SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trading Notes, An Archive
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Susan G who started this subject7/4/2002 9:11:05 PM
From: Susan G  Read Replies (1) of 121
 
Jessie Livermore's Rules For Capital Gains

1.Nothing new occurs in the business of speculating or investing in
securities.

2.Money cannot consistently be made trading every day or every week
during the year.

3.Don't trust your own opinion and back your judgment until the action
of the market itself confirms your opinion.

4.Markets are never wrong; opinions often are.

5.The real money made in speculating has been in commitments showing a
profit right from the start.

6.As long as a stock is acting right, and the material is right, do
not be in a hurry to take a profit.

7.One should never permit speculative ventures to run into
investments.

8.The money lost by speculation alone is small compared with the
gigantic sums lost by so-called investors who have let their
investments ride.

9.Never sell a stock because it seem s high-priced.

10.Never buy a stock because it has had a big decline from its
previous high.

11.I become a buyer as soon as a stock makes a new high on its
movements after having had a normal reaction.

12.Never average losses.

13.The human side of every person is the greatest enemy of the average
investor or speculator.

14.It is not well to be too curious about the reasons behind price
movements.

15.Wishful thinking must be banished.

16.Big movements take time to develop.

17.It is much easier to watch a few than many.

18.If you cannot make money out of the leading active issues, you are
not going to make money out of the market as a whole.

19.The leaders of today may not be the leaders two years from now.

20.Do not become completely bearish or bullish on the market because
one stock in a particular group has plainly reversed it's course from
the general market trend.

21.Few people ever make money on tips. Beware of inside information.
If there was any easy money lying around, no one would force it into
your pocket.

Thanks to Lee Lichterman at Marketswing.com for this post
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News