What does a qualified trader need to do?

Patience is the highest realm in trading, and patience is the highest realm:

Whether it is short-term speculation or medium to long-term trading, patience is an indispensable condition for success. People have various emotions, such as impatience, capriciousness, calmness, arrogance, etc., which can all affect trading judgment and results.

Patience is a very important quality for traders. Chasing highs and selling lows is a manifestation of impatience. When a trader buys a coin, if they do not have the patience to wait for the right entry point, they may end up buying at a mid-point. If the price rises, they may become restless, leading to panic as their emotions uncontrollably escalate with the fluctuations in market quotes.

Many people lack patience, primarily due to a lack of security and confidence. For example, if the price rises from 6.00u to 6.40u, the 6.45u level is a major resistance point. If the price successfully breaks through this level, it will open up upward space. If the breakout fails, the coin price will turn downward, breaking through the 5.80u support level and continuing to test lower levels. During such a turning point, if traders lack patience, they will make significant mistakes. Any directional mistake, combined with the trader's uncontrollable emotions, often results in deep losses.

Patience is not only required when buying but also when selling. Without patience, after making a correct buy, if you exit before your profits have expanded, you will only make a small amount of money. If you want to increase your profits, you need to follow the market's pace and wait for the upward trend to reach its final stage.

To increase profits, traders need to possess strong patience. Continuously rising prices will constantly trigger the trader's inner urge to sell, which requires great confidence and patience to control. If the trader lacks patience at this time, they may sell too early. For a coin that has risen by 80%, you may only have earned a 20% profit. Seeing the gains slip away at the last moment is a very tormenting experience.