These are direct quotes, books, and article links shared with our followers on Twitter and StockTwits.
You can actually click through in the embedded tweets to see who has retweeted or "faved" each item. Since Twitter is a pretty ephemeral medium, I've decided to collect some favorites (yours and mine) and share them here with you.
Enjoy, and thanks, JL!
So few people succeed in the market because they have no patience. They want to get rich quickly. - Jesse Livermore
— David Shvartsman (@FinanceTrends) October 14, 2013
"@FinanceTrends: How to Trade in Stocks (1940 ed. ebook) - Jesse Livermore http://t.co/dOpetKquFu $STUDY $SPY"
— jeff pierce (@zentrader) October 7, 2013
Provocative take on Jesse Livermore's "fatal" trading flaws: http://t.co/ZjMRoRdwnK | What do you think? $STUDY
— David Shvartsman (@FinanceTrends) October 1, 2013
The only thing to do when a person is wrong is to be right, by ceasing to be wrong. Cut your losses quickly, w/o hesitation. - J. Livermore
— David Shvartsman (@FinanceTrends) June 12, 2013
Livermore: "A loss never troubles me after I take it. But being wrong – not taking the loss - that does damage to the pocket book and soul.”Hope you've gained something from these quotes that will help you with your trading. For more of Livermore's hard-won insights and trading wisdom, please see our related posts below.
— David Shvartsman (@FinanceTrends) October 1, 2013
Related posts:
1. Jesse Livermore: How to Trade in Stocks (ebook).
2. Why do traders still quote Jesse Livermore?.
3. Jim Sinclair interview: Trading with Jesse Livermore and Bert Seligman.
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