However, for the patience, I want to believe that depends on your style of trading as you really do not want to be patient in a day or short term trading when you want to be stopping loss. Personally, I believe the only time that is applicable is for long term trading after buying at the dip.
Patience applies to all sorts of investment/trading durations. Patience isn't something that by definition means you are waiting a long time (e.g months) to liquidate your position in the market.
Patience can also be you waiting a few more hours instead of liquidating your position within your usual 5-10 minute trading range. It's all personal and fitting within your own way of trading.
In the same way that patience can be a good thing, it can also turn out to be working against you. It all comes down to how you recalculate the market based on each trend or sentiment adjustment. Everything in here changes quickly.