Surround yourself with mentors and likeminded individuals from "summary" of Reminiscences of a Stock Operator by Edwin Lefevre
One of the most crucial pieces of advice that can be given to any aspiring trader is to seek out and surround themselves with mentors and likeminded individuals. These are the people who can provide invaluable guidance and support as you navigate the unpredictable world of the stock market. By learning from those who have already achieved success in the field, you can avoid making costly mistakes that could jeopardize your own financial future. Mentors can offer you insights and wisdom that you simply cannot gain from textbooks or online resources. They have lived through the ups and downs of the market and can share their experiences with you, helping you to develop a more nuanced understanding of how to thrive in this challenging environment. Additionally, mentors can provide you with emotional support and encouragement during difficult times, helping you to stay focused and motivated even wh...
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