Post
Topic
Board Trading Discussion
Re: What does patience mean in trading?
by
stomachgrowls
on 15/08/2024, 19:39:43 UTC
As a trader, we need patience while trading.

In trading, patience is required at four levels:

A) You need patience to learn how the market moves and how to trade it—"Learn" first before you "Earn."

B) You need to have patience and do a thorough analysis before taking a trade. Do not rush into trades.

C) You need to be patient and wait for your setup or the right opportunity. Be a sniper, not a machine gun, opening trades at each market movement.


D) You need to be patient and let your trade hit your target—do not forget to let your winning trades run and cut your losses immediately.


Do you have something to add?

E. Patience on finding the right exit and right entry
F. Patience on the moment that you do lose then you do know on howto move on and go find for another one
G. Patience whenit comes too much volatileness
H. Patience considering all the analysis you made isnt 100% precise

It might that be that repititive but those above things mentioned are definitely preciseand concise when it comes to real time happening towards the marketsand the actual
condition on where a trader would really be able to experience and able to need to take action. Patience would really be having that huge role when it comes into this condition
specially when you are really that been barraged with tons on unpredictable results and outcomes on which all of those entries or exits you do have been fucked up.

On the moment you've seen yourself having some issues then it would really be testing out your emotions on how you would really be that making yourself
trying out to adjust on such particular condition on which this would really be that hard on this aspect. So it would really be basing up on how someone
would really be taking out such behavior on the moment they do deal up with this space.