Patience does not mean sitting idle; it means waiting for the right moment to enter and exit without being driven by emotion or fear.
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⚖️ Second: Forms of patience in trading
1. Patience before entering:
Do not enter the trade unless all the conditions of your strategy align — not because of a “feeling” or “the candle looks nice.”
🧭 Late entry is better than a wrong entry.
2. Patience during the trade:
When you enter the trade, stick to the plan and do not close it early due to minor fluctuations.
📈 Respect your target and your stop loss.
3. Patience after a loss:
Do not try to compensate for the loss immediately with a revenge trade.
🔄 Take a short break and return with a cool head.
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🧠 Third: Practical tips for developing patience
• Write a clear trading plan and specify exactly when to enter and exit.
• Use price alerts instead of constantly monitoring the screen.
• Train yourself to accept that not every day presents an opportunity.
• Remember that the market does not end today — but it rewards those who wait for the right moment.
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💬 Golden saying:
“The market transfers money from the impatient to the patient.” – Warren Buffett