A loss never bothers me after I take it. I forget it overnight. But being wrong - not taking the loss - that is what does damage to the pocketbook and to the soul.
– Jesse Livermore
It isn't as important to buy as cheap as possible as it is to buy at the right time.
– Jesse Livermore
There is only one side of the market and it is not the bull side or the bear side, but the right side.