Professional traders have always had some system or other based upon their experience and governed either by their attitude towards speculation or by their desires.
Jesse Lauriston LivermoreNever try to sell at the top. It isn't wise. Sell after a reaction if there is no rally.
Jesse Lauriston LivermoreExperience has proved to me that real money made in speculating has been in commitments in a stock or commodity showing a profit right from the start.
Jesse Lauriston LivermoreThey say you never grow poor taking profits. No, you don't. But neither do you grow rich taking a four-point profit in a bull market. Where I should have made twenty thousand dollars I made two thousand. That was what conservatism did for me.
Jesse Lauriston Livermore