Homepage
PR Newswire
28-12-2014, 07:46 PM
(This post was last modified: 28-12-2014, 07:56 PM by Temperament.)
How you invest, i think it must be in "syn" with your education/training, psyche and most important your temperament.
i think one must have guts(instinct), patience, consistency, discipline, common to "uncommon-sense", money management(deep pocket), longevity, resilience (ability to take pain), willing to keep on learning (admit mistakes and moves on), willing to stick out like a sore thumb in a group if you have to be, expect anything is possible in the market, and many more than you can think off. Not to leave out GOD's Blessings or Lady Luck or Nature (for Non-Believers) or maybe you believe only in yourself. i always like to bring out this because nobody really can control the outcomes of their investments, no matter what you do, regardless of what you think or who you are. Unless you rig the investment.
Despite all these, can you sleep well at night? If you can't, you better try to find out why and do something about it.
And,
Have you ever read or come across a person who is famous as a super short-term trader & long-term investor? May be there is. Is G. Soros counted as one?
i think one must have guts(instinct), patience, consistency, discipline, common to "uncommon-sense", money management(deep pocket), longevity, resilience (ability to take pain), willing to keep on learning (admit mistakes and moves on), willing to stick out like a sore thumb in a group if you have to be, expect anything is possible in the market, and many more than you can think off. Not to leave out GOD's Blessings or Lady Luck or Nature (for Non-Believers) or maybe you believe only in yourself. i always like to bring out this because nobody really can control the outcomes of their investments, no matter what you do, regardless of what you think or who you are. Unless you rig the investment.
Despite all these, can you sleep well at night? If you can't, you better try to find out why and do something about it.
And,
Have you ever read or come across a person who is famous as a super short-term trader & long-term investor? May be there is. Is G. Soros counted as one?
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.