The most important thing for trading and investing

The most important thing for trading and investing is "the patience".

Patience is the key to everything, actually !

But don't be patient blindly. I know some guys are very patient as a bear from March till now. This is totally wrong !

So, make sure:

1. Your patience is correct. Over the time, you should be able to see the market is rewarding your patience !
2. Understand why you are patient ?
3. Know what you are waiting for ?

As an example, I am a bull with patience this year. And the market keeps rewarding me so my patience is correct. I know why and what I am waiting for. Please refer to my long term market overview again, which is posted in September, 2009.

Other ideas can be found here.