Livermore’s top ten stock trading quotes
1. There is nothing new on Wall Street, because speculation is as old as the mountains. What is happening in the stock market today has happened in the past. It will definitely happen again in the future.
2. Do not partner with others, work alone, and only rely on your own brain to make money. Speculation is a one-person thing.
3. Make sure you are right before taking action. Do not make decisions when you are emotional, and try to keep your emotions stable.
4. Just catch the main upward trend. When it goes down, you can leave the stock market and travel.
5. People make mistakes, not the market. Don’t complain about the market.
6. Make a move only when you are sure that you will not lose money. If you make a mistake, you must stop the loss in time and do not allow the loss to expand.
7. If you want to have a place in the stock market, you must be confident in yourself and your own judgment, and do not listen to insider information.
8. People who rely on other people’s instructions for trading will never make big money. Only by relying on your own correct investment judgment can you make big money.
9. If the performance of a stock is unusual, don’t touch it.
10. Making big money cannot rely on short-term fluctuations in stock prices, but on large fluctuations and general trends.