That is right. for me, trading needs pacience because you should wait until it's the right time to buy. and you should wait again when it is right time to sell.
We should also accept small losses along the way because if we don't accept small losses and did not set stop loss. on our trades, we will loss a lot of money when the pricess fall down. That is why it is good to set up stop loss on our trading decissions.
One more thing we should atleast study the simple support and resistance before diving into trading.
And lastly only trade the money you can afford to loss because of the volatility of the market we cannot be sure of what will happen on the market.