What does patience look like in practice?

"Be patient" is advice without instructions. The practical version is specific: a watchlist, defined setups, alerts, and something else to do while waiting. Patience is designed, not felt.

What does patience look like in practice? — risk-reward diagram
A risk-reward ratio of 1 to 2

Describe your patience system:

  • the tools and rules that keep you out
  • what you do while waiting for a setup
  • the moment patience became automatic
What does patience look like in practice? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The order types guide shows how pending orders let the market come to you.

Comments

Log in to join the discussion. Comments follow the community guidelines.

Log in to comment

Loading comments…