Critical thinking is essential-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Critical thinking is essential for investment success.

The issue is that investments are not straight forward.

There are many roads to get to Rome. We can’t follow people blindly.

Everyone will have their own agenda, and frankly they dun care about us. Roaring kitty won’t care if u make money. Elon musk dun care if u lose money. We have to think of what’s their agenda, is it wise to follow them?

We have to think for ourselves and decide what’s best and what works for us.

It could be stocks,
It could be bonds,it could be options or ETFs.

It’s one thing to follow a mentor/influencer for hand holding, but what if the mentor is wrong? What if the mentor is no longer around?

It is still way better to take responsibility for our own investing journey and to develop our own knowledge, style, strategy and think for ourselves. It’s our money, if we dun take care of our own money, others will “help” to take our money from us.

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.

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