This section details the essential qualities an individual should possess as an equity manager.
1. Discipline
Of all the qualities required in handling equities the most important one is discipline. Be it investment or speculation, discipline is a must to prevent lethal losses and to make decent profits. Discipline is the shield that protects an individual from the dreadful market emotions of greed and fear.
2. Education
As for every profession, education is a must in this field too. Though markets teach a lot as time pass by, some lessons may be very painful or even lethal. It is a must that a market aspirant should have received some kind of a formal training at least for a period of 6 months before actually entering in to the arena. Books like Intelligent investor (Benjamin Graham), Buffetology (Mary Buffet), Technical analysis of the financial markets (John J Murphy) are some of the must reads which gives a broader picture of the market to novices.
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