There are virtues that would keep you going, most especially for everyone that would want to succeed in this space. Below are some of the virtues needed:
- Patience: Do not be in haste to sell, even when the market is red. Most times, red market indicates a time to buy more and wait for green days.
- Smartness: You need this virtue to know when to sell and when to buy back.
I think these two combine in a basic characteristic a newbie has to have.
RESEARCH and EAGERNESS TO LEARN. you really need to do a lot of research not only here but in several forums and papers. You don't like to enter a gave risking the thing you want to have, right?