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Trading as part of the spiritual practice

I was reading something very classic and inspiring on the Fool. The following contents is partially quoted from the website.

2 must have traits to be successful

Timeline

Investing in stocks requires a minimum five-year time horizon. It can be hard to be a long-term investor in a short-term world — which brings us to the second secret ingredient for investing greatness.

Temperament

Successful investors have the ability to remain calm and levelheaded when everyone around them is freaking out. That mindset makes the difference between investors who consistently outperform the market and investors who get lucky for a while. When a group of business-school students asked Buffett why so few have been able to replicate his investing success, his reply was simple: “The reason gets down to temperament.”

But how? The article goes on and give us some advice on how to keep a cool head. Continue reading

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