4 Jesse Lauriston Livermore Quotes on Stocks

Jesse Lauriston Livermore quotes on stocks

10. 'When this happens I sell the stock short that is, technically. In other words, I sell more stock than I actually hold.'

11. 'Experience has proved to me that real money made in speculating has been in commitments in a stock or commodity showing a profit right from the start.'

13. 'If my stock does not act as I anticipated, I immediately determine that the time is not yet ripe - so I close out my commitment.'

14. '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.'