One of the reasons why traders still struggle with impatience is simply because they still haven’t seen trading as a business.
Walk with me 🚶🏽♂️➡️
Let’s say I sell shoes 👞 now and each shoe I bought them for $200 each of which when I sell, I will sell for $250, I must make profits.
Now no matter how broke I am, I will never sell the shoes for $50 or anything lower than $200, simply because it would be a loss on my end.
So instead i will patiently wait for the client that would buy them at my selling price.
Bringing it into trading now;
You’re waiting for your setup before enter the trade but because you’re impatient you would enter too early and either put yourself unnecessary drawdowns or incurred losses that could have been avoided only if you were patient enough to wait for the right opportunity.
You get the Point? 🥱