| Due to the current global financial crises, most | | | | Most great stock trader recognizes opportunities and |
| investors are selling their equities to minimize their | | | | they act on their decision during the bear period |
| loss but every challenge is actually an opportunity for | | | | because they follow the principle of buying low and |
| a great stock trader to take position during this bear | | | | selling high. They are able to maximize their profit |
| period. The qualities I will like to consider which most | | | | using this principle. Since fundamentals determine the |
| great investor demonstrate are boldness, patience, | | | | response of the market, they do their research on |
| abilities to recognize opportunities and take actions. | | | | the earnings of the companies released to the |
| Boldness | | | | market. They consider the profit after tax of the |
| Most great stock traders are bold and are willing to | | | | companies and also the quarterly result release to the |
| take calculated risk when others are trying to bail out | | | | public. If the earnings release to the public is positive |
| of the stock market. The reason they take | | | | and the profit after tax is positive, they will mandate |
| calculated risk is because they know that the stock | | | | their broker to buy the stocks. |
| market has two significant periods which is also | | | | Patience |
| known as the bullish market and the bear market. | | | | Another important principle is patience. The ability to |
| The bullish market is when most listed equities | | | | wait patiently for the bull to return back to the stock |
| appreciate in price while the bear market is when the | | | | market. In some cases like penny stock and some |
| prices of equities fall. Great investors recognize that | | | | blue chip companies, you take your profit the same |
| the best time to buy a stock is when it below it | | | | day, while in some cases you might have to wait for |
| 52weeks high which leads me to my second point. | | | | 3 month or 6 month before you can take profit or |
| They recognize opportunities | | | | receive returns on your investment. |