What does patience mean in trading?

[ZAINmalik75]

C) You need to be patient and wait for your setup or the right opportunity. Be a sniper, not a machine gun, opening trades at each market movement.

This is the secret tip you are giving away just like that.  Waiting for the right opportunity is the best method to make more profit. Don't know about you but I have seen some people making good profits reason is, they waited, waited as long as possible for a single coin they think can make them more profit for the right moment. Otherwise, they move on to the next coin to see if there is any good point to take entry. Waiting for the right moment requires good patience. Newbies lack this but they can develop it with time.

D) You need to be patient and let your trade hit your target—do not forget to let your winning trades run and cut your losses immediately.

Newbies cut their profits by following the fake news and fud. They don't know it's just manipulation and they have to avoid it. They directly fall into the hands of manipulators and do exactly how big whales and social media channels want them to. People spread false news without any confirmation and it weakens the paitence of a trader and they start to think its the end.

[pieppiep]

C) You need to be patient and wait for your setup or the right opportunity. Be a sniper, not a machine gun, opening trades at each market movement.

This is the secret tip you are giving away just like that.  Waiting for the right opportunity is the best method to make more profit. Don't know about you but I have seen some people making good profits reason is, they waited, waited as long as possible for a single coin they think can make them more profit for the right moment. Otherwise, they move on to the next coin to see if there is any good point to take entry. Waiting for the right moment requires good patience. Newbies lack this but they can develop it with time.

D) You need to be patient and let your trade hit your target—do not forget to let your winning trades run and cut your losses immediately.

Newbies cut their profits by following the fake news and fud. They don't know it's just manipulation and they have to avoid it. They directly fall into the hands of manipulators and do exactly how big whales and social media channels want them to. People spread false news without any confirmation and it weakens the paitence of a trader and they start to think its the end.

Many traders have been trapped in this way, but I am sure they want to learn from the mistakes they have made so that currently there are not too many novice traders who are affected by bad news. They prefer to buy more when prices collapse. As you can see, current market conditions have returned to price increases again. At least this way shows that coin price movements in the market will go up and down, so patience is really needed to make a profit.

[|MINER|]

......
Do you have something to add?

For me, patience in trading means when Fear and Greed index is at high Fear means holding ability and when Greed is at high level it means patience to refrain from buying. And all these things a normal new trader does not understand. They are impatient and do the opposite. And the victims of FUD as well as ultimately appear to be the victims of losses. So I think that if you don't have patience with emotions in trading, it will be very difficult to gain.

[$crypto$]

......
Do you have something to add?

For me, patience in trading means when Fear and Greed index is at high Fear means holding ability and when Greed is at high level it means patience to refrain from buying. And all these things a normal new trader does not understand. They are impatient and do the opposite. And the victims of FUD as well as ultimately appear to be the victims of losses. So I think that if you don't have patience with emotions in trading, it will be very difficult to gain.

Patience is something that is closely related to emotions within us, in fact patience is part of emotions. And we know that in trading we have to be good at controlling our emotions, don't let our emotions control us.

I agree, we must be able to have patience when we lose or when we gain. We must have a plan at the beginning and we must be able to fully adhere to the commitments we made at the beginning, don't break them because of fear or greed.

[UNIVERSE]

Patience is something that is closely related to emotions within us, in fact patience is part of emotions. And we know that in trading we have to be good at controlling our emotions, don't let our emotions control us.

Of course, patience is a part of our emotion. When we can control our emotion, then we can be patient to deal with any condition. In trading, it is a must that we can control our emotion. If we have no control with our emotion, we are probably easy to decide everything carelessly. When the market is a correction and we have many FUDs, it is possible to lead to panic selling. It is only one of the example if we have no good control with our emotion.

I agree, we must be able to have patience when we lose or when we gain. We must have a plan at the beginning and we must be able to fully adhere to the commitments we made at the beginning, don't break them because of fear or greed.

Indeed. Patience is a must, it is one of the keys to succeed in trading. Sure, if we are patient we can stick with our plans, we don't easily panic and destroys everything.

[snowpega]

As a trader, we need patience while trading.

hmm, I think, I do not rely on four levels as it includes many other factors with it to being a patient trader or asset holder in the crypto space. One should also control his/her greed emotion in the crypto space to become a successful trader or holder. If one who is a newbie or one who does not have any control over his/her greedy emotion and sells assets or closes trades in rushing his action can lead him to the wrong end.

So, it is very important to have control on your greedy emotions. If one neglects this factor and keeps rushing to take the wrong action then in my view he/she can lose his accumulated amount soon due to wrong decisions. So, just saying this, patience has four levels that can be not the right statement dear, in my view, what do you think of it? As I said patience relies on many factors depending on the situation. 

[|MINER|]

Patience is something that is closely related to emotions within us, in fact patience is part of emotions. And we know that in trading we have to be good at controlling our emotions, don't let our emotions control us.

I agree, we must be able to have patience when we lose or when we gain. We must have a plan at the beginning and we must be able to fully adhere to the commitments we made at the beginning, don't break them because of fear or greed.

Yes. You are also right. In my opinion, I think  patience-ness is also part of emotions like those trader who can control their emotions while doing trading those have good patience. And the chances of success rate and as well that profit rate will be higher in case of those trader who have good patience on trading.
Because those trader who don't have patience those will be make mistakes when the FUD will be spread-ed on the market.

[Jamal Aezaz]

Patience means a lot in trading, this could be for a trader to take time in learning on how to trade and know when perfect to trade, there's need for us to be patience also in other to help us acheive having a better experience while on trades because it will make us avoid making some common mistakes which could have affected us while on trades if we didn't have patience on it.

Trading should not be considered as a quick rich mechanism because a person makes quick decisions and then becomes unable to forget the outcomes that he has to face due to quick and wrong decisions. Patience means a person should have the ability to tolerate all the ups and downs that come into his way and the first thing he should consider compulsory is to give time to learning with patience.

There are lots of people who do not give time to learning because they think that if they learn then there is a possibility that they will miss the opportunity of earning. I think missing the opportunity is better than losing money so give time to learning instead of giving time to useless thoughts and have the patience to deal with the fluctuations of the market.

[Crypto Library]

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There was an famous roman playwright name Plautus he said that "Patience is the best remedy for every trouble." I think this is also goes to trading because it came with the analytics trouble and to get success in trading, the trader must have patience. Only then a trader can earn profit without facing loss.
And of course, it should always be kept in mind that "Patience is bitter, but its fruit is sweet."

[JunaidAzizi]

I agree with what you said about patient as a trader because if you are not patient enough you will not be able to acquire the needed skills to be a successful trader and you will not be able to make right decisions in the market in other to manage your losses. Trading is not a get rich quick scheme just the way most newbies think about it and it takes a very long time and sacrifice to acquire the proper knowledge. Only trade with the amount of money that you can afford to lose when trading and be patient with the market by not jumping into the market when you don't understand the market.

Trading is a deep and lengthy process that works on the knowledge you acquire. The more knowledge you have, the better your understanding, and the more you can earn. I believe that people who lack self-confidence or have little control over their emotions should not venture into trading, as they may incur significant losses in this world of trading. Self-belief is a powerful force that supports your decision-making process. If you lack self-belief, your decisions may lead to losses due to misunderstandings or poor judgment. Therefore, if you lack these two qualities, try to develop them first before entering the world of trading.

[Aanuoluwatofunmi]

Patience means having a deep understanding of the necessary steps needed to take on trades without doing things in a wrong manner, when we are trading, we have to watch and trace our steps, know what we are doing and also have a target on what we have set to trade and be profitable in it, but some will only be moved by going for trade even when they have no idea on what to do in making the trade a successful one.

[$crypto$]

Patience is something that is closely related to emotions within us, in fact patience is part of emotions. And we know that in trading we have to be good at controlling our emotions, don't let our emotions control us.

I agree, we must be able to have patience when we lose or when we gain. We must have a plan at the beginning and we must be able to fully adhere to the commitments we made at the beginning, don't break them because of fear or greed.

Yes. You are also right. In my opinion, I think  patience-ness is also part of emotions like those trader who can control their emotions while doing trading those have good patience. And the chances of success rate and as well that profit rate will be higher in case of those trader who have good patience on trading.
Because those trader who don't have patience those will be make mistakes when the FUD will be spread-ed on the market.

FUD and FOMO are two things that we will continue to see in the market, because people also use it as one of their opportunities. And those who create these two things are usually people who have a big influence on market movements.

Experience will really help us in avoiding these two things, we can learn from our past experiences to deal with FUD or FOMO. Experience is something that is very valuable in decision making.

[Hamza2424]

The content and the subject are not relevant haha, you've got me just because of that question mark. TBH I was here to answer the question but after reading the content seems like it's not worth it.

But I will add a couple of more words to it, you cant be a good trader if you haven't bear the loss in the market. This is risk investment market, you need to face some troubles in order to be a good trader.

[happytime]

This is having all it takes to wait, observe, and generate valuable information about the project before investing in it,
It is important to be patient with anything you do in life, even cryptocurrency

[EluguHcman]

Do you have something to add?

Patient comes with a maturity of the mindset to understand that you you are potential to lost and profit but your trading strategies would provide you that tendencies to more profits than your losts so, when the lost comes, being patient with the strategies to control your emotions and not to be discouraged by falsely or media Speculations is assumed to be patience.

Overall, your ability not to sell at a downtown market season and keep holding until an uptown of when you realizes your trading goals is a resultant of your patience which results to your profita.