Seven Traits of good Investor

#1 – Ability to buy and sell stocks against the market

Everyone thinks they can do this…[when] the market is crashing all around you, almost no one has the stomach to buy.

#2 – Obsession

The second character trait of a great investor is that he is obsessive about playing the game and wanting to win.

#3 – Willingness to learn from past mistakes

What sets some investors apart is an intense desire to learn from their own mistakes so they can avoid repeating them.

#4 – Inherent sense of risk based on common sense

I believe the greatest risk control is common sense, but people fall into the habit of sleeping well at night because the computer says they should. The thing about common sense is that it isn’t very common.

 #5 – Confidence and Conviction

Great investors have confidence in their own convictions and stick with them, even when facing criticism

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#6 – Get both sides of your brain working

If you don’t think clearly, you’re in trouble. There are a lot of people who have genius IQs who can’t think clearly.

#7 – Ability to live through volatility

Number 7 is the most important, and rarest, investor trait of all.

To make money, you have to cope with volatility. Volatility is not risk.

Good luck during this difficult period. I hope to see you on the other end victorious