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I know that patience is very important in trading. But do you people know how patience is connected to a lot of things in trading?

Patience tells you not to use more than small amount of money that you have to trade
Patience advice you to use low leverage
Patience convince you to start with averaging
Patience tells you not to look for much profit

Did you know that the most successful traders are those that looks for small profit. This helps them to trade less volatile assets which are less risky.

If you are trading and not making money from it, it is because you do not have patience in trading. All strategies that is more about patience will help you to make money in trading.

Patience is useful when you have a clear definition of trading and how you deal with profit and loss, but without that, it is not logical to be patient with a losing investment. On the contrary, sometimes knowing that you made a bad deal and closing it with minimal losses is better than continuing to lose your investment.

Of course patience is everything in trading, like the first process in trading is to learn to have understanding and if you do not have patience to get this understanding and you go into the market to trade it will cause you to lose lot of money.

In the beginning of trading you may not be getting trading just the way you want for yourself but patience will keep you going by encouraging you. In trading you do not need patience in one particular aspect but from the beginning of trading till you Continue with trading. When you consider the profit you make in trading and if you don't have patience you can decide to over trade which can also lead you to lose more. Patience helps traders to be alright with profit they have for the moment.

Well, you are very much correct, patience is one vital component needed to be successful not just in trading, but in life generally, because most times what we are doing might not be giving us the right result but if we can be able to keep on working and be patient, eventually it's going to pay off at the very end.

Then talking of patience in trading, yes, it's very much important that a trader must have the right patience to wait for the right set-up before he or she takes a trade, wait and be very sure of the next move you want to take next, but know one thing, patience alone can't guarantee success in trading, you needs to be knowledgeable in technical and fundamental analysis, know how to manage your risk properly, know the kind of leverage to use if you must, knowing when to stay off the market, these are just few skills I can remember that you must have in other to be successful in trading, not just patience.

This must be a misconception. I mean, no one will stay forever for small profits. A beginner may start with a plan of "only small profits" but I am very much sure, after few days (not even weeks), will decide about some more profits and this will lead to being greedier and then the final result is what we usually hear about all traders.

Yes, small profit will be a definite boredom. Money making is more exciting only when you see more money inflow. This is a common truth as per human psychology.

Probably a prolong struggling trader after losing all their capital, may get back into trading with new plans like only 1 or 2 trade per day and only small profit on each trade. Still, over the time, I have been watching that they also do breach their own plans.

Being patience is a very big ritual which is the reason why most traders never able to make it a habit.

I guess you can’t be patient enough if you know nothing about trading. Patience helps you comes up with informed, rational decisions, thus waiting for the right opportunities to trade with higher probability of gaining profits. Without patience and most likely discipline in trading, one can never do diligent research and set up clear trading plan and developed trading strategies, thus ending a trade prone to failure and losses.

Actually this isnt really just that talking about being patient but rather  this is really that talking about self realizations and thinking up realistically because patience isnt enough for you
to have these kind of considerations or thinking specially when you do deal up with a volatile market. On the time that you are really that having those kind of positive expectations towards
trading and setting up some unrealistic goals just because you are really that too optimistic that you can do it then it do really shows that you arent that wary enough about on how this market works.
People would really be thato nly making out those realizations on the time or moment that they would be able to see themselves having those experiences.

Although patience would really be that making a huge positive effect on the time that you would really be applying this into this field on which on the time that you do have that patience
then you are really that aware on what are the actions that you would really be needing up to be done since you are already that wary on how things works. You would really be
able to normally learn things naturally along the way and this is why it would really be important that you do really have that kind of acceptance on the moment that
you would be able to engage with it. It all matters about self awareness on how things do works around.

Patience is important because it relates to discipline too. You can not have good discipline if you are impatient and without good discipline, you are keen on failure rather than success.

Discipline is important in life, not only in trading or investment.

I don't think these things relate to patience, but relate to discipline. Patience helps you to get good discipline that will in turn help you to stick with your plan and strategy for trading. With it, you will patiently wait for good entries to open your trading positions, and wait patiently to take profit. It also helps you to close your positions with cut loss, stop limit order or manually without hesitation and wait for recovery but market will fall down deeper in reality.

Capital management, leverage usage, averaging strategy are all related to your trading knowledge and strategy, but not related to patience.

Some traders are high risk takers because they assume that they higher the risk the bigger the profit. They fail to understand that they might also lose all if the market turns against them. I am not in that category because I believe in building wealth gradually until it grows. Patience is an important virtue that gives you hope when others are becoming hopeless. It helps us to analyze the market thoroughly before taking decision.

It is not out of place to take risks sometimes. However, greed can lead to unrecoverable losses. We should always take calculated risks that are not driven by greed.

Patience is in an important place when trading, unconsciously we really need it. But it doesn't seem to be from a trade because we miss it because we are too focused on something that is directly related to trading, such as market conditions and so on. What you said is very big, because if we look deeper then we will find something small that is the fruit of patience. For example, in determining when we will enter, sometimes emotions drive us to quickly enter, even though in our analysis we know that there is still a more appropriate time, but our minds are disturbed by great desires or also by thoughts of fear of a sudden price reversal, and unconsciously patience has an important role in situations like this.

that's right. I experienced it myself when I was learning to trade. what was on my mind was impatience to start trading. wanting to get a profit immediately and finally rushing to open a trading position.
whoever wants to trade, they have to be patient and that is the key. don't be too hasty to start trading. do everything when we are really ready to do it, no need to be too hasty.

The big winning trades that I have gotten came from very long trades like months on end and I am just holding that position and then waiting for that really big jump and then take profits. Having that long-term trade is patience already and has helped me get some profits.

This is a very unique skill that should be learned by every trader.

To win as a trader, you need enough knowledge and experience then patience and discipline to wait for a long time before finding a good entry that will help to gaining profit. Without any of these things will cause to unsuccessful trading and loss is waiting you along your trading adventure.

When you hold your position in trading for months, it turns to be investment, no longer as trading but your example gives newbies an idea that if they only use Spot trading, don't use leverages or futures, they can hold their positions for months and wait for price rally or even a bull run. This advice is for strong cryptocurrency like Bitcoin, Ethereum. With small and new altcoins which are very sensitive with Bitcoin correction and bear market as well as abandon of founders and developers, it's super risky to hold them. With them, holding longer means higher risk to get bigger loss.

Any trader that does not wear patience like a cloth is doomed to fail. Patience is once of the greatest attributes of successful traders and no matter the strategy you are using, without waiting for the patter to fully developed, any entry can be disastrous. 

I have had bad experience with impatience like a situation whereby I got the directional bit but unable to wait for market to reach point of interest before waiting for the setup to enter. The result of this is that the market will hit my stop loss before continuing in my direction, this is the height of pain.

Like my friend who always opens a lot of trading positions because they want to get more profit, but what happens when the market crashes and bitcoin to $50K he loses all of it, which initially wanted to open 1 position instead of 4 positions opened with high leverage, meaning he does not have patience but more greed is high.

If trading there is no patience then it will fall apart, I say this because I have experienced it even though from that incident it became a valuable experience for me in the future to trade, and so far not trading in a few months because for me it is too draining a restless mind.

Be it trading or any other profession, patience will always be the key to success. I really liked how OP has divided the portions where patience plays an important role. According to me, the most important part where patience comes in is setting profit goals. We need to set goals and then keep the coins untouched patiently. If someone learns this act, then definitely he can excel in trading and making profits. Just don’t be greedy and have patience and faith in the market.

This has been the head topic of every influencer or tutor that I have come across the the crypto trading industry, the golden rule or trading has always been be patient in every trade you take. patience has so many benefits as it has to even make more profit, last time I was with a friend who traded and lost his trade immediately rentered the market because his always patient with his strategy and as such he made a good profit from the trade.

In everything you do it's always very good to have patience as it's one guide to succeed in life generally and not only in trading.

It's quite ironic for me that I have patience to hold my assets for more than 4 years, but I don't have the patience when it comes to trading. This is the reason why I lost my money in trading. I'm doing fine back when I'm only trading in Spot, but because of greed and curiosity, I tried to do futures trading where most profits are being created there but instead of profits, I got losses because of lack of patience. Lack of patience and at the same time, high leverages is what caused me to lose my money in trading.

I will not forget that I became a greedy and impatient person back then. Same with when I invested into meme coin when it is at it's hype, and I lost my money.

This hurts really bad for me. :D
Kidding aside, I would also add that patience would be an important factor for the trader in order for them to make profit, but patience alone as we know isn't enough. We still need knowledge that will help us in making better decisions. :)

Of course patience is the key to victory, only experienced traders can do this, because there are so many experiences about rushing, over-leveraging, fomo on the ups and downs so that placing short and long positions without clear arrangements in their trading activities become losses faster, yes that is me who has learned from a lot of impatience in the market.

Patience makes me prefer a calmer flow, leverage no more than 10x with adjusted risk if my position is liquidated.

When new people to trading near about patience, there can be limits to the extent that people understand what patience really means. Even when learning to trade, patience is essential, because the learning process is not so easy and will always require you to be consistent. New traders who are impatient can easily get a loss of focus that will lead to them looking for signal groups to join into for free signals. Even if this signal groups are profiting sometimes, how long can they stay that way, and will you really call your self a trader if you just depend on signal groups. Joining signal groups for quick profit is one thing that lack of patience in trading can cause.

Trading is hard. Anyone can trade only few can be patient. And truth is, the reward of patience is getting paid. In other words, like most traders say, we get paid by being patient. Patience is what makes the trader stick to rules of trading and it is what makes the trader to not trade with emotions, rather apply psychology.

patience in trading helps a whole lot but learn to know the difference between patience and wasting your time waiting is another act you should learn because if you understand the concept of trading and its dynamics, there are some things you wouldn't be even trying to wait for as it becomes obvious jus through a glimpse at the chart so you shouldn't try to even think of been patient with such as it may appear like a waste of time.

  

Patience creates more winning trades, and that's for certain. While those who trade impatiently, they're most likely trading using their emotions which is the worst enemy when trading. Emotions have no room in trading, but patience is all we need so we can be successful in our series of trades, regardless if it means sticking to long trades just to come up with trading perfect timing.

...patience enables or help you as a trader to still have money at hand when there an opportunity in the market when other impatient traders has lost all they had.
... Patient makes you calm because you don't enter a trading position before it gets to the appropriate timing
... Patience teaches you to understand that you don't need to chase a missed trading opportunity as another would surface again with time.

The truth remains that patience in cryptocurrency trading can't be overemphasized as it's a breastplate that every trader must at all times put on in order to avoid unnecessary losses other traders experiences in the market. It puts you more in profit with less losses.

I have to agree with everything that you have said because I know how important patience is in trading and every other aspect of our life. Patience tells you to be contended with what you have and not to be greedy to increase your leverage when you do not have the experience for the new leverage. Patience is the key to having a successful trading and investment career. Patience teaches you to learn before you begin to practice. Patience helps you to rethink the decision you want to make and not be in a rush to make them. But while having patience, do not mistake it with being dumb as there are times you have to man up and decide that you made a mistake to end the trade before you lose too much money that you would not be capable of handling but still you need to be have patience with yourself.

I think it's no secret that patience is the key to be successful in trading or in life in general. Without it, your emotions might take over, you reacted to impulses and so after that, it will result into a bad trade and then you are going to lose in the end.

But it takes practice though before we can settle down and have the ability and self control and us staying focus on the things that we wanted to accomplished. So not easy in the beginning for traders, but if they were able to endure it then they can make a better decision later.

Patience is a very important secondary aspect in crypto trading after you've learned the basics, like fundamental and technical analysis and being well mentored. A lot of people gets misconceptions about crypto trading because of what they hear from social media and people who misguides them. They enter trading with a lot of their funds and they're in a hurry to start making profits, then they lose everything. So I very much agree that patience is a virtue in crypto trading and newbies that didn't have experienced traders to mentor them will learn the hard way.

Yes, trading is very hard. It is not good to work for money and earn the money and use it to trade in a way that will take your time and also exhauste your energy and yet be losing the money. Traders that are not patient have these common losses.

Some people endure it and continue to trade but they continue to lose because they do not know the reason for their losses. Trading is very risky but patience helps a lot but many traders do not even know what it is to be patient and they have been trading for a long time.

Yes, those people who aren't making money in trading doesn't know much about patience. It's one of the most important things that a trade has because without patience a trader can't make any good profits.

Those who have no patience often end up losing money in trading and at the end they get into false beliefs that the market is manipulative blah blah blah. But in real they have no patience and that's why they lose money.

That goes to show that patience is everything a good trader must have. It's not all about how huge the profits awaits for you, but it's on how you do trading at its perfect timing. The market is never constant but is way more unpredictable and uncertain. And you can't take advantage of the market if you end up trading without the market's approval. That's the reason why as much as possible, being patient should be highly prioritized. Otherwise, trading will eventually turn into gambling, it's like you are only wasting time and money in an uncertain outcome.

Exactly. No one is good enough to stretch his patience more if he has no idea itself how trading works. Because if we observe new traders these days, patience has no room in them but it's more on greed and taking decisions impulsively and rush into trading without weighing its possible outcome. However, for real experienced traders, patience is all that it takes for them so they can maximize profits in trading and avoid possible losses.

Patience is what makes trading gain profits and avoid maximum losses. If all traders adopt patience everytime they decide to trade, then most probably we will end up with high rate of successful traders, but we all know it’s hardly possible for newbies in trading as they trade more with greed and aggressiveness, that’s why majority of them do not succeed but mostly end up with failure and high amount of losses.

In as much as I buy the Idea that patient is one key thing and contributes a lot in your profitability and helping one to becoming that successful trader which you want to become, indeed the market is a waiting game and it does require someone a trader with patient to to wait for the set ups and terms and conditions of entry to be met, However from the point of experience from years of trading, there are still other things aside being patience ,risk management would better be treated a separate thing on its own, which falls under using low leverage you made mention and not fall under being patience.

If one has the requisite trading skills and in addition to that, they aren't greedy, are patient and look for small profit, then you are correct that they would be somewhat successful in trading. The thing is, quite a lot of people do not fancy the small profits, they want to get the big one, and they forget that accruing little amounts over time is better than losing all your money in a short time and falling out of trading.

Searching a small profit but continuously will be recommended because they don't have to wait for some time to takes profit. They use their patience in trading and search for the way to enter and close their trading. They know that they can make a profit from that and if they repeat that way, their profit will be bigger. But many traders doesn't want to make a small profit instead want to chase the bigger profit but they don't realizes that the market can reverse to the other direction. That makes many traders lose the opportunity to make a profit and buy in a lower price because they still wait for the next higher price which they don't know when that will comes. They can wait to make a profit more and more and with patience they have, they will make a big profit from collecting their small profit.

Patience is everything since without this all of those activities what you do will collapsed. Also by having that traits for sure we could decide well on anything action that we want to do.

Compare if we don't have any patience to wait on anything since what we always want is fast result. With that for sure there's huge chance that we will only lose our money. That's why its really good to bring good attitude on every investment decisions we made, especially on doing trade since we provably could take home some gains if we have good discipline. Trading is risky that's why we need good attitude to deal with those risk properly.

This “trap” is actually very easy to avoid:

You make a plan before the trade that includes both the stop losses and the take profit targets ... and stick 100% to this plan.
In this way, “too greedy” can no longer happen, as you think very carefully in advance about when to get out - both in the case of bad trends and good trends.

This approach has saved me from losing money countless times, so I would definitely recommend it.

Yeah, good advise, I think newbies and even those who have been trading for so long might have benefited from this. And why not, I mean if you are really just going for the profits, and as little as you can then you can used this plan and stick to it.

The problem with some traders is that they know the tricks and tips, but still though they fell on the trap of being greedy. We can't blame them though, but if you have a plan you just have to stick to it no matter what the result will be and then just re-adjust as you go along.

I agree with  you bro, the importance of patience can not be overlooked in almost every aspect of human life. Just like you have outlined the above importance of patience in trading, I also want to add that patience is what can make a trader to take a brake. There's how someone might be trading and because they have had some unexpected lose, they might want to keep trying luck but if they exercise patience, they will come in terms with their instinct to take a brake and repeat back next time or later on.

Small profits that are obtained routinely will be better and this will also be big and we can see the overall results that we get from the trade but in this case of course a good strategy is needed in the trade that we do, both and must also be able to control ourselves when trading because if we cannot control ourselves of course there will be greed that makes us not produce anything when trading and only losses will we get.
Buying at a low price will certainly provide benefits, but in order to survive, we must continue to monitor market movements to see whether the assets we hold still have the potential to generate future profits or not, and if we really have to immediately take the profits we have earned, we can let go with the profits we have earned.

That will helps us to make a profit routinely but we must smart enough to see when we can take profit in our trading. Good strategy is necessary to see the time when we can enter to the market so we can buy at a low price and wait until the price increase. That is why we must learn more about trading so we can posses a good skills that will be useful to trade. We don't have to feels that is difficult because that is the way that we must do to be a pro trader.

Buying at a low price will be many trader wants but if we don't have a good skills to analyze the market, we will not have a chance to buy at that low price. With the price fluctuation, it seems we must analyze deeper to know when we can enter to the market. If we can take a small profit and can be patient to wait for the next chance, we can make another small profit for that day. If we can have more patient with our trading, our profit will be increase.

That is why many people are not really interested anymore in trading because they can stay and learn very well on trading they can't be patient for a while to learn trading they usually complain on it, and trading is not an easy task to do you need to have enough knowledge on it, before you can be successful on the market, they have many groups that they are dropping signal that people will be using and stake and later they will win and sometimes they will lose on it, and when someone is more focusing on that aspect he won't get time to learn, he will just be waiting for free to stake, and that can not make people be patient to learn and that is why they are focusing on some social media groups, before you can be professional on trading you need to be patient and try to learn everything on trading, and he won't be just a week or month. he will take time and if you can be patient and try to learn very well am sure you will definitely succeed on it, patient is the power to achieve everything is the crypto market.

It's a fact. Traders who are successful in trading because one of the factors is having patience. Because in trading patience is the key to achieving success. This is the same as a farmer who is patient in caring for and maintaining his plants until harvest time, so too with a patient trader will reap huge profits in the future.

One of the main reasons why patience is very important in trading is because of its role in preventing us from making the wrong decisions. Moreover, everyone understands that the market is unpredictable, and in trading it is usually very fast where the decisions we make must also be fast, this is where patience plays a major role in avoiding all risks. In addition, if we do not have impatience, it can cause us to make hasty decisions that are usually more filled with emotion than the analysis we have done. Because basically, patient traders usually stick to the strategy from the start without changing the strategy in the middle of the road, and always avoid unnecessary risks.

Now I see why a lot of traders are not in profits, not because they don’t know how to trade, but because they are very greedy so they want to trade eagerly regardless if the timing is right or not. And so they end up losing all their funds and eventually quit. That only proves that impatient people have no rooms in trading, otherwise they will keep on trading and consistently lose their funds as well. Greed should be out, patience should be in. That’s the key for a successful trading.

Patience is the key to success as long as we continue to struggle without stopping, continue to explore knowledge to achieve success in business, patience will also lead us to a better path because we are not careless in taking action, there are many lessons we can learn from our patience in waiting for news good thing coming our way.

If we don't have patience then destruction will come to us, because in trading the most important thing we cultivate is patience to wait for good profits for us, if we don't have patience then what we often do is take actions that we never think twice about. Thus, we cannot control our emotions so that our trading continues to suffer losses due to our own mistakes.

Patience is crucial for every trader, whether you're a small investor or dealing with larger sums. It's essential to align your strategy with the 4-year cycle, without extending beyond it. The choice of coin is also a key factor in achieving any sort of profit in trading. Continuous research is necessary—staying informed on both new and existing investments can make a big difference. Having a solid exit strategy is vital to avoid exiting too early or missing out on a significant ROI.

These are the things people don't know in trading most people think trading is all about huge capital to trade at same time you will have back in return, without knowing that patient also bring profit while trading with little capital, or even though you must trade with huge capital it doesn't mean that you must have huge profit sometimes huge capital with less profit helps to build up the profit made from Little trading. Of course people will get it twisted because they will think the more they spend time online trading the more their money increases without knowing that the more you spend online the more you lose your capital in a long position trading.

Patience means everything in terms of trading, if you are not patience in trading you will surely end up lossing or you will not earn, just like investing or even in buying at low then selling at high price, if we don't have patience in crypto we will loss. And it is proven and tested by so many investors not only in new investors or traders but also to those who are expert.

There is a provb wic said" The patient dog alway eat the fattest done" to me what I really believe in the trading world is that as a trader what makes a trader more successful in traders is his patience, now are days people really need to deal with it frist before jumping into the world of trading if not taking care of this will cause the person great  loss, infact as a trader the most important part ones need to work on very well is the part of "patient"  "tolerances" "unflappable" well this three are same meaning but are very powerful if been misunderstood and can cause losses.

Usually trading is having many strategies and things related to this because it's never been easy to understand this all but as mentioned patience is surely key but not for all because few want to keep things on short term, and they lost to have quick profit even this also not exist for long term but still it's all about own mind-set few believe long term with patience is trap, but this is also having good worth.

But, main point is still if we are having good strategy and patience then we can go for better profit in trading because it's never been failure with just keep eye on analysis and other related things technical points because these are also important in trade after this if you are keep going with your controlled emotions and have patience then your this will give you good reward, and you could be better trader.

In everything, patience is one of the key things that can lead someone to success in trading. If a trader lacks patience, he will definitely find it difficult to make money because trading is such a thing that you need to take even if its small profit and move on with the market, but some traders lack the patience and think exiting the market will not help them.


Exactly. Newbie traders think successful; they see out there started it big; they don't know it is all a gradual process. This successful trader keeps greediness aside, and they always get content with what they get and continue with their trading journey. Newbie traders should know this: nobody started it big.

Patience alone is not enough without being assisted by analysis. A trader must of course be patient before making a decision, not only about when to buy and when to sell, but also when they have to change their plans midway. The market sometimes moves not according to expectations, so patience here can include when traders have to observe and wait a while before making a decision.

One of the things a trader must have is of course patience, the rest can be categorized under trading psychology. There are many points that can influence whether a trader is successful or not, this depends on their trading psychology and strategic approach.

By being patient, you will have the perfect timing when to trade for profits and when to avoid trading if there are no chances to win your trades. Patience makes you stick to your own strategy no matter how unpredictable the market is. With all the market crash and price fluctuations, without patience it will be hard for any trader to succeed in trading but instead fall on the pressure and get carried away by wrong decisions in trading.

Patience is an absolute thing that must be possessed by a trader, when they cannot manage patients there will be no profit obtained and this is indeed directly related to trading psychology and will certainly have an impact on the final decision to be taken.
This will be synchronized with the strategy used, if the strategy is not appropriate then there must be a decision taken or use the backup strategy that has been prepared.

It is not easy to process trading psychology, as a beginner if you are not prepared for the unwanted situation it will be quite a difficult decision.
Even when the target has been achieved, it is even confused whether to take advantage of the main target or want to achieve a higher price.

Patience is the crucial factor in trading, many traders can not profit because they are not patient, i still suffered big loss in trading, i have chances to exit with small profit but when i try to a bit large profit then market is crashing, still my initial fund is not recovered. So patience is the main thing to make successful trade.

We do know that it is not easy at all, too many people fail and I think it is going to take a long time for us to see this change anytime soon. However, patience is a must, no matter how long it takes, no matter how difficult we find it, we must eventually learn how to be willing to wait for it. If we can't wait, then trading will not be profitable and we are going to lose a lot of money, too many people make the same mistakes and because of that too many people keep losing money.

Be careful with what you are doing and how you are trading, these things are not automatically simple and profitable, so you have to learn how to do these things and if you can do them then you are going to make a good profit, otherwise it is not going to be great for you. We all face these issues and some of us get over it by just willing to stick with our trading plan, so always try to stick with your plan and you are going to get better results without a trouble, it depends on how big you could get and how you can wait for it.

It is a long-term strategy that must be maintained, not affected by any conditions and only focus on the main target.
People who make mistakes when setting investments for the long term are usually affected by sudden panic and not having money in reserve when prices continue to fall, psychology will play a role in giving final decisions like this.

Yes, stay focused on the initial plan and don't change anything,
so that the final result will be quite good, and the profits are commensurate.

There are some coins that have guaranteed long term investment profits including btc, near, ton, bnb, eth and many more. So if you invest in them and hold for a long period of time, you can definitely get huge profits from them. So it can be said that patience is a very valuable thing that not everyone has and that's why not everyone can be successful through investment. It should make everyone believe that patience is the key to success. we believe this word a lot but are not able to reflect it in reality.

Well, patience is something that is very necessary to all types of investments. Most particularly in trading where you are dealing with an uncertain market future. Thus, you need to trade only when you see that there is higher possibility to end with profits, and that requires more patience while waiting for the right set up to trade. Otherwise, when you trade randomly, rest assured losses await for you  later on.

In making trades, there is a need for us to exercise patience if we don't want to rush into some nasty situation whereby we rushed out of them the same way we went in, patience is the key in everything we do in life because it will guide, instruct and help rediscover on other things which time would have brough our way to discover after been patience, we can run a check on series of occasions whereby some people have not been patience in what they do and later regret making decision in them, all because they couldn't apply as little patience needed in other to get it right as applicable. 

Without patience in doing something, it will definitely have bad consequences in the future, in any case. Patience can be said to be one of the barriers for us so that we don't do something in a hurry. Because we have to be more careful in taking steps, don't let it make us regret it in the end. I have seen many people who rush into doing something end up with something unexpected. It should also be remembered that in trading we bring money and money is something sensitive, everyone says the same thing about money. Something sensitive will have a big impact on our lives, I will take an example in real life that money can break friendships or even family ties. If we relate it to trading, then that is one of the illustrations of why we have to be careful with money, one of which is by prioritizing patience.

Patience and persistence are most important to succeed in every endeavor. Now if a newbie trader starts trading and as we know in trading, everyone has an objective how can I invest and profit from it. But as many know we can't adapt ourselves to trade so I have to learn here patiently and stick to it. In most cases the possibility is that you may lose as opposed to gain by trading early on. So don't get discouraged or lose patience.  In trading you must spend a certain amount of time here and gradually learn and make yourself more experienced. Only then you can become a successful trader in future.

There will be new knowledge and new learning every day that we get if we pursue trading seriously and it is undeniable that patience from that will produce results to be able to control yourself not to make mistakes in trading. I realize that in trading the most difficult thing is to control yourself in everything when you see market movements that are not in accordance with our expectations or predictions, so being patient is important enough to avoid unwanted things.

In addition to you having to be patient, you also need a backup plan when the market moves don't match our initial predictions.
I always have a reserve strategy to deal with this and also have a reserve of money to buy more when the price really drops drastically.

Psychology will always be played when the market is unstable, but don't be influenced by an unstable market,
you must stick to the path that has been made and use the strategy that has been prepared.

Yep, self-discipline and backups can make wonders for everybody who utilizes them in dire situations ;D I agree.

As we are heading in our life we are having always new things and knowledge with many updates related to things which are linked with us like trading we are discussing for many months, and we are having too many new things from different peoples with most of the time we are taking positive things for our future and giving important new guidelines to others as well because no one can stop this trading is one of the most talked thing in recent time here.

We have too many new things which bring many good advantages and analysis for us as we are improving our knowledge base and having better and improved results even we are still in early stages, but we are surely doing good work, and we can go through for the better results with patience.

It's really essential to have a back-up plan regardless of how the market moves accordingly or not. Successful traders have made it a point to always have a reserved strategy, and that remains them successful and profitable all the way, so I think newbies should also learn from it. Patience may lead you right in trading, as well as having a good back up plan not only in trading but even in other aspects of investments as well.

Without the experience you can't be called a trader hence you don't need to be disappointed because you need the experience you are getting from failing. You have to continue to learn to the extent that you can be considered to be perfect. As a newbie just begining to start trading, you need persistence to keep you going so you don't get disappointed because of lack of profits. Trading is risky and not easy hence you have to be prepared for anything that you see ahead. Traders have lots of stories to tell because of the things they have witnessed from the market. You can do all your analysis correctly yet the market will still make you to lose. As you become a successful trader, there's no going backwards because you have all the knowledge that you didn't have previously when you just started to trade and with those new knowledge, you can enter any trade and make money.

To be honest patience is matter a lot what ever a person is trying to do in this life and his lack of patience all his plan can definitely go wrong, especially those newbie’s that are introduced themselves into the trading they think say trading is like other stuff that a person can just run without been patience or knowledge, The trading is all about have a much knowledge and is also not for those that are very emotional.

Furthermore, there are some people that they didn’t know how to control the market strategies and they calling themselves a traders where by they didn’t learn to know much about the trading, they forget that everything has a slow journey by fellowing the due process before achieving a goals

A special strategy or even a back-up strategy is indeed needed when the main strategy cannot run as planned.
There are many obstacles why it happens, one of which is because of the unpredictable market conditions and a lot of bad news in crypto.

A professional trader will also suffer losses when their plans are not in line with market conditions,
but they can recover quickly because they have a back-up plan or a specific strategy and do not panic about the situation.

Panic will be a factor that makes a person forget their strategy, not make good decisions and always see that there will only be losses.

Yes you are right in anything we do of course patience is needed in order to get good results because when someone does it without having patience of course they will do it in a hurry which of course the results obtained will not be in accordance with what they want and this is because when they do it they only base it on their feelings who only want to get better but they forget the importance of trading they must be very careful and considerate and after considering everything they can make a decision that will certainly benefit them.

Every person who trades certainly has their own strategy before deciding to enter the market and without knowledge of course they will not be able to make a profit but if they continue to learn about trading of course they will be able to get good results and of course they must be patient with each learning process that they must go through properly.

That is true because with patience people can improve their trading experience and skills to be better.
I have also heard how a trader only thinks about making small money in trading consistently and they only target appropriate results and do not force themselves to be greedy in trading.
Almost many people do not get the results they want when they are involved in the initial trades they do because they may talk about knowledge or experience.
But over time, experience will teach us to continue to improve, it is better to make small profits than to lose a lot of money in trading.

The problem is that patience will not make anything when someone does not understand trading and instead persists in patience that has no direction will not help anyone to develop.