Patience is the key to success in whatever we do and so it is in trading, without patience we will just end of losing money and taking un calculated risks. Lack of patience is very common with beginners because all they think of is making money and they eagerly looking for profits. Trading requires patience and also requires time to learn and understand it properly to reduce the chances of failure, having knowledge about trading doesn’t guarantee success because even experts experience loss too. Newbies need to learn to be patient and also eliminate greed in their tradings if they want to be successful in trading because it is a very risky business.