"I can't sleep" answered the nervous one. Jesse Lauriston Livermore More Quotes by Jesse Lauriston Livermore More Quotes From Jesse Lauriston Livermore A man must believe in himself and his judgement if he expects to make a living at this game. That is why I don't believe in tips." Jesse Lauriston Livermore games men believe The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements. Jesse Lauriston Livermore investing movement past I have always played a lone hand. It is the way my mind works. I have to do my own seeing and my own thinking. But I can tell you that after the market began to go my way I felt for the first time in my life that I had allies - the strongest and truest in the world: underlying conditions. They were helping me with all their might. Jesse Lauriston Livermore mind hands thinking Professional traders have always had some system or other based upon their experience and governed either by their attitude towards speculation or by their desires. Jesse Lauriston Livermore investing desire attitude The market always does what it should do, but not always when Jesse Lauriston Livermore should doe "If I buy stocks on Smith's tip I must sell those same stocks on Smith's tip. I am depending on him. Suppose Smith is away on a holiday when the selling time comes around? Jesse Lauriston Livermore investing selling holiday I don't know whether I make myself plain, but I never lose my temper over the stock market. I never argue with the tape. Getting sore at the market doesn't get you anywhere. Jesse Lauriston Livermore investing tape arguing After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! Jesse Lauriston Livermore wall money thinking It is what people actually did in the stock market that counted - not what they said they were going to do. Jesse Lauriston Livermore investing said people Most people, whether bull or bear, when they are right, are right for the wrong reason, in my opinion. Jesse Lauriston Livermore investing bulls people For instance, let us say that a new stock has been listed in the last two or three years and its high was 20, or any other figure, and that such a price was made two or three years ago. If something favorable happens in connection with the company, and the stock starts upward, usually it is safe play to buy the minute it touches a brand new high. Jesse Lauriston Livermore play two years He will risk half his fortune in the stock market with less reflection that he devotes to the selection of a medium-priced automobile. Jesse Lauriston Livermore investing risk reflection Don't give me timing, give me time Jesse Lauriston Livermore timing give-me giving I was utterly free of speculative prejudices. The bear side doesn't appeal to me any more than the bull side, or vice versa. My one steadfast prejudice is against being wrong. Jesse Lauriston Livermore bulls prejudice vices When a man is right he wants to get all that is coming to him for being right. Jesse Lauriston Livermore want men Ignorance at twenty-two isn't a structural defect. Jesse Lauriston Livermore twenties ignorance two If the unusual never happened there would be no difference in people and then there wouldn't be any fun in life. The game would become merely a matter of addition and subtraction. It would make of us a race of bookkeepers with plodding minds. It's the guessing that develops a man's brain power. Jesse Lauriston Livermore race fun men "On Pat Hearne - He made money in stocks, and that made people ask him for advice. He would never give any. If they asked him point-blank for his opinion about the wisdom of their commitments he used a favorite race-track maxim of his: "You can't tell till you bet."" Jesse Lauriston Livermore race people commitment