There is a famous saying about trading the markets;

“I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up.”

I always thought that it was first said by Jim Rodgers in Market Wizards, but someone told me the other day that it was actually Jesse Livermore who said it (or a version of it) first.

I really don’t care who said it, so for the purposes of this post let’s just say it was Joey Heatherton who said it after a two-week sold out run at The Sands. (more…)