“There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time.”
– Jesse Livermore
“There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time.”
– Jesse Livermore
Livermore’s lessons are essential for trading success. Traders should not ignore this man because he took his own life due to clinical depression. He was one of America’s greatest traders.
http://books.google.com/books?id=HT5c4rPK59EC&printsec=frontcover&dq=Reminiscences+of+a+stock+operator&hl=en&ei=vSISTOeEG47EM-DW1bUL&sa=X&oi=book_result&ct=result&resnum=1&ved=0CDAQ6AEwAA#v=onepage&q&f=false
I could not agree more! Thanks for the comment and link.