Ethan > Ethan's Quotes

“He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit. It is absolutely wrong to gamble in stocks the way the average man does.”
― Edwin Lefèvre, Reminiscences of a Stock Operator

“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.”
― Charles MacKay, Extraordinary Popular Delusions and the Madness of Crowds

“There is no reason to sell a rising stock”
― Nicolas Darvas, How I Made $2 Million in the Stock Market: The Darvas system for stock market profits

“There are no good or bad stocks, there are only rising and falling stocks.”
― Nicolas Darvas, How I Made $2,000,000 in the Stock Market

“Like human beings, stocks behave differently. Some of them are calm, slow, conservative. Others are jumpy, nervous, tense. Some of them I found easy to predict. They were consistent in their moves, logical in their behavior. They were like dependable friends.”
― Nicolas Darvas, How I Made $2,000,000 In The Stock Market

“Profits always take care of themselves but losses never do.”
― Jesse Livermore, How To Trade In Stocks

“If you have timed the movement correctly, your first commitment will show you a profit at the start.”
― Jesse Livermore, How to Trade In Stocks