alifari's Blog
Jesse Livermore - The unsuccessful investor is best friends with hope
Jesse Livermore :- "The unsuccessful investor is best friends with hope...."
Jesse Livermore - Reminiscences of a Stock Operator
Some inspiring and educational quotes by Jesse Livermore (from Reminiscences of a Stock Operator)
1) And when the market goes your way you become fearful that the next
day will take away your profit, and you get out-too soon. Fear keeps you
from making as much money as you ought to. The successful trader has to
fight these two deep-seated instincts. He has to reverse what you might
call his natural impulses. Instead of hoping he must fear; instead of
fearing he must hope. He must fear that h…
1) And when the market goes your way you become fearful that the next
day will take away your profit, and you get out-too soon. Fear keeps you
from making as much money as you ought to. The successful trader has to
fight these two deep-seated instincts. He has to reverse what you might
call his natural impulses. Instead of hoping he must fear; instead of
fearing he must hope. He must fear that h…