Trading is a waiting game
Money does not flow from stupid people to smart people, but from impatient people to patient people.
Most people come to this market with the idea of getting rich overnight. They want to trade 24 hours a day. Seeing the fluctuations in the market, they feel that there are opportunities. If they don't open an order, they will miss the opportunity to get rich. The more others want to make big money and quick money in this market, the more you need to be calm and patient. This market will eliminate a large number of people every once in a while. You can only survive by doing the opposite of them.
Correct judgment plus patience and perseverance. Patience is one of the most difficult skills to master in trading. Most successful transactions use 90% of the time to wait for 10% of the time to operate. Only when the conditions for opening a position are met will they take action, otherwise they will wait for the moment when the opportunity comes.
All great transactions cannot be completed in one or two days. You must have the patience to wait for the opportunity to enter the market, and the patience to hold the position to finally wait for the harvest season.
