Personal Investors Qualities

Updated: 05/11/2006 05:41
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personal investors qualities
Learn about the qualities every investor should possess before getting deeper into HYIP investing business.
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The main pledge of success in HYIP lies, of course, in qualities of investor, because in high-yield investments, as well as in any other sphere of human activity, the main thing is investor's skill, his approach to circumstances and his ability to act according to the demands of the situation. We know what HYIP market terms demand, but hardly any person knows what investor should be skillful at, because nobody spoke of it, nobody thought about the qualities that ideal investor should possess. We will try to think of it.

DISCIPLINE.

This is the key issue. Investor should be disciplined. It is not so important to get up at one and the same time, brush the teeth and do morning exercises, but it is NECESSARY to read hyipnews.com every day, and to look through the forums. And you should do it every day, like clockwork! It is important, because you may check out the efficiency of your strategy or change it if necessary only if you obey to your thought-out algorithm.

However, there is one more issue which may be influenced by your discipline. This is the ability to with stand the temptations and survive in a critical moment. Will-power is a necessary addition which will let you obey the discipline and move forward regardless of all obstacles. Sometimes investor should be a mechanism, rather than a human being, and only will of power allow you moving from your emotional identity far enough to withstand fleeting spirits.

This is extremely important for the valuable trading, when you may be overwhelmed by human emotions – cupidity or fear - at any moment. Fear is the most dangerous thing among all things that may happen to you.

You may be in need of your will-power in case you fail. It is important not to give up in case you have difficulties. Have you thought out a strategy which foresees possible failure? I want to hope ;) Besides, you don't lose more that you can afford. Don't get upset. Nothing and nobody demands a suicide.

CURIOSITY.

Any feeling may become a moving force which leads you to success, but curiosity is the most `quality` among all possible feelings. It will bring you dividends in a form of additional information, possible ways out of the situation and satisfaction with your activity. It is important for you to be active, for your inquisitive mind to seek and to find.

In principle, investor may not be very experienced. But the more HYIP investor knows, the more his control over the situation. And in any case he should ask new and new questions and diligently penetrate into the depth of information without breaks.

PRUDENCE.

It is not necessary to be a mathematician, but it is necessary to be a strategist. Degree of your skill to count all your steps in advance influences your speed of getting all desired benefits. At first it will be difficult. It is fully possible that all your account will fail and in this case you will need your will-power unless you give up and learn, in order to make more accurate account, more balanced strategy and more accurate image of the problems and drawbacks of your system in future. The skill to learn lessons is also extremely important. It is the same as ability to learn.

ABILITY TO LEARN.

When you fail, remember that any failure is a lesson for you. A lesson is the most important thing for the investor, because only lesson is a tool for development and moving forward. The lesson is a tool to achieve perfection and learn the truth which seemed to be not achievable.

While it is desired to learn lessons in a real life, it is NECESSARY to learn lessons in HYIP. It is impossible to move forward without LEARNING AND GETTING MORE PERFECT, and not paying attention to the prompting of the `system`. When you get stuck, just mind this place and go forward.

This is the only way to avoid the traps that appear here and there. This is the only way to achieve more and develop, develop. Keep this in mind and ask yourself each time: what can I learn here? Write it down or remember. It is extremely important for the person of any kind or character, and it is even more important for the investor. You may learn a lesson even from positive occasions, and don't miss the chance. LEARN. Learn and develop.

ANALYTICAL SKILLS.

Ability to analyze the situation is less meaningful but no less significant for the investor. That is to say, information, rather than situation. Information, which is needed to be found, collected and analyzed. If you don't do it, you will have only hints, separate thoughts and all other trifles that won't be helpful in making money – conquering the world, i.e. I want to say – HYIP market :)

Analysis is the ability to thicken the information, synthesize it, and point out general categories, dependencies, rules and regulations. If you see dependencies, you may manage the system, you will know where to strike, what program to choose, which to reject, which is almost dead etc.

Although some traders insist that technical or general analysis may hardly be helpful in purchase or sale, it is necessary in HYIP. Collecting information on forums, from other sources is extremely important! Of course, you may add `fortune` quality and forget it all, but we prefer being realists and relying on analytics. ;)

INDUSTRIOUSNESS.

Investor work, of course if you work, rather than spend time or entertain, is a laborious and complicated process. It is necessary to spend long hours for resolving the questions, and the degree of resolvability is directly proportional to your assiduity. And the solution is proportionally a pledge of your success.

Do you see what I mean? In principle, investors may not be industrious, and he may do everything easy as a poker player, but this is possible only in case he is a player, while investor should accurately think it all out, collect the crumbs of knowledge and follow his path all the way round.

And it is very important for you to understand that not only infinite desire of moving forward is important, but rather industriousness - it means to enjoy your work. Only under this condition you get more than just money. And investor should work, and sometimes this work is not rewarded, but he should enjoy the very process, so that's why we consider that such quality as industriousness will be a pledge of the future benefits of any investor who comes to the market. It goes beyond controversy.

QUICK MIND.

Turn of your mid is of a little significance here. People may have an "academic" mind, and "quick", "curious" mind. Investor needs rather `quick mind` (we mean HYIP investor).

Of course, the list is not full, and you may add something for you. We will probably be able to add something in some time, and we'll do it, but mentioned characteristics are basic, and if you possess them, you're fully suitable for being an investor, and the rest depends on your desire to make money. And you are able to earn - it has been checked and proved. You have everything you need – let's go!


About the author

Another young writer working for HYIPNews.com, Steve Sweeney is the article writer and author able to write powerful headlines, to integrate copy with graphics and page design and manipulate text for max effect (ie. bold, italic, highlight). The experience of this young author is not reach in spite of his age, though Steve is proud to become an active member of a highly productive and creative professional team of HYIPNews where his skills as an accomplished advertising copywriter, copy editing and proofreader are being utilized at the highest level.
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