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Patience is essential in stock market investing from "summary" of Secrets You Never Knew About Stock Market Investing and Trading by Swaminathan Annamalai
Patience plays a crucial role in stock market investing. It is often said that patience is a virtue, and this holds true in the world of investing. The stock market can be volatile and unpredictable, with prices fluctuating on a daily basis. In such a scenario, it is essential for investors to exercise patience and not make impulsive decisions based on short-term market movements. Investors who lack patience may fall prey to their emotions and make hasty decisions that can lead to losses. By exercising patience, investors can wait for the right opportunity to buy or sell stocks at the right price. This allows them to make informed decisions based on thorough research and analysis rather than acting on impulse. Furthermore, patience is key when i...
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