It isn't as important to buy as cheap as possible as it is to buy at the right time.
Jesse LivermoreRead
There is only one side of the market and it is not the bull side or the bear side, but the right side.
Interpretation
What this quote means
The quote emphasizes the importance of making informed decisions based on analysis rather than simply following market trends.
Jesse Livermore suggests that true success in trading and investments comes from being on the 'right side' of the market, which requires understanding the underlying factors rather than just aligning with either bullish or bearish sentiments. This statement encourages individuals to focus on their own analysis and judgment rather than succumbing to popular market opinions.
Themes
MarketSuccessInvestingAnalysisDecision Making
In practice
Example use cases
Use this quote during a financial seminar to highlight the importance of informed investing.
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