How to be patient

[radex78]

Although not easy to be patience, but as trader need to trained, because if any trader only blindly in trading hence will also hard to making evaluation trades, if likely getting loss it will difficult to recognized mistake

 

[victorycountry]

No patience, no gain...simply, you're jumping into fire...

 

[Esha.J]

The road to success is always hard path. During the learning process you will experience lot of mental stress, depression, loss of money, frustration and what not. Waiting or patience is the most important in forex.

 

[radex78]

The road to success is always hard path. During the learning process you will experience lot of mental stress, depression, loss of money, frustration and what not. Waiting or patience is the most important in forex.

Yes many trader they faced many obstacle,I am also still not yet thinking will become success only few years later, but I think as trader beside patience also need they have positive mindset i this business

 

[K-Pia]

How to be patient ?
Be a trader. Not a gambler.
A trader understands what's an opportunity.
A trader understands that without advantage he's dead.
A trader understands he's there to make money ...
Therefore he waits for an opportunity.
No need to gamble with no edge.

Don't ask how to turn a dog, into a wolf ...
Become a wolf. You'll see how hard it is to be impatient then.

 

[radex78]

Yes trader will different with gambler, I think gambler will never long run in forex business because most their decision based on lucky without money management, but as trader will always consider with risk appetite in trades

 

[vic84]

Patience is a character that differs from person to person, and it comes as you gain experience in the market, the more you trade the more mature you become.

 

[endicottsteel]

I think one of the biggest reason for loss of money is impatience. I always close order too quickly, and if I lose, I can't wait to place another order. It sucks. I lost a lot of money on this. I want to be patient. Can anyone give some advice?

You cannot try and be patient you have to BE patient and make it part of you. The more you want and try to be patient the harder it will be.

If you are not patient then imo you are not ready to be patient. You have not take enough knocks, lost enough money. You have reached the first stage of progression which is to acknowledge the problem. The next step is to decide how and when you will change.

GL

 

[radex78]

Patience is a character that differs from person to person, and it comes as you gain experience in the market, the more you trade the more mature you become.

Yes I tyhink so too, as human nature will have different emotion level, there are people that always high temper if they facing with certain problem, and for this person might will hard to control emotion and be patient

 

[Esha.J]

Learn to manage your emotions. Remember, you have a choice in how you react in every situation. You can choose to be patient, or choose not to be. it's all up to you.