Robin Wigglesworth

speaker
292 appearances 1 recordings 1 series first heard Aug 2026 last heard 4 Aug

Robin Wigglesworth’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 1 in all, peaking in Aug 2026 with 1.

Appearances

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And that's basically what Jesse Livermore is saying.
He's always saying the market is right.
And it's so tempting for you, whenever it goes against you, to say, oh, somebody else did something.
It's always somebody else's fault.
No, the market was right and you were wrong.
Or early or late or whatever, right?
Exactly.
But what kind of lessons did he learn beyond that, beyond the fact that the market's always right?
What kind of trading style did he start to develop in New York?
It's the kind of feeling out the market as we're getting a feel or sense for it.
Yeah.
I mean, this is, I think, I think I can see now why people are still recommending his book because some of these things are still now told to traders all the time that you need to develop a sense for things and the market will smack you in the face.
And you, you,
you're wrong.
The market is always right.
And he also learnt that you do need to essentially play the cards you're dealt, but wait for when you have a great hand.
I think there's this other quote from Reminiscences I've dug out here.
What beat me is not having the brains enough to stick to my own game.
That is to play the market only when I was satisfied that the precedents favoured my play.
There is a plain fool who does the wrong thing at all times everywhere.
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