The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of in… - Jesse Lauriston Livermore

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The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.

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About Jesse Lauriston Livermore

Jesse Lauriston Livermore (July 26, 1877 – November 28, 1940) was an American stock trader / investor.

Also Known As

Native Name: Jesse Livermore
Alternative Names: Jesse L. Livermore
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Additional quotes by Jesse Lauriston Livermore

First, do not be invested in the market all the time. There are many times when I have been completely in cash, especially when I was unsure of the direction of the market and waiting for a confirmation of the next move. Second, it is the change in the major trend that hurts most speculators.
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