Quote #5
'The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.'
More from Jesse Lauriston Livermore
- 'Men who can both be right and sit tight are uncommon.'
- '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 t…
- 'It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!'
- 'Obviously the thing to do was to be bullish in a bull market and bearish in a bear market.'
- '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…
- 'When your security is acting right, you can safely add to your line from then forward!'
- 'In a bull market your game is to buy and hold until you believe that the bull market is near its end.'
- 'When I buy stocks for a rise I like to pay top prices and when I sell I must sell low or not at all.'