I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Tuesday, 27 March 2012

Investing vs Trading (5) - Key differences???

Read? Investing vs Trading (4) - Two great attributes of long-term investors

The more I read on those debates on investing vs. trading, the more I am convinced.

The key differences in good investors and good traders.

Good investors: They have guts and patience. When it is time to act on their ideas and belief, they dare to bet big.

Good traders: They have great skills in market timing and consistency is the way to go.

I think it is harder to be good traders than to be good investors.

1 comment:

  1. good investor - no (need) skill in market timing and not consistent

    good trader - no guts nor patience, no idea of their own.

    traders are usually more mechanical driven and strategy relience which form the trading system to produce consistency.

    investor, er i don't really know, may be more fundalmantal basis and time is all they need.


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