Plan for both shortterm gains and long-term growth from "summary" of The How to Make Money in Stocks Complete Investing System: Your Ultimate Guide to Winning in Good Times and Bad by William J. O'Neil
To succeed in the stock market, you must have a clear plan that accounts for both short-term gains and long-term growth. While it may be tempting to focus solely on quick profits, it is essential to consider the bigger picture and set goals that will lead to sustainable success.
Short-term gains can provide a sense of immediate gratification, but they are often fleeting and can lead to risky decision-making. It is crucial to balance these short-term gains with a focus on long-term growth, which involves investing in strong companies with solid fundamentals that have the potential to grow...
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