'In a bull market your game is to buy and hold until you believe that the bull market is near its end.'
About this quote
- What does it mean?
- In a rising market
- In plain terms
- Buy during a market rise and hold until you think it is about to stop.
- What can you take from it?
- Hold positions through market ups until the trend clearly reverses.
Where it applies
Putting it to work
Questions to consider
- When do you know a trend is ending?
- How do you avoid exiting too early?
Another view
Identifying the end of a bull market is inherently difficult.
More from Jesse Lauriston Livermore
'My dear boy,' said old Partridge, in great distress 'my dear boy, if I sold that stock now I'd lose my position; and then where would I be?'
Permalink to quote #2 'It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!'
Permalink to quote #3 'Men who can both be right and sit tight are uncommon.'
Permalink to quote #4
Related quotes
'Obviously the thing to do was to be bullish in a bull market and bearish in a bear market.'
Jesse Lauriston LivermoreJesse Lauriston Livermore quote #7 'He really meant to tell them that the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizin…
Jesse Lauriston LivermoreJesse Lauriston Livermore quote #6 If you spend more than 14 minutes a year worrying about the market, you've wasted 12 minutes.
Peter LynchPeter Lynch quote #1