7. Avoid Market Timing
There is no full proof system to predict when is the right time to buy or sell stocks. Most successful investors do not watch the arket constantly in order to buy ‘low’ and sell ‘high’. Not do they perpetually move in and out of different stocks. If there is indeed a full-proof system of predicting where the market will go, wouldn’t you think that everyone will be rich from the stock market by now?

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