‼️ One of the weaknesses of traders that is difficult to fix is: Patience.
🔴 In the trading game. Perhaps we need to learn one virtue from women: bargaining.
🔴 Let's try to observe mothers and sisters going to the market, we will see that they are very patient in bargaining for a bunch of vegetables or fish. That's choosing a good entry.
🔴 Like buying a good stock at an average price is better than buying an average stock at a good price.
🔴 When patience makes you impatient, promoting the mentality of "fear of people eating all your share", "fear of tomorrow the money in the market will run out" is a mistake.
🔴 In financial transactions, being faster than your opponents is good, but if the timing is not right, it will cost you.
🔴 The market does not always welcome you to make continuous bets.
🆘 For financial markets, stocks, crypto, currencies, gold and commodities, 70% are sideways markets. And there are hardly too many entry points.
🆘 The remaining 30% of the market will have a strong acceleration trend that can destroy your account. Because most people don't know how to cut losses.
🫵 Always keep in mind that
Tomorrow the market will still be there, only traders will leave
It's better to swallow saliva than wipe tears
Then you will be less fomo and impatient in transactions
AND when you have a good entry, you will feel more confident in your trading position.
