【每天读点英文】The 23 Best Jesse Livermore Quotes and Trading Rules

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.”

2. “Buy rising stocks and sell falling stocks”

3. “Do not trade every day of every year.”

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

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

6. “Continue with trades that show you a profit, end trades that show a loss”

7. “End trades when it is clear that the trend you are profiting from is over”

8. “In any sector, trade the leading stock – the one showing the strongest trend”

9. “Never average losses by, for example, buying more of a stock that has fallen”

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

11. “Don’t become an involuntary investor by holding onto stocks whose price has fallen”

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

13. “The highest profits are made in trades that show a profit right from the start”

14. “No trading rules will deliver a profit 100 percent of the time”

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

16. “Never buy a stock because it has had a big decline from its previous high”

17. “Never sell a stock because it seems high-priced”

18. “The human side of every person is the greatest enemy of the average investor or speculator”

19. “Wishful thinking must be banished”

20. “Big movements take time to develop”

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

22. “It is much easier to watch a few than many”

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