Today we will hear about people talking about patience and how it is the key to success in trading. Tomorrow we will hear another set of people encouraging one not to be patient, but quit if they are not making profits.
At this point, I will advice everyone to stick to what they believe and face the consequences if any occurs. There are lots of confusion already on this issue, listening to every advice and recommendations will likely lead one astray than help them. Trading is risky, that's the truth. If you have the capacity to handle the risks, carry on with it.
But we know that you need to be patient with developing your trading skills if you want to earn some profits in the long run. There is no magic about it that you must have to give it time of dedication. If anyone thinks that quitting will make them feel better then that's cool but if you really want to be a better trader with higher profits and fewer losses, you don't get to achieve that in a short time of starting to trade.
Wish more people knew this. You can't become a great trader just because you want to, that is not how it's going to work. It is not really ok to think that we can be an awesome trader in 3 months. To get this working, you need to spend months on getting better, first you need to study to become better because there are a lot of stuff we need to study and do better job. But that doesn't mean that we are going to get a great return, it is going to get a better return when we can do a better job.
However, not only studying is enough, after you studied, you are going to make mistakes while trading, so you need to go back and see what these mistakes were, and why you made them and learn from them to get better and not repeat too.