Patience is a Trader Secret weapon, deep down you already know that patience is a very important skill but some of you are not working on being a patient Trader, you blow your accounts way before the market presents better opportunity.
You will never Be Profitable if you are not Patient enough to wait for your Setup , it might appear fewer times in a week than expected but it's more than enough to make you profitable.
"It is easier to find another entry than to find another Capital"
GM Billionaires
ForeverInProfit 🥂
“I do not think there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature.”
— John D. Rockefeller
10 traders can look at the exact same chart, spot the exact same setup and all 10 will trade it differently.
Some will wait for confirmation.
Some will enter early.
Some will risk 1%.
Some will risk 10%.
Some will exit at the first sign of pressure. Some will hold through the drawdown.
Same TA. 10 different outcomes.
That’s because TA just tells you what might happen.
Strategy is the rules that decide what you do when it does.
Most traders have the first. Very few have the second.
And that’s exactly why most traders don’t last.
People think the market is really complicated. We went from bear market to all time highs in a week.
The less you think about how that’s possible the more money you make following the trend.