Three important traits that most retail stock investors need to have for good success

1st trait 

I remember in the last
few years when I was really fervent into investment. No matter how busy I was
with my family or work, I almost always will spend equal or more time and
effort into learning to perfect my investment skills, even at expense of my
sleep hours. 
This trait I call it
“PERSEVERANCE” which is defined as “keep doing something steadfastly and does not give
up”. 
2nd trait 

Then the oil crisis
struck in late 2014 and not only it affected my stock portfolio but also my
career. Companies suffered and many went bankrupt. Stock prices were depressed.
Worst of all, colleagues and friends got retrenched one following
another. It was all depressing and one of the toughest career situations
to face within the industry for many.  
After more than two
years of crisis, I am still in the same company and same industry. I really
learn one important trait, which I will never have learnt. It is to
“ENDURE”! 
This trait is defined
as “to remain in a very difficult situation and not giving
way.” 
In situation like
this, no matter how much you preserve, or how intelligent or hardworking you
are, it is futile. This is one very difficult trait that most people will not
be able to have developed, if they are without the experience.
And the only way we
can learn endurance is “to endure!”
3rd trait 

The last trait in
discussion seems to be the easiest, but it is in fact the most difficult to
perfect. 
It is
“PATIENCE”. And it is defined as “doing nothing without getting
emotionally stirred.”
Ask yourself when was
the last time you can resist “meddling” with your stock counters and
portfolio? 
Or does your fingers
always feel itchy to hit the “sell / buy” buttons. You just feel so indulged
in buying or selling shares, just for the sake of doing it, even at most times,
it is entirely not necessary at all. 
Perhaps it is the
obvious nature of our contemporary education that teaches that we always need
to do something in order to have progress and be successful?
Rolf’s final thoughts
Therefore, do not let
problems crowd your mind, be it in investment or in your life. Have a sober
mind, and when you face adversaries, be appreciative that it is a test for you,
so that perseverance, endurance and patience can be developed and be perfected,
needing nothing else. 

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67 thoughts on “Three important traits that most retail stock investors need to have for good success

  1. Toughest is patience when we keep looking at market and charting especially for those who are strong on technical indicators.

    1. Hi CW,

      it is indeed for me patience is the most difficult. Remember not just doing nothing but also without emotional stir. 🙂

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  2. Hi Rolf,

    Long time no see 🙂 You mentioned the 3 traits of perseverance, endurance and patience. But how to cultivate these traits, should we find ourselves lacking? How do we develop them so that we can tap on these inner resources when we need them?

    1. Agreed with LP.

      How to cultivate these traits, should we find ourselves lacking? How do we develop them so that we can tap on these inner resources when we need them?

      We need someone to pen down their own thoughts to help others to understand as it is very difficult to express in words. Right or wrong. Never mind.

    2. Hi LP et al,

      Yeah, it's been awhile. Miss all you guys.

      I am extremely busy with things that is really all important lately and had almost put in 100% of my time other than family & work. It is just amazingly wonderful.

      How to cultivate them?

      My answer cannot be penned down here and it's better words spoken one day when we all meet.

      But it's really related personal experiences, what I went through. Perhaps supernatural and constantly seeking the love of the truth, more than the love of money to buy self pleasures or to satisfy personal ambition.

      The ability to see beyond just this age and not conform to the world and yet able to live soberly and righteousness to experience the peace and joy needed in life. And eventually becoming not just a blessing for oneself but blessings for many others who desperately need it.

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  3. Hi Rolf,

    The contents of this blog post seem very familiar. I wonder why? 😛

    Good to see you blogging again!

    Of the three, I think patience is the hardest to master.

    1. Hi UN,

      Its a good reminder that i should not neglect my blog friends also.

      Patience is most difficult, not to be mistaken by lazy, but just having patience alone also not sufficient, but all three are necessary.

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  4. Rolf,
    In investment; I am not sure if all 3 really make equal sense, but in life, i certainly think they do!

    I lack patience too. But hey, having experienced 100% in the market and 30% in the market, I actually enjoy this peace with 30%. My winning counters are sold too early, but it is not really affecting me now.

    I think I will just let investment take a back seat in my life now, unless there is opportunity

    1. Hi SI,

      🙂 able to take a back seat in something you had been spending quite a lot of time on, is not really easy, and from ur comments, it seems like u r more peaceful, which is great.

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  5. To me, endurance comes when I know there is no other choice.

    Patience comes when I know what I am waiting for and hold a certain conviction to that 'hope'. In times of uncertainty, patience is difficult.

    1. Hi Twenty Two degC,

      Thanks for the reply. u r right that in life, no matter how well we plan, there will be times we get into situation we have no choice but to endure.

      Patience is definitely bcos of the conviction of hope. Without hope, why n what are we living for?

      🙂

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  19. VICTIM OF SCAMS BUT NOW A VICTOR THROUGH JOSH LOANS FINANCIAL SERVICE [email protected] OR +1(215)-874-8060

    Helen Truong is my name from 1731 Hilltop Haven Drive, Red Bank, NJ 07701 USA. It lifts my heart to actually use this medium to save innocent people who would have fallen into the wrong hands in quest to obtain an online loan. With all humility I want to personally warn all online loan seekers to be very careful while trying to get a loan, because it is no news that scammers are rampant everywhere all over the internet claiming to offer loan. I was a victim before now and I solemnly hope that you are a victor if you care to take my word of advise. Few months ago I was financially strained, and due to my desperation I was scammed by several online lenders. All hope was nearly lost until a co-employee suggested 'JOSH LOANS FINANCIAL SERVICE' an online reliable and trustworthy lender for me, as I was almost at the edge of taking my life considering a loss of about $83,000; As God would have it, I applied for a loan from 'Josh Loans Financial Service' under Cynthia's (co-employee) recommendation and WOW in less than 72 working hours I got a credit alert confirming that my account has been credited with the loan fund of $220,000.00 which i originally requested. If after loosing much God has shown me light with the help of 'JOSH LOANS FINANCIAL SERVICE', you too without doubt can as well obtain a loan from this reputable lending institution. IN ALL, if you, your relation or any closed person desperately need a loan, DO CONTACT or help that soul to communicate with JOSH LOANS FINANCIAL SERVICE via email on [email protected] OR text/call them on +1(215)-874-8060

  20. Celebrate this Christmas season with joy and gladness in your heart…

    I would like to bring this to the notice of the public about how i met Funding Circle Loan PLC after i lost my job and been denied loan by my bank and other financial institution due to my credit score. I could not pay my children's fees. I was behind on bills, about to be thrown out of the house due to my inability to pay my rent, It was during this period my kids were taken from me by foster care. Then i set out to seek for funds online where i lost $3,670 that i borrowed from friends which i was rip off by two companies. Until i was referred to Funding Circle Plc by a very good friend, so if truly you are in need of a loan i advise you contact this Godsent lender via Email: [email protected] OR Call/Text +14067326622 and be free from scam' Jennie Cortez by name from United State

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  25. BETTERMENT FUNDING {[email protected]}Hi everyone, i am Alexis Ohanian am so glade coming back to this great forum to testify about the help i received from Chester Brian. I was in desperate need of a loan in other to be free from debt and financial bondage that was place on me by my ex husband. It was really bad that i have to seek for help from Friends,family and even my bank but on one could assist me because my credit score was really bad. So i was browsing with my computer and saw some testimonies from people Chester Brian assisted with a loan, then i decided to contact him on his email {[email protected]}, then i received a mail from them and i did all that was asked from me. To my greatest surprise they transferred to my account the loan i requested and now i am so happy clearing my debt and have also started a business with the remaining amount to take care of myself and family. If you need a loan do contact the best loan lender of all time Chester Brian on his email: {[email protected]}

  26. God Bless Edward Jones Loans for Helping Me In Time Of Need {[email protected]}

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