61+ Jesse Livermore Quotes About Money, Stocks And Success

Jesse Lauriston Livermore, better known as Jesse Livermore, was an American stockbroker.

Jesse Livermore was once the richest man in the world until his debts outgrew his assets. He is known for being a benchmark setter in the world of stocks and trading and, owing to his influence, he is also the protagonist of the best-selling book by  Edwin Lefèvre, 'Reminiscences Of A Stock Operator'.

Livermore used what is now known as quantitative research as the basis for his trades at a time when credible financial results were scarce, having current stock quotes demanded massive activity, and market abuse was rampant. Here is a list of some famous quotes by Jesse Livermore to inspire you to get into stock trading if you aren't already.

If you like these quotes, you can check out these Mark Cuban quotes and trading quotes too.

‍

Here is a list of some famous quotes Jesse Livermore has provided us with!

1. “There is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.”

- Jesse Lauriston Livermore.

2. “Trade only when the market is clearly bullish or bearish.”

- Jesse Lauriston Livermore.

3. “Buy rising stocks and sell falling stocks.”

- Jesse Lauriston Livermore.

4. “Markets are never wrong – opinions often are.”

- Jesse Lauriston Livermore.

5. “Not taking the loss, that is what does damage to the pocketbook and to the soul.”

- Jesse Lauriston Livermore.

6. “I must buy on a rising scale. I don’t buy long stocks on a scale down I buy on a scale up."

- Jesse Lauriston Livermore.

7. “A stock operator has to fight a lot of expensive enemies within himself.”

- Jesse Lauriston Livermore.

8. “No person can play the market all the time and win. There are times when you should be completely out of the market, for emotional as well as economic reasons.”

- Jesse Lauriston Livermore.

9. “He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit. It is absolutely wrong to gamble in stocks the way the average man does.”

- Jesse Lauriston Livermore.

10. “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.

11. “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.

12. “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side.”

- Jesse Lauriston Livermore.

13. “... what he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn’t even wish to have to think.”

- Jesse Lauriston Livermore.

14. “... for when I am wrong only one thing convinces me of it, and that is to lose money. And I am only right when I make money. That is speculating.”

- Jesse Lauriston Livermore.

15. “Do not anticipate and move without market confirmation—being a little late in your trade is your insurance that you are right or wrong.”

- Jesse Lauriston Livermore.

16. “Money in a broker’s account or in a bank account is not the same as if you feel it in your own fingers once in a while. Then it means something.”

- Jesse Lauriston Livermore.

17. “The worse a situation becomes, the less it takes to turn it around, the bigger upside.”

- Jesse Lauriston Livermore.

18. “If there was any easy money lying around, no one would be forcing it into your pocket.”

- Jesse Lauriston Livermore.

19. “The nature of the game as it is played is such that the public should realize that the truth cannot be told by the few who know.”

- Jesse Lauriston Livermore.

20. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.”

- Jesse Lauriston Livermore.

Here are some inspiring quotes on success by Jesse Lauriston Livermore.

21. “Only enter a trade after the action of the market confirms your opinion and then enter promptly.”

- Jesse Lauriston Livermore.

22. “It is foolhardy to make a second trade, if your first trade shows you a loss. Never average losses. Let this thought be written indelibly upon your mind.”

- Jesse Lauriston Livermore.

23. “It is what people actually did in the stock market that counted – not what they said they were going to do.”

- Jesse Lauriston Livermore.

24. “Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn...”

- Jesse Lauriston Livermore.

25. “There is time to go long, time to go short and time to go fishing.”

- Jesse Lauriston Livermore.

26. “It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance.”

- Jesse Lauriston Livermore

27. “Successful trading is always an emotional battle for the speculator, not an intelligent battle.”

- Jesse Lauriston Livermore.

28. “Patterns repeat, because human nature hasn’t changed for thousands of years.”

- Jesse Lauriston Livermore.

29. “The game taught me the game. And it didn’t spare the rod while teaching.”

- Jesse Lauriston Livermore.

30. “It took me five years to learn to play the game intelligently enough to make big money when I was right.”

- Jesse Lauriston Livermore.

31. “... my game was to anticipate what was going to happen in a big way.”

- Jesse Lauriston Livermore.

32. “Copper your customers, and grow rich.”

- Jesse Lauriston Livermore.

33. “There is nothing like losing all you have in the world for teaching you what not to do.”

- Jesse Lauriston Livermore.

34. “I had to study what was going to happen; to anticipate stock movements. That sounds asininely commonplace, but you know what I mean.”

- Jesse Lauriston Livermore.

35. “The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.”

- Jesse Lauriston Livermore.

36. “The only thing to do when a person is wrong is to be right, by ceasing to be wrong. Cut your losses quickly, without hesitation. Don’t waste time.”

- Jesse Lauriston Livermore.

37. “What beat me was not having enough brain to stick to my own game. There is a Wall Street fool, who thinks he must trade all the time.”

- Jesse Lauriston Livermore.

38. “The stock market is never obvious. It is designed to fool most of the people, most of the time.”

- Jesse Lauriston Livermore.

39. “... who feel that they must take home some money every day, as though they were working for regular wages.”

- Jesse Lauriston Livermore.

40. “If you don’t know who you are, then the stock market is an expensive way to find out.”

- Jesse Lauriston Livermore.

Here is a list of quotes by Jesse Livermore about money.

41. “If you can’t sleep at night because of your stock market position, then you have gone too far. If this is the case, then sell your position down to the sleeping level.”

- Jesse Lauriston Livermore.

42. “Big money is made in the stock market by being on the right side of the major moves. I don’t believe in swimming against the tide.”

- Jesse Lauriston Livermore.

43. “In a bull market and particularly in booms the public at first makes money which it later loses simply by overstaying the bull market.”

- Jesse Lauriston Livermore.

44. “All through time, people have basically acted and re-acted the same way in the market as a result of: greed, fear, ignorance, and hope"

- Jesse Lauriston Livermore.

45. “But careful timing is essential… impatience is costly.”

- Jesse Lauriston Livermore.

46. “You will reap benefits from their mistakes.”

- Jesse Lauriston Livermore.

47. “The finest art is not to lose money. Making money in the stock market can be done by anybody.”

- Jesse Lauriston Livermore.

48. “Profits always take care of themselves but losses never do.”

- Jesse Lauriston Livermore.

49. “He will risk half his fortune in the stock market with less reflection than he devotes to the selection of a medium-priced automobile.”

- Jesse Lauriston Livermore.

50. “If I hadn’t made money some of the time I might have acquired market wisdom quicker.”

- Jesse Lauriston Livermore.

51. “A man must believe in himself... I don’t believe in tips.”

- Jesse Lauriston Livermore.

52. “If a man didn't make mistakes he'd own the world in a month. But if he didn't profit by his mistakes he wouldn't own a blessed thing”

- Jesse Lauriston Livermore.

53. "It isn't as important to buy as cheap as possible as it is to buy at the right time."

- Jesse Lauriston Livermore.

54. “I had a hard time convincing her (my mother) that I was not gambling, but making money by figuring.”

- Jesse Lauriston Livermore.

55. “It is not good to be too curious about all the reasons behind price movements.”

- Jesse Lauriston Livermore.

56. “Go long when stocks reach a new high. Sell short when they reach a new low.”

- Jesse Lauriston Livermore.

57. “I call a Pivotal Point before I started to trade; I have always made money in my operations.”

- Jesse Lauriston Livermore.

58. “Never buy at the bottom, and always sell too soon.”

- Jesse Lauriston Livermore

59. “Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader.”

- Jesse Lauriston Livermore.

60. “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.”

- Jesse Lauriston Livermore.

61.“Losing money is the least of my troubles. A loss never troubles me after I take it. I forget it overnight...”

- Jesse Lauriston Livermore.

62.“As long as a stock is acting right, and the market is right, do not be in a hurry to take profits.”

- Jesse Lauriston Livermore.

Here at Kidadl, we have carefully created lots of interesting family-friendly quotes for everyone to enjoy! If you liked our suggestions for Jesse Lauriston Livermore quotes, then why not take a look at these Charlie Munger quotes or John D. Rockefeller quotes too?

‍