"There is only one side to the stock market; and it is not the bull side or the bear side, but the right side."
"For when I am wrong only one thing convinces me of it, and that is, to lose money. And I am only right when I make money. That is speculating."
"My losses have taught me that I must not begin to advance until I am sure I shall not have to retreat. But if I cannot advance I do not move at all."
"The game taught me the game."
"If the unusual never happened there would be no difference in people and then there wouldn't be any fun in life. The game would become merely a matter of addition and subtraction. It would make of us a race of bookkeepers with plodding minds. It's the guessing that develops a man's brain power. Just consider what you have to do to guess right."
"I can't tell you how it came to take me so many years to learn that instead of placing piking bets on what the next few quotations were going to be, my game was to anticipate what was going to happen in a big way."
-Jesse Livermore
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