《“Trading is simple” is the biggest lie? No, it's just that you haven't understood the value of “waiting”》 🎯
Many people spend their whole lives chasing and killing prices in the market because they cannot bear one thing - “waiting” ⏳.
True trading is not about constantly looking for opportunities but rather patiently waiting like a hunter 🦅 for that high-probability “key point” in chaotic market conditions.
🚀 How to understand and apply this set of “key point” mindset?
1️⃣ Wait for a sharp drop after a gradual decline
➡️ The market consumes the patience of bulls during a gradual decline. What you are “waiting” for is the final outburst of bearish forces, which usually occurs towards the end of a trend. 📉
2️⃣ Wait for stabilization after a sharp drop
➡️ Do not try to catch the bottom after a sharp drop! What you are “waiting” for is the price to oscillate in a certain area, where volatility decreases, leading to a “stabilization candlestick” (like a long lower shadow).🛑
3️⃣ Wait for a reversal after stabilization
➡️ Stabilization does not immediately mean a rise. What you are “waiting” for is the confirmation of the bottom structure (like a W bottom) or the breakthrough of an important resistance level. 🔁
4️⃣ Wait to enter after a reversal
➡️ When you see a reversal signal, you still need patience. What you are “waiting” for is the price to retest and confirm the effectiveness of support, which is the best entry point for risk-reward ratio. 🎯
5️⃣ Wait for exhaustion after entering
➡️ After holding a position, what you are “waiting” for is signs of exhaustion in the price's upward momentum (like divergent tops, volume stagnation), not to sell at every fluctuation. 📈
6️⃣ Wait for a pullback after exhaustion / Wait for support after a pullback
➡️ This is the art of taking profits and re-entering. What you are “waiting” for is the price to pull back to a key support area before deciding whether to exit or increase your position. ⚖️
The core of this mindset is “to act where you should, and refrain where you shouldn't.” Most of the time, we should patiently observe from the sidelines 👀 and only act decisively when the “key point” appears. ⚡
(Disclaimer: This article is a personal trading insight and does not constitute any investment advice.)
