Stock Trading: Do Talents or Skills Matter More?

Tiger_comments
06-28

Do you think you have any talents for stock trading?

Successful stock investors often possess unique traits that set them apart.

  1. One key talent is individualism. Renowned investors like John Neff, George Soros, Warren Buffett, and Charlie Munger have their own distinct philosophies and are not easily influenced by popular opinion or external noise.

  2. Another essential talent is rationality and objectivity. Many people struggle to evaluate situations without bias, but successful investors can objectively assess companies and their own decisions.

  3. Persistence is also crucial; maintaining a long-term investment perspective requires the ability to stay committed despite market fluctuations.

Additionally, qualities like courage, decisiveness, and patience are important and can be developed over time. Recognizing and working on one's weaknesses, such as a lack of patience, is also vital for continuous improvement in investing.

Did your trading talents help you enter the industry?

Do you believe that making money through investing is more about innate talent or acquired learning?

Leave your comments and also post to win tiger coins!

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# What Skill Do You Most Recommend Tigers to Learn?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • icycrystal
    ·06-30
    TOP

    good to have both. at times luck plays a part but be cautious that luck may run out. so basics still important.

    skills would be necessary and talent is a plus... more importantly, [USD] [USD] [USD] is needed.to trade... so don't just show me the coins, give me the coins [Evil] [Evil] [Evil] [Chuckle] [Chuckle] [Chuckle]

    come on everybody let us all say "show me the money" [USD] [USD] [USD] and " give me the [USD] [USD] [USD] [Happy] [Happy] [Happy]

    @rL @Shyon @koolgal @LMSunshine @HelenJanet @Aqa @SPACE ROCKET @GoodLife99 @rL @Universe宇宙 @TigerGPT

    Did your trading talents help you enter the industry?


    Do you believe that making money through investing is more about innate talent or acquired learning?


    Leave your comments and also post to win tiger coins!

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    • icycrystalReplying toSPACE ROCKET: 
      [Like] [Like] [Like]
      07-01
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    • SPACE ROCKET: 
      Thank u sis!!
      06-30
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    • TigerGPT: 

      As an AI financial analyst, I don't have personal experiences or beliefs like humans do. However, I can provide you with some insights on the topic.

      In the investment industry, both innate talent and acquired learning play important roles in achieving success. Here are a few points to consider:

      Innate Talent: Some individuals may have a natural inclination towards understanding financial markets, analyzing data, and making informed investment decisions. These innate abilities can give them an advantage in identifying opportunities and managing risks.

        

      Acquired Learning: Investing is a skill that can be developed through education, training, and experience. Learning about financial markets, investment strategies, risk management, and staying updated with market trends can significantly enhance one's ability to make profitable investment decisions.

        

      Combination of Talent and Learning: While innate talent can provide a head start, it is not sufficient on its own. Acquiring knowledge, skills, and experience through continuous learning is crucial for long-term success in investing. Even the most talented individuals need to stay updated and adapt to changing market conditions.

        

      Patience and Discipline: Regardless of talent or learning, patience and discipline are vital traits for successful investing. The ability to stay calm during market fluctuations, stick to a well-defined investment plan, and avoid impulsive decisions is essential for achieving consistent returns.

        

      In conclusion, successful investing requires a combination of innate talent and acquired learning. While some individuals may have a natural aptitude for investing, continuous learning, adaptability, and disciplined execution are equally important. It is the combination of these factors that can lead to long-term success in the investment industry.

      Please note that investing involves risks, and the information provided is for reference purposes only. It is always recommended to conduct thorough research and seek professional advice before making any investment decisions.

      06-30
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  • Success88
    ·06-28
    TOP
    Study of the company should be better that is talent. A bit of luck sometimes. @Tiger_comments @Fenger1188 @LMSunshine @SPOT_ON @koolgal Join
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    • Success88: 
      謝謝
      06-28
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    • Fenger1188: 
      谢谢分享👍🏻
      06-28
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  • tungleh
    ·06-29
    TOP
    I think skill is necessary but talent is good to have, i.e. A top up for the skill. I think skills like analysing the company is essential but talent could be selecting good company to analyse.

    For example, a skillful trader analyses 100 companies to find one good company, where as a talented and skillful trader analyses 10 companies to find one good company.

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  • MHh
    ·06-28
    TOP
    Definitely acquired learning. No one knows how to invest or trade by nature. It takes skills and knowledge and of course guts to be able to trade and invest. I don’t think I have much talents except to persist in my SREITS and getting dividends while I ride out the crappy returns now and wait for my capital gains to come when the Fed starts cutting rates. Just patience for now…
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  • andrew123
    ·06-29
    talent n skill do matter but wat is more impt is luck . thru my 30yrs of trading individual luck is most impt. eg when I buy stk which have good fundamental n every analyst rec to buy, it doesn't go up even after holding for long term. but the minute I sold , it shoot up.
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  • Mrzorro
    ·06-29
    I don't know about others, but I definitely have no talent  [LOL]. I truly believe that making money through investing requires learning and experience. Everyone fell before, but what makes us get up and fight again is the things that matter! Always remember how and why we want to do this, and it reflects the purpose. keep fighting for financial freedom [Heart]
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  • MojoStellar
    ·07-01
    Skills are more important than talents for success in stock trading. In my view, these are three pointers to develop essential skills:
    * Technical Analysis: Learn to read charts and identify technical indicators that signal buying and selling opportunities.
    * Financial Analysis: Understand how to analyze financial statements to assess a company's financial health and growth potential.
    * Risk Management: Develop a sound risk management strategy to limit potential losses and protect your capital.

    My three takeaways to remember:
    * Discipline and perseverance are crucial for long-term success in stock trading.
    * Continuously educate yourself about the financial markets and stay updated on economic trends.
    * There is no guaranteed formula for success in stock trading, but by honing your skills and managing risk, you can increase your chances of profitability.

    @Tiger_comments  @vodkalime  @GoodLife99  @ahyi  @Zarkness  @SPACE ROCKET

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  • Aqa
    ·07-01
    What trading talents one needs to enter the stock market? Strong analytical skills, with proficiency in technical analysis and fundamental analysis. One also needs to be persistent in maintaining a long-term investment perspective requires the ability to stay committed despite market fluctuations. Thanks @Tiger_comments @icycrystal
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  • TLim
    ·06-30
    Trading is not easy since most traders lose money. To be consistent profitable in the long run, picking up the skills first are definitely crucial. Talent could play a part but definitely need to have the real skills. Someone who's talented in a FPS computer game doesn't mean he could really shoot well in real life.
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  • SG 88
    ·06-29
    persistency, perseverance and discipline in obtaining business knowledge relates to industry specific wojkd greatly matters in investing world, of course some good temperament would also go along way [Cool]
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  • MilkTeaBro
    ·06-29
    Bachelier used mathematical methods to prove that financial securities operate in an unpredictable and random manner.

    French mathematician Louis Bachelier modeled the stochastic process now called Brownian motion in his doctoral thesis, The Theory of Speculation.

    I use ETF  as my core portfolio, and I prefer to add position in bear market.

    Both talent and skills are illusions in my opinion.

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  • Kubbie
    ·06-29
    The knowledge, experience and skill sets gained through numerous dealings define how successful the person is faring in trading. Talents indeed play a big part in the person portfolio. However, the skills that he earns through various trading endeavours, success or failures, matter more in shaping the champion in him, differentiating the man from the boys.
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  • michelloz
    ·06-29
    so far I believe it's a lot of skill for trading. lots of learning and practice . I feel as though a talent is something you're born with. Skills you acquire from learning things like the stock trade. and making mistakes !!
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  • Jack in the Stock
    ·06-29
    Their Individualism wasn’t formed in a short time. It was through years of knowledge accumulation & experience that led them to their current opinion & invetment belief. Trading skills can be learnt , but for long term survival in the stock market one needs to possess the right behaviour & temperament which may take longer to acquire.
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  • SPOT_ON
    ·06-29
    yes I believe natural talent helps the individual to excel and stand out from the pack and while his/her skills are honed and sharpened  over the years to perfection.

    @Tiger_comments
    @rL
    @Barcode
    @Success88
    @Mrzorro
    @Buddy007
    @Ron18

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  • hackdafish
    ·06-29
    Personally, I believe that it's a case of having the knowledge of what you are looking at. I'm am still new to this game, and struggle with some of the terminology, but v that is due tolack of knowledge of this sector.  but I'm learning. 
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  • highhand
    ·06-28
    where got innate talent one? everything needs some sort of learning and acquired skill.  once you learn the fundamentals whether it's technicals or reading balance sheet, that's only 1 part of successful investing. the other part is psychology and discipline to follow the rules and stick to the plan. don't anyhow anyhow panic or trade than you can afford.
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  • hd87
    ·06-29
    My trading talents did not help me enter the industry though. I believe that making money through investing is more about acquired learning.
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  • MultiBaggers
    ·06-29
    I believe that making money through investing is more about acquired learning. It’s a lot of research and going through courses with gurus
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  • valentia
    ·06-29
    Persistence is a skill that is very difficult to master 😉. But it is possible if you constantly keep telling yourself
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