In my opinion, trading patience, like trading execution, does not appear out of thin air, nor can it be obtained by self-encouragement, nor can it be improved through your deliberate training.
The root of trading patience comes from your understanding of the core of trading.
If you understand that trading requires patience, then no matter how impatient you are, you will be patient, because you know that without patience you will lose everything.
If you don't understand why trading requires patience, then no matter how you brainwash yourself or force yourself, you can't be patient.
Why?
Because if you don't understand the fundamentals, there are countless information in this market that will make you lose patience.
For example, you want to be patient and prepare to wait for the market with a light position, but the big guy next to you who is full of positions every day has doubled his position in 5 days.
For another example, you want to be patient and want to follow the big market at a large level, but the intraday brother next to you has already made 500% intraday profit seven times in and seven times out.
Then you look at your 10% capital utilization rate and 30% profit, can you still be patient?
You can't be patient at all.
Therefore, patience must be possessed from the cognitive level, otherwise it is all empty and will disappear after a few market fluctuations.
Then the key question is, from the cognitive level, why does trading require patience?
Patience, specifically mapped to trading behavior, generally has two aspects.
One is the position. Patient people can hold a light position, while impatient people will inevitably tend to hold a heavy position.
The second is the trading frequency. Patient people can trade at a low frequency, while impatient people will trade at a high frequency.
Therefore, the root of the patience problem is actually, why do you need a light position when trading? And why do you need to reduce the frequency when trading?
Then why do you need a light position + low frequency when trading?
It's very simple, you don't have the holy grail of trading. You can't guarantee that you will make a stable profit at all times. If you can ensure that you make a profit every time you trade every day, then those who hold a light position are fools... You will definitely take your life savings and go all in.
Therefore, we need a light position + low frequency.
A relatively light position can allow us to survive when it is unfavorable and wait until we can make money, while a relatively low frequency can prevent us from making random efforts at the wrong time, saving bullets and waiting for the market to be favorable to us to realize profits.
