Patience is a Market Virtue
If we all would trade only when the trend is definitely indicated and then patiently wait until the action signifies the probable termination of the move, how much larger our profits would be!
1 to 2 successful trades in a day, based upon the important, intermediate trends will return far greater profits than countless attempts within the minor fluctuations, whereby a large number of losses must ensue and where the profits will be small.
Day trading doesn’t necessarily imply everyday trading!
