Chapter 9. Holy Grails
“Jesse Livermore described Wall Street as a ’giant whorehouse,’ where brokers were ’pimps’ and stocks ’whores,’ and where customers queued to throw their money away.” | ||
| --The Economist[1] | ||
“What is dangerous is for Americans not to be in the stock market. We’re going to reach the point where stocks are correctly priced and we think that’s 36,000 . . . It’s not just a bubble. Far from it. The stock market is undervalued.” | ||
| --James Glassman, Syndicated Columnist/Co-author, Dow 36,000[2] | ||
The single biggest mistake traders make is thinking that trading is “easy.” They allow themselves to fall for advertisements promising, “You can get rich by trading” or “Earn all the income you’ve ever dreamed of” or “Leave your day job forever ...
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