what kind of personality you have and what you want out of stock market should be in sync
if you have mismatch between the two outcome will not be same or close to what you thought it should be.
maximum amount of investors in stock market look for massive gain in a short period of time as this approach has more demand so the popularity of products of trading / derivatives / short term bets / momentum investing is more talk.
Ideally stock market investment is not for investor personality who invest money for long duration of time frame like 5 / 10 /15/ 20 year based on foresight of teams rather forecast of earnings.
investing based on fore sighting people's ability / skills / core values is underrated but when you do find this people take the risk and bet them for long as they will take you on a journey which will outshine rest of the methods of investment approach and your portfolio providing you freedom of time and independence in life.
once you achieve independence then you need to learn value of time and where it needs to be invested so the growth in life keeps happening with new learning and experiments ability to take risk irrespective of fear of failure.
its very important to have courage / patience / ability to overcome fear / acknowledging mistakes / discipline / ability to burn your hands with practical experiences rather just theory to get collateral learnings.
just reading investment books / thread following on twitter / YouTube videos will not help you to build this attributes as this are spoon feeding and influence based investing methods which only work for a short duration of time. Less people use this methods as key to unlock their mind and build individual processes.
What happens when this supports are not available are you able to generate ideas / approach what to do and where to invest ?
if you cant visualize yourself where and what you want to be become in next 5 / 10 / 15 / 20 year of your life you will not be able to do this for companies you are investing and end up losing patience and exit early ( this is most ignorant factor which no one think about )
having a curious mind helps learning new things not just in investing but outside of it which adds a lot of skillset and its directly proportional where and how you are investing.
ability to learn how human behave in different situation will give you ability to build more refine method when investing in stock market.
do you have the edge to do self assessment for improvements and find what mistake was done both in life and investing ?
A person who keeps jumping at every moment and reacting on every bit of rise and fall in their portfolio will not be able to generate long term patience to hold the winners or remove looser.
A person who doesn't do experiments in various aspects of life will not able to take high risk calculated bets in investing.
A person who is dependent on others for various aspects of life will not able to generate own ideas and own thought process nor ability to visualize themselves which direction their life is moving towards and their investment portfolio
A person who live in the past will not be able to adapt to change and live in present freely their mind will not be able to take decision which is rational their decision will be influenced with past experiences good or bad.
A person who doesn't have discipline in various aspects of life will not be able maintain the discipline investment approach
A person who cant eat the same set of food every day which keeps their health of body and mind in good shape and need new taste each day will not be able to hold the winner bcoz they wont be able to visualize whether their health is good or bad based on which set of food combination so do their health of investment portfolio which combination of companies will keep the growth of portfolio
A person who is not able to document each stage of various aspects of life will not be able to understand where / how they were in the past compare to present nor ability to know which direction their life and investment journey is moving towards.
A person who is not able to connect the dots will not be able to detect any changes happening around them which can be use to build ideas and thoughts to do investment based on it.
A person who is not able to plan their journey of life will not be able to plan their investment approach by themselves.
A person who doesn't keep hope and fight to overcome down phase in their journey of life will not be able to hold the winners when there is down phase of companies.
A person who doesn't simplify their journey of life will not be able to simplify their investment approach
A person who believe in talks and not actions will not be able to smell the actions and will be influenced with management talks
A person who doesn't know how to use their power of influence / money / thought process will get trap in their own illusion and will not able to know what is happening in their investment journey and life
A person who doesn't learn new things in journey of life will not be able to learn new area of investment who has high probability of growth
A person who is less optimistic and more critic and conservative will not be able to see the optimistic approach of any other person
its important to build enhance learn each individual personality attributes to apply in investment approach
