Learning How To Wait in Forex Trading

[moonchild]

Trading is a waiting game, you have to learn how to wait for a set up and understand that most of what you'll be doing in trading involves waiting whether you're in a trade or you're waiting to get into a trade, most of the times you'll be in anticipation mode like a Tiger.

it's important to learn the art of waiting and also understand the importance of it, to cultivate patience and waiting in your trading, it's important to practise and self awareness is one of the most important tools you can incorporate in your trading.

Understand you're waiting and accept it, recognize any thought that creeps into your mind trying to make you take action, take it aside and inspect it, discard it if there isn't any evidence for it.

 

[FinTrader]

I think that due to the inability to wait and observe risks in trading, many traders lose their deposits. But you also need a proven trading strategy to wait in a disciplined manner. After all, it is the strategy that can show what conditions are needed in the market to make a trade. And also what conditions are important for fixing profit.