Adaptability is important in the everchanging market from "summary" of Reminiscences of a Stock Operator by Edwin Lefevre
The market is constantly changing. To succeed in trading, one must be adaptable. Adaptability is crucial in navigating the ups and downs of the market. Those who are unable to adapt are likely to struggle and face losses. In the everchanging market, being flexible and able to adjust to new situations is key. Traders need to be able to change their strategies and tactics as needed. What worked yesterday may not work today. The market is unpredictable, and traders must be able to respond quickly to new information and changing conditions. Those who are rigid and unwilling to adapt will find themselves left behi...
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