The most important quality for an investor is temperament, not intellect- Warren Buffett

[Starmix]

This statement means that successful investing is not just about being the smartest person or having the best knowledge. instead, it is about having the right mindset and emotional control temperament.

Investors face ups and downs, market fluctuations, and uncertainties. Those who can stay calm, patient, disciplined, and avoid impulsive decisions tend to do better than those who react emotionally, even if they have great intelligence.

Temperament helps investors stick to their long-term plans, resist panic selling during market drops, and avoid overconfidence when things are doing well. In other words, emotional balance often outweighs raw intellect in achieving business success.

 

[eLdavis]

Indeed a lot of investors today loose out simply because they let their emotions get the best of them.

 

[Starmix]

Indeed a lot of investors today loose out simply because they let their emotions get the best of them.

Yes, true, most of them are temperamental. Those who can stay calm, patient, disciplined, and avoid impulsive decisions tend to do better than those who react emotionally, even if they have great intelligence. Patience, discipline, and avoidance of a compulsive decision are the keys to having a qualified investor.

 

[eLdavis]

Yes, true, most of them are temperamental. Those who can stay calm, patient, disciplined, and avoid impulsive decisions tend to do better than those who react emotionally, even if they have great intelligence. Patience, discipline, and avoidance of a compulsive decision are the keys to having a qualified investor.

Like in my process of learning forex trading, i have lost a lot of money due to being emotional in my trade. Learning how to control your emotions matters a lot.

 

[Starmix]

Like in my process of learning forex trading, i have lost a lot of money due to being emotional in my trade. Learning how to control your emotions matters a lot.

Nah I'm also a victim of losing money because of trading. I and my friend hired a broker from Russia but it turned out that the hired broker was a scammer. I lost $ 400, and my friend lost $2000.

 

[kit_hung]

This statement means that successful investing is not just about being the smartest person or having the best knowledge. instead, it is about having the right mindset and emotional control temperament.

Investors face ups and downs, market fluctuations, and uncertainties. Those who can stay calm, patient, disciplined, and avoid impulsive decisions tend to do better than those who react emotionally, even if they have great intelligence.

Temperament helps investors stick to their long-term plans, resist panic selling during market drops, and avoid overconfidence when things are doing well. In other words, emotional balance often outweighs raw intellect in achieving business success.

You have made a very crucial point. Successful investing requires not only high intelligence, but emotional stability. A patient and disciplined investor has a greater chance of success than one who is impulsive. Staying calm in the face of challenges and sticking to a long-term plan are important weapons.

 

[eLdavis]

Nah I'm also a victim of losing money because of trading. I and my friend hired a broker from Russia but it turned out that the hired broker was a scammer. I lost $ 400, and my friend lost $2000.

Oh wow so sorry about that, there are a lot of scammers in the forex market today, it's best to learn it yourself and trade yourself.

 

[Starmix]

Oh wow so sorry about that. There are a lot of scammers in the forex market today, it's best to learn it yourself and trade yourself.

I still do not have ample time to watch videos on how to trade. It would be nice if there is an actual seminar on this in my city, so I can address my concerns right away.

 

[eLdavis]

I still do not have ample time to watch videos on how to trade. It would be nice if there is an actual seminar on this in my city, so I can address my concerns right away.

Trading requires constant learning though, till now am still struggling to get my head round things and fully understand as well.

 

[Starmix]

Trading requires constant learning though, till now am still struggling to get my head round things and fully understand as well.

If we will only give our time, a whole day studying and learning, most likely, we can capture the easy moves of trading. It requires focus and deep understanding.