Thread: 
Qualities of a successful trader:
All the investment advice that we follow says that before starting any investment, even if it is a small investment, or even before starting work in small or medium projects, we must search for a distinct idea for a profitable business, and then study many business ideas Through a business plan form, a feasibility study, or otherwise. All of these tips are correct, but most of them forgot the most important step, which is the necessity of answering the following question: Can I be an investor? Or do I have the characteristics of a successful investor? What are the characteristics of a successful investor?
1- Love of achievements
The most important first quality that a successful investor enjoys is his love and constant aspiration for achievement, as he measures his success in life by the number of accomplishments he can achieve. Of course, the love of achievement means that the investor enjoys the challenge, determination, and hard work without stopping, in order to be able to enter the market with his new project and the ability to compete with other projects within the same field. Love of achievement does not mean only the investor’s tendency to set a list of accomplishments, but rather it means that this investor has many advantages and qualities implicitly, such as the ability to set goals and measure them, the ability to identify alternatives, solve problems and make decisions wisely, and finally the ability to take risks with a lot of persistence. To reach the goal.
2- The ability to achieve the goal and vision of the project
It is not enough to have an idea of capital to start investing in your project, but rather you must have the goal that drives you to work within this project. The goal of the project constitutes the main motivation for the work, and of course, the goal of the project must be associated with an appropriate vision that reflects the intelligence of the investor.
3- Risk management
A profitable venture or a successful investment is often related to the high risk associated with this project. There is a rule prevailing among major investors and entrepreneurs, which is that if you want to enter the market with a huge project not only in size but in terms of uniqueness, distinction, and competitive advantage that it enjoys, then you must bear a lot of risks. Risk does not mean that you completely close your eyes and set out to start your project without awareness or sufficient study, but on the contrary, risk means that you study the project from all its parties and plan for all possibilities of success and failure, with a high probability of risk, either because of venturing into a project that is presented first Once, or a project similar to another project that seeks to compete with it or because the project is built within an unstable economic environment and the presence of great possibilities for fluctuations in the market or even for other reasons.
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Originally Posted by warid34
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