David Ryan: 4 Personality Traits Of Successful Investors | Alissa Coram | IBD

We often talk about the personality traits you don't want to have as an investor: greed, fear, hope and pride. But what about the personality traits of the most successful investors out there? Investing expert David Ryan, a former portfolio manager for IBD founder Bill O'Neil and three-time U.S. investing champion, shares why humility, passion, discipline and patience are so important for traders to master.
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[@AlissaCoramIBD]

Which personality trait do YOU think is most important? One you're looking to improve? For me, it's that patience piece :)

[@rizvi7621]

Humility.

[@SongmanKK]

Discipline. But patience will get you the big money.

[@Departingin5mins]

We’re lucky to have people like David Ryan helping us.

[@paultownsend4347]

Your best video yet. More wisdom in 15 minutes than I've heard in a very long time. Thank you.

[@AlissaCoramIBD]

Thank you so much, Paul! Hoping to share more content like this. I'm glad you enjoyed it.

[@calanderson4966]

David Ryan is one of the greatest investors ever, and he has remained humble, polite, respectful, composed and helpful...a real gentleman.

[@AlissaCoramIBD]

And he's so gracious with his time as well to help educate investors!

[@SongmanKK]

As a self-employed investor, this is one of the best videos I've seen. For me, the most important lesson is "you have to have the discipline to enact your rules". I usually set a max loss of 4% per trade, and apply it regularly, but recently I've incurred a few big losses of around 10%. The reason for this error is simple - I DID NOT FOLLOW MY Max Loss Rule. This was mainly for trades that reversed so quickly that I couldn't believe/accept the loss. As David says "It's really you vs. you, it's not you vs. the market", so if it happens again., I only have myself to blame. Thanks Alissa, for a great video.

[@AlissaCoramIBD]

I'm so glad this video resonated with you! David sure is a great source of wisdom. Some great reminders for us all!

[@AM-jo2wl]

A jewell of interview!!.....Most greateful!!

[@teresatennis]

David Ryan and Ali! A fantastic combo! Thank you so much for this video!!!

[@AlissaCoramIBD]

Thank you, Theresa! David is a great guest! We have another video with him in the works :)

[@mashedairsoft9821]

I love David, he's such a great guy and teacher. Great video!

[@AlissaCoramIBD]

Couldn't agree more. Thank you for watching!

[@FaintAura]

I always enjoy listening to David. Such a down-to-earth guy.

[@AlissaCoramIBD]

Totally agree! Thank you for watching :)

[@markc9888]

I like David Ryan alot. He's the real deal in this investment field and he's just so humble. Thank you for the great interview, hope there's more! Thank you Ali.

[@AlissaCoramIBD]

The real deal is right! Thank you for watching, Mark. More to come!

[@miguelgmag]

David Ryan the GOAT! He talks I listen, thanks Ali.

[@AlissaCoramIBD]

I'm right there with you, Miguel! Thank you for watching.

[@mattj3301]

I like that David quoted from the Bible. "For lack of discipline they will die, led astray by their own great folly." - Proverbs 5:23 I would be interested in knowing if David is a Christian, and if so what role his faith plays in his investing. Thanks for the video!

[@AlissaCoramIBD]

He sure is, it plays a big role!

[@trader6496]

David is such a great humble investor!

[@philmittenzwei1397]

Great video! David Ryan used numerous personal experiences (both positive and negative) and examples to hammer home the personality traits needed for successful trading. This video is a must watch to improve your investing skills. Ali, you are so strong at moderating when you have guests on your youtube channel as well as when you have the wheel on IBD Live.

[@AlissaCoramIBD]

Wow - thank you for this comment, Phil. Looking to deliver more helpful videos with awesome guests in the future!

[@tuff47]

I keep a stock investing journal and write down if a trade went great or sour. It helps me. I've learned from myself. The journal helps you identify your good and bad moves.

[@AlissaCoramIBD]

I love the idea of a physical journal! Post analysis is so important.

[@tuff47]

@@AlissaCoramIBD A little something I've learned during my trading journey. It really helps me alot.

[@ClayFranklin]

Thank you for these insights to wealth in trading. You reviewed the exact rules I need to adhere to instead of FOMO and fear and greed. It’s really up to me now to see if I can be better at establishing my rules I follow no matter what, and then do it without further thinking. ❤

[@vaibhavgade8573]

Certainly a best video on investor psychology capturing the crux of it in 15 mins. Thanx.

[@AlissaCoramIBD]

Glad to hear it, Vaibhav! Thanks so much for watching.

[@mikeyguevara2030]

Ali ur a beast at ur job

[@wallst4fun1]

Have you considered releasing these interviews as a podcast? I’d love to listen on the treadmill 😉

[@AlissaCoramIBD]

Thank you for this suggestion! You're definitely not the only one who has asked.

[@noblesinghraina]

Thank you so much for Sharing 😌

[@trading-doug1128]

I love your videos. You guys talk so much about Bill O'Neil's method, but I wish there was a video teaching us about his system.

[@AlissaCoramIBD]

If you ever want to watch IBD Live, that's where we're talking about O'Neil strategies all the time! investors.com/IBDLive

[@rizvi7621]

A+ guy! He is truly a living legend, who lives by these rules.

[@AlissaCoramIBD]

Thanks, MR! Always love getting to hear David's thoughts :)

[@clintoncondo3601]

Fantastic! Thank you for sharing.

[@AlissaCoramIBD]

And thank YOU for watching! :)

[@robertlopez9347]

David should write a book..

[@AlissaCoramIBD]

I agree!

[@ericson4534]

Thank you. Great content! ;)

[@charleshines844]

Great teaching on attitude to trading.

[@AlissaCoramIBD]

Thank you for watching, Charles!

[@p.treyben5567]

Seems like a really humble guy. Cool!!

[@AlissaCoramIBD]

He sure is! Thank you for watching.

[@scottgow6405]

Ali you and David Ryan are the Best! You would be great running a mutual fund.

[@AlissaCoramIBD]

That's quite the compliment, Scott! Thank you :)

[@noblesinghraina]

Awesome ❤️❤️❤️❤️

[@guitartutorhk6506]

great

[@GjergjElezAlia]

Any chance you can upload these to an Apple Podcast?

[@AlissaCoramIBD]

Love this idea! You aren't the only one requesting this :) Would love to expand to the audio realm!

[@NicoleDeanna]

Great video!

[@AlissaCoramIBD]

Thanks so much, Nicole! Glad you liked it.

[@robertlawler3048]

Great Interview!

[@AlissaCoramIBD]

Thank you, Robert!

[@LockyDe]

great channel! subscribed! thanks for sharing this great info

[@AlissaCoramIBD]

Thank you, glad to hear!

[@Joomlahacks]

Investing doesn't require any skills. Just put your money on SPY and wait for 10 years. Trading on the other hand require tremendous skills.

[@theWebWizrd]

You are definitely missing part of the point with this comment. For a lot of people, it's hard to "just" wait ten years. People are impatient - they want to be rich fast. Moreover, people don't like it when the stocks they own directly or indirectly go down. What if you put that money in and the marked falls 20%? Will you keep it there? What about six months later when it's down 30%? Or a year later when it's down 40%, inflation is hitting, war breaks out in Europe, interest is rising, every headline says stocks will underperformed the next ten years.... it's not easy to "just" sit on stocks, even indexes, for a decade. People get naturally anxious and worried.

[@myfreedom4989]

You talk too much than David Ryan. I want to listen to him … have a balance.