"I believe that uncontrolled basic emotions are the true and deadly enemy of the speculator;
that hope, fear, and greed are always present, sitting on the edge of the psyche, waiting on
the sidelines, waiting to jump into the action, plow into the game."
"Greed, fear, impatience, and hope will all fight for mental dominance over the speculator."
"The speculator’s deadly enemies are: Ignorance, greed, fear and hope. All the statue books in the
world and all the rule books on all the Exchanges of the earth cannot eliminate these from the
human animal."
"Fear keeps you from making as much money as you ought to."
- Jesse Livermore
More on Fear & Greed from MarketSmith's W. Scott O'neil.
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This blog is a collection of my analysis derived from many sources. All opinions are for entertainment and educational purposes only. All investment decisions should be cleared with your own investment advisor.
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