• The stock market is never obvious. It is designed to fool most of the people, most of the time.~Jesse Livermore

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The game of speculation quotes

The trading game of speculation by Jesse Livermore

Speculators are not interested in putting their money into a stock or commodity for a long time. They want to see a good profit quickly – on a time scale of minutes to months. If their money does not quickly perform well in a situation, they move it into another situation. In pursuit of greater gain, speculators take greater risks with their capital than people who put their money into Savings & CD Accounts. For … Continue reading

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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. Jesse Livermore The man who can drive himself further once the effort gets painful, is the man who will win. Roger Bannister. Patience: even if you’re good at investing it takes a long time to get … Continue reading

FTSE 100 loses more than £60bn

London index and Germany’s Dax fall sharply as global markets reel from worst day in Shanghai and Hong Kong since 2007

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