Is patience key to success on trading??

[MRY]

We must learn from our mistakes if we want to succeed in the future, because in trading we must have made mistakes in analyzing and reading market movements and these mistakes give us experience that we can use in the future so that we do not experience the same mistakes.

Success and failure are two key elements that we understand within progression that are common in almost or perhaps all areas including trading. It appears that every mistake we have ever made can be a terrific opportunity to enhance our abilities to analyze the data and our overall insight into the markets.

With these experiences, we are able to prevent future mishaps, and minimize the likes of making similar mistakes in future. It makes us more experienced and capable of making the next trading decision is the next step.

[Faisal2202]

I have talked with many professional trader and i have learnt from them that patience is the main key to success on trading. So that before doing trading we all need to set up by psychologically. That's how we can control our mind and not to be panicked. Most of the trader fall into the trap after price fluctuate a bit.Most of the trader get panicked on that time and exit from his trade without taking any profit even with losses. So that it will help us a lot to success on crypto trading.
I wanna know all your opinion that what are you thinking, Is patience is key to success on trading??

Patience is definitely one of the keys to make a successful trade I mean if you have enough knowledge to do all the technical analysis too then now you just have to trust yourself and the analysis you done and go with it, if market makes unpredicted moves then don't panic and prepare a plan to make less loss or more profit too.

Proper analysis and with time when a trader saw the difficult time they automatically manages themselves and they automatically builds their patience level because patience matters but if the market is asking us to keep patience only then.

[Azharul]

I have talked with many professional trader and i have learnt from them that patience is the main key to success on trading. So that before doing trading we all need to set up by psychologically. That's how we can control our mind and not to be panicked. Most of the trader fall into the trap after price fluctuate a bit.Most of the trader get panicked on that time and exit from his trade without taking any profit even with losses. So that it will help us a lot to success on crypto trading.
I wanna know all your opinion that what are you thinking, Is patience is key to success on trading??

Yes, of course i am also agree with your excellent comment, which you express your best opinion in your post. So i believe that patience is one of the best way to make money from trading. Because if we follow in any regular trader, we also see that they could success in cryptocurrency market by there patience and strategy. Because we know that trading is very risky for new trader. So when we want to invest or trading, we must be understand in cryptocurrency market. Without experience we can not prosper in crypto trading. Because we believe that patience is the best key to success in trading system. At last we told that if we want to earn best profit we should remain patience for best trading in cryptocurrency market.

[bayu7adi]

Patience is indeed one of the keys to success, but other aspects should never be forgotten, such as an attitude of never giving up, optimism, diligent learning, intelligence, consistency and many more that also influence success in trading... success itself cannot be achieved only with patience, in my opinion what is more important than patience is consistency... this is sometimes more difficult than patience, and from several books that I have read, consistency is the most difficult thing.

[36B]

Patience is indeed one of the keys to success, but other aspects should never be forgotten, such as an attitude of never giving up, optimism, diligent learning, intelligence, consistency and many more that also influence success in trading... success itself cannot be achieved only with patience, in my opinion what is more important than patience is consistency... this is sometimes more difficult than patience, and from several books that I have read, consistency is the most difficult thing.

Well, Understanding is a good start up tool, but to experience high returns, we now need to incorporate constant endurements. The greatest difficulty is not abstinence, but adherence to the steps which are known to be appropriate, though the outcome is not immediately perceptible.

Coherency demands that we grow, stay positive and do not quit when things get tough. With this strength we have improved the trading process, which means that each of our actions is closer to the required level.

[Bobcrypto]

I have talked with many professional trader and i have learnt from them that patience is the main key to success on trading. So that before doing trading we all need to set up by psychologically. That's how we can control our mind and not to be panicked. Most of the trader fall into the trap after price fluctuate a bit.Most of the trader get panicked on that time and exit from his trade without taking any profit even with losses. So that it will help us a lot to success on crypto trading.
I wanna know all your opinion that what are you thinking, Is patience is key to success on trading??

Yes, there is no doubt about patience on crypto trading, a very strong key which many newbie have not considered as a big factor, and they ended losing trades.
Another factor that is even as effective on crypto trading as being patience is experience, and without experience it will be very difficult to make profit.
Now, experience with some patience has the capacity to yield a reasonable profit on the long or short run basis. It is advisable to obtain a good knowledge and experiences plus patience to be a good trader.