Biggest Key To Investing

I'm not the biggest fan of pep talks or cliche sayings, but if it comes to advice or tips on investing I'd have to say confidence is the biggest key by far. Like in a basketball game, job interview, or even when you set a goal for yourself, confidence is the biggest factor in success. That goes for investing too. If you don't believe the choice you made was the right one, or you don't have confidence in that choice, chances are that choice is going to be the wrong one. Once you have completed your research and you are confident in your decision to buy sell or short a stock or fund make sure your gut feeling is controlled because once in awhile your emotions will get to you and you'll make an emotional trade. Emotional trades can work out but chances are your research and confidence is your best bet to successful investment portfolio. What's the difference in confidence and your gut feeling? Well your gut feeling is based on instincts and what you have developed as habits throughout life, so if you have been in the market for 30 + years or your name is Warren Buffet, chances are your gut feeling needs more time. That's about how wise you are with your investments, but that's for another time. Confidence is on the building block to success. It builds character and helps you become more and more successful, because you start to believe in the process more and more and with hard work, wise trading, and confidence, you are on your way to being a successful investor!