pest is the most abominable.

Among all mental diseases that have been systematically inoculated into the human cranium, the religious pest is the most abominable.



When one team member succeeds, the entire team succeeds.

When one team member succeeds, the entire team succeeds.



Obviously songs and musicians mean a lot to people.

Obviously songs and musicians mean a lot to people.



Dreams take you beyond what you think you can do in life.

Dreams take you beyond what you think you can do in life.




Quote Description


This page presents the quote "Speculation is a hard and trying business, and a speculator must be on the job all the time or he'll soon have no job to be on.". Author of this quote is Jesse Lauriston Livermore. This quote is about time, speculation, business, jobs, trying, hard,.