There is a popular saying in the stock market, called "seven losses, two draws and one profit", which means that most people either lose money in the stock market or barely break even, and only a few actually make money. Some people.

As an ordinary person who has just entered the stock market, what qualities do you need to have in order not to lose money in the stock market, or even make money?

Today I will share the first quality you need in investing: patience.

Patience means that you have spare money in your account, but you can still insist on doing nothing and wait for that excellent investment opportunity to appear.

Buffett once used legendary baseball star Ted Williams' book "The Science of Hitting" to explain his investment philosophy - "Wait for the perfect pitch, and then hit it."

Ted Williams is the only baseball player in the past 70 years to have 400 hits in a season. In "The Science of Hitting," he explains his technique. He divided the strike zone into 77 grids the size of baseballs. He will only swing when the ball lands in his "best" squares, even if he risks striking out, because swinging to his "worst" squares will significantly reduce his success rate.

Patience means that after you buy a company's stock, you may be "trapped" by 20 to 30% by the market for a while, but you can still "sit firmly on the Diaoyutai", not only have a calm mind, but also have money Willing to continue buying.

Investors must understand the truth that no one in the market can always sell stocks at the highest point and buy at the lowest point. If you are optimistic about this company, you still need to be patient when its stock falls, grow with the company, and wait for it to reverse course.

In the preface to Benjamin Graham's book "The Intelligent Investor", investment guru Warren Buffett once wrote this sentence:

To make money throughout your life Achieving investment success does not require top IQ, extraordinary business acumen or secret information, but requires a solid knowledge system as the basis for decision-making, and the ability to control one's emotions so that they will not react to such The system causes erosion.

Let us continue to learn, optimize our investment system, and slowly become rich together. In the next article, I will share with you the second quality you need in investing: focus.