Your own stock market strategy and those who you chose to follow will ultimately determine your success. Remember, ANY system will beat no system at all. But you'll need to follow a stock market strategy that has been proven successful as well as being a good fit for you to give yourself the best chance for consistent profits.

In 2010, Warren Buffett was the third wealthiest man in the world. It is no wonder, then, that so many people are trying to imitate his methods when they invest in the stock market. Of course, it is easier said than done, or all anyone would have to do is to read a book and instantly be as successful. So just how does one invest like him? Reading and studying about investing like Warren Buffet is essential to understanding it. You want to get the same results as Mr. Buffet. Putting his strategies into practice is where you will find success.

Warren Buffet has been investing in the stock market since 1951, so we have over 50 years of his wisdom to consider. After visiting the New York Stock Exchange at the age of ten, he made his first stock purchase in Cities Service for his sister and himself. According to Mr. Buffett, who is a philanthropist, industrialist, and an investor, you first need to know if a particular stock is worth investing in. Mr. Buffet also says that most investors make three common mistakes right before an investment. Knowing what not to do is important as well when investing like Warren Buffet.

Reading about what Mr. Buffet advises and putting it into practice are two entirely separate things. As you continue to learn how to think like him and advance in the process of investing like Warren Buffet, he has particular advice. Never losing your money, recession-proofing your investments, and the ten-minute ten-year rule are popular Warren philosophies. He also tends to ignore the doomsayers in the stock market. Knowing exactly when to sell a stock insures success also. Mr. Buffet says that the process of investing is really quite simple, and that we make the most errors when we complicate the process unnecessarily.

When he was a child, Mr. Buffet sold gum, soft drinks, and weekly magazines door-to-door. He also had a paper route. Today, as the CEO, Chairman, and Shareholder of Berkshire Hathaway, Warren Buffett's portfolio is impressive. He gives away 99% of his earnings to charity. His value investing philosophy and personal frugality also contribute to his success. He additionally loves the card game bridge, where the players who win are the ones who are most adept at correctly making judgments about mathematical probabilities. When implementing his proven strategies, you will make the right decisions and have greater returns when investing like Warren Buffet.

Each person will be different based on their tolerance for risk, their patience, the amount of time they have available, and their short and long-term goals. Do you want to 'day trade' or would you rather check on your investments once a week or once a month or even years? 

Take some time and determine for yourself which stock investment system is the best for you. You won't be sorry, and you could soon find yourself in the ranks of other successful investors like Warren Buffet.

Related:

• Ultimate Goal Of Trend Trading

The ultimate goal of trend trading is of course to make some money. Nobody or very few people only are spending time investing their money in the stock market just for fun. The objective is of course to make money. The exception here is maybe.......
 
• Have A Trading Plan Before Each Trade

Many people know that trading in the stock market could prove risky. Whatever stock you select to invest into could likely be lost. In this world, there are no legit investment without any risk involved in it. If you pour into a stock.......
 
• Choose An Investment Strategy That Suits You

Earning money from investing stocks is a wonderful feeling. Your money is in your hands, all decisions right or wrong are yours. However, it's not just plain smooth sailing! I got to admit that there's no such thing as a safe solution when.......