"SOMETMIES THE BEST ACTION IS SIMPLY WAITING TO ACT"
Patience is indeed a trading virtue, and one that is learned mostly through experience. After entering a trade, you should give the market time to react as you expect it to – don’t get impatient and trade out before the market has had time to move.
Similarly, chasing markets that have already moved is a sign of lack of discipline. If you miss an opportunity, let it go. You’re far better off waiting until the next clear signal comes along, rather than entering a trade once the moment has passed.
Patience is indeed a trading virtue, and one that is learned mostly through experience. After entering a trade, you should give the market time to react as you expect it to – don’t get impatient and trade out before the market has had time to move.
Similarly, chasing markets that have already moved is a sign of lack of discipline. If you miss an opportunity, let it go. You’re far better off waiting until the next clear signal comes along, rather than entering a trade once the moment has passed.
No comments:
Post a Comment