The game of speculation is the most uniformly fascinating game in the world.-Jesse Livermore
But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, or for the get rich quick adventurer. They will die poor.
Over a long period of years I have rarely attended a dinner party including strangers that someone did not sit down beside me and after the usual pleasantries inquire: "How can I make some money in the market?" In my younger days I would go to considerable pains to explain all the difficulties faced by the one who simply wishes to take quick and easy money out of the market; or through courteous evasiveness I would work my way out of the snare.
In later years my answer has been a blunt "I don't know."
"How to Trade in Stocks"
Previously:
Making Money the Jesse Livermore Way
Jesse Livermore: Lessons From A Legendary Trader
Repost--"CLASSIC!: 'Bear Raid' Stock Manipulation: How and When It Works, and Who Benefits" (Jesse Livermore makes an appearance)
