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

What Skill Do You Most Recommend Tigers to Learn?
In our previous discussion on Stock Trading: Do Talents or Skills Matter More?, most tigers believed that acquired skills are more important than talents in stock trading. What do you think is the most important skill in stock trading?
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.

Comments

  • vodkalime
    07-01
    vodkalime

    Give you the fish or teach you how to fish. This is a fundamental question. Skills and Talents are left hand and right hand. Without skills, if one can execute an awesome trade, you are like a genius or star. However as we have experience, so magic fingers possessed talents but may not reach well when the trade goes south. The psychological is also important that can reconsider as skill set. Skills are definitely the fundamental  for any success. Skills that are Skills we'll when get desired result. Mastery also start form skills. One who is not talent can always trained skills to up the mark. If you have both, I will be happy to copy your trades. Cheers and have a great Jul Monday! @MojoStellar @Tiger_chat @MillionaireTiger

    • MojoStellar: 
      well said. it just boiled down to individual whether they are serious about growing their knowledge towards wealth journey.
  • MojoStellar
    07-02
    MojoStellar
    //@vodkalime: Give you the fish or teach you how to fish. This is a fundamental question. Skills and Talents are left hand and right hand. Without skills, if one can execute an awesome trade, you are like a genius or star. However as we have experience, so magic fingers possessed talents but may not reach well when the trade goes south. The psychological is also important that can reconsider as skill set. Skills are definitely the fundamental  for any success. Skills that are Skills we'll when get desired result. Mastery also start form skills. One who is not talent can always trained skills to up the mark. If you have both, I will be happy to copy your trades. Cheers and have a great Jul Monday! @MojoStellar @Tiger_chat @MillionaireTiger
Leave a comment
3
8