Could you elaborate on your thoughts, thx.
What had trading done for and to you?
- Thread starter themickey
- Start date
I'm curious too. I wonder if bad patience means trigger shy.
It may mean something else for you.
For me, good patience is having the guts to stay in a trade and not cut it too short. Bad patience is staying with a loser for too long. It sounds very easy, but once you're in a trade, all feelings scream that you want to get out, while out, you get FOMO. So you can also see it in reverse, that bad patience is missing opportunities, and good patience is waiting for a good enough setup (nothing is perfect).
Yeah, bad patience usually results in poor trading or not efficient trading. For example, someone staying in a losing trade too long especially when they ignore a new trade opportunity in the opposite direction such as staying in a losing Short position and then they get a Long signal but they ignore that Long signal to keep the Short position.
"Good traders liquidate when they are wrong, great traders reverse when they are wrong"
- Jack D. Schwager
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Sounds real.
Good money+ good mind work.
And never be the first one to cross a croc -croc stream . Unless its a lion with helpers LOL
Unreal answers by unreal traders. Mostly. Garbage.
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Are you noting your unreal mix up on calling a oil downtrend , an uptrend?? LOL I dont know why '' By1sell oil '' did not live his new nickname i gave him. I may not call that again, this week anyway
It was a nice intraday uptrend that followed my post. It is always more useful to call trends before they develop. I was too busy printing ES contracts to short, but wisdom is profitable to direct.
