If you are an elf, it is good to realize which traits there are for you. There are nine elven race traits, and a maximum of 5 can be slotted in your Trait Tree Panel.
You can earn the traits by doing special deeds, theso called 'elven deeds'. You will get these deeds by slaying monsters (goblins, orcs, drakes) and by becoming friends of the elves.
Deeds at level 13
Silvan Shadows
How to get: by slaying 50 goblins, you can find a lot of them in the Midgewater Marshes in Bree-land or near Duillond in Ered Luin
Deed: Enmity of the Goblins (I)
Benefits: you can slot the Stealth skill (cooldown is 30 mins)
Friend of Man
How to get: by slaying 50 orcs
Deed: Enmity of the Orcs (I)
Benefits: you get +20 Fate (interesting for a loremaster, minstrel, runekeeper)
Deeds at level 19
Tactics and Conviction Bonus
How to get: by slaying 100 goblins
Deed: Enmity of the Goblins II
Benefits: you get +5% on blue (power restoration) and green (morale restoration) fellowship manoeuvre skills
Deeds at level 25
Elf bow damage
How to get: by slaying 150 goblins
Deed: Enmity of the Goblins III
Benefits: you will get +5% on bow damage
Deeds at level 29 & 30
Return to Rivendell (lvl 29)
How to get: by slaying 150 orcs
Deed: Enmity of the Orcs II
Benefits: you can travel to Rivendell (cooldown 1 hour)
Elf one-handed sword damage bonus (lvl 30)
How to get: by slaying 100 drakes
Deed: Enmity of the Drakes (I)
Benefits: you will get +5% to sword damage (1 handed)
Deeds at level 35
Eldar's Grace
How to get: by slaying 250 orcs
Deed: Enmity of the Orcs III
Benefits: you will get +75% parry for 10 secs, 30 min cooldown
Power of the Eldar
How to get: by slaying 150 drakes
Deed: Enmity of the Drakes II
Benefits: you will get a +5% bonus to your fellowship power for 10 mins., 30 mins. cooldown
Virtous Elf
How to get: by becoming friends with the elven faction (Rivendell elves)
Deed: Friend of Elves of Rivendell
Benefits: you will get a +1 bonus on your traits Wisdom, Patience and Charity
You can earn the traits by doing special deeds, theso called 'elven deeds'. You will get these deeds by slaying monsters (goblins, orcs, drakes) and by becoming friends of the elves.
Deeds at level 13

How to get: by slaying 50 goblins, you can find a lot of them in the Midgewater Marshes in Bree-land or near Duillond in Ered Luin
Deed: Enmity of the Goblins (I)
Benefits: you can slot the Stealth skill (cooldown is 30 mins)

How to get: by slaying 50 orcs
Deed: Enmity of the Orcs (I)
Benefits: you get +20 Fate (interesting for a loremaster, minstrel, runekeeper)
Deeds at level 19

How to get: by slaying 100 goblins
Deed: Enmity of the Goblins II
Benefits: you get +5% on blue (power restoration) and green (morale restoration) fellowship manoeuvre skills
Deeds at level 25

How to get: by slaying 150 goblins
Deed: Enmity of the Goblins III
Benefits: you will get +5% on bow damage
Deeds at level 29 & 30

How to get: by slaying 150 orcs
Deed: Enmity of the Orcs II
Benefits: you can travel to Rivendell (cooldown 1 hour)

How to get: by slaying 100 drakes
Deed: Enmity of the Drakes (I)
Benefits: you will get +5% to sword damage (1 handed)
Deeds at level 35

How to get: by slaying 250 orcs
Deed: Enmity of the Orcs III
Benefits: you will get +75% parry for 10 secs, 30 min cooldown

How to get: by slaying 150 drakes
Deed: Enmity of the Drakes II
Benefits: you will get a +5% bonus to your fellowship power for 10 mins., 30 mins. cooldown

How to get: by becoming friends with the elven faction (Rivendell elves)
Deed: Friend of Elves of Rivendell
Benefits: you will get a +1 bonus on your traits Wisdom, Patience and Charity