How do you build patience for the right trade?

Patience isn't waiting — it's waiting while knowing exactly what you're waiting for. Traders who can describe their setup precisely find waiting far easier than those who can't.

How do you build patience for the right trade? — risk-reward diagram
A risk-reward ratio of 1 to 2

What helps you wait?

  • how you define the trade you're waiting for
  • what you do instead of watching the chart
  • how waiting felt before and after you had a plan
How do you build patience for the right trade? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The overtrading guide explains why boredom feels like a signal.

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