Stocks To Riches Insights On Investor Behaviour By Parag Parikh Pdf — Extended

Before any trade, wait 24 hours. Parikh argued that 90% of bad trades are impulse decisions made in the first 5 minutes of market panic.

Are you holding a losing stock just because you bought it at a higher price? If you had cash today, would you buy this stock at the current price? If not, sell it immediately. The loss is real only if you sell, but staying in a bad stock is a worse loss. Before any trade, wait 24 hours

Parikh introduced a radical idea: