Yes that is it because when you have experience in trading you can always utilize the market whenever the market is is up but most people does not follow the market the way it is going when you have experience you would always take profit, maybe when the market drops you buy again and hold to watch when the market go up a little after which you can sell to take profit again with this gradual process you can actually accumulate profit for long run.
The fact of having experience in trading does help us in analyzing the market and react to every chance that appears. If we can read the market forces we can go along with the trend at the right pace when it is on an upward trend. Looking at the prices therefore means that there are chances to profit when price movements are closely examined despite volatility. In this case, the experience not only helps us identify what happens, but even calm us when we have to decide even in every changing condition.
However, not everyone is familiar with such rhythm and pattern. At this case, if we do not make a deeper understanding, it’s easy to be influenced by our feelings or be hasty which will be detrimental to ourselves. I translated ‘patience’ as the ability to look out for the ‘big picture’ in assets and the fortitude needed to stay in or get back into positions when things are going south, Mr. Market’s favorite time. Thus, profits will continue to be realised in the future. It is possible to make trading a way to achieve the best outcomes by being aware in depth and keeping a similar approach.