Quote from: freedomgo on April 11, 2019, 06:06:44 AM

Quote from: 4p0l4k4y on April 10, 2019, 12:10:59 PM

Quote from: CryptoReggae on March 24, 2019, 08:56:22 AM

Trading is primarily a psychological game about oneself. Learn to have calm, rationality and then things come by themselves.

You can do a perfect technical analysis, but if you don't have patience and you get anxious, everything becomes more difficult

I agree. Trading is just a card game. Using your emotions will make you more mistakes and make your forget your strategy in creating good trading decisions.

Emotion are weakness in trading, this is all about pure strategy, and you have to be able to be in control of your emotion
for that strategy to be effectively initiated. There are a lot of people who are good in theory, they can make good analysis in trading but they failed in the implementation.

Patience is vital to succeed in the field of trading. You have to get really clear on why it is youre trading. Have a checklist before entering any trade, set trading plan, stay informed, do research inorder to acquire necessary skills and knowledge that would help succeed and survive in any trading challenges. Our tendency is to choose immediate rewards, that's why we fall on bad trades and lack of patience could make us take trades that won't fit on all entry criteria. Trading is never easy and their is absolutely no shortcut to success. It is important that we learn to resist temporary satisfaction, improve self-control in order to maximize profit and reap better rewards. Without patience, we wont be able to succeed in any field.