Market timing is a losing game for most investors from "summary" of Random Walk Guide To Investing by Burton G Malkiel
Attempting to time the market is a futile endeavor for the majority of investors. Despite the allure of buying low and selling high, the reality is that accurately predicting market movements is exceedingly difficult, if not impossible. Investors who try to time the market often end up making costly mistakes, as they buy and sell based on emotion rather than a rational investment strategy. The problem with market timing lies in the fact that it requires not only predicting the direction of the market but also knowing when to enter and exit at the right time. Even professional investors and analysts have a hard time consistently beating the market through timing. Research has shown that the vast majority of market timers underperform a simple buy-and-hold strategy in the long run. Market timing is often driven by fear and greed, two emotions that can cloud judgment and lead to irrational decision-making. Investors who try to time the market may ...
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