"Money is made sitting, not trading." — Jesse Livermore
In the crypto market, patience is the most scarce quality. Most investors lose not because of a lack of opportunities, but because of overtrading. Professional traders spend 80% of their time waiting and 20% executing trades. Build an "Opportunity Filter": only participate in trades that meet strict criteria.
The value of waiting: 1) Avoid emotional decisions 2) Improve win rate 3) Reduce trading costs
Remember: Missing an opportunity won't bankrupt you, but wrong trades will.
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Dingkun
· 10h ago
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Trading Psychology: The Art of Patience
"Money is made sitting, not trading." — Jesse Livermore
In the crypto market, patience is the most scarce quality. Most investors lose not because of a lack of opportunities, but because of overtrading. Professional traders spend 80% of their time waiting and 20% executing trades. Build an "Opportunity Filter": only participate in trades that meet strict criteria.
The value of waiting:
1) Avoid emotional decisions
2) Improve win rate
3) Reduce trading costs
Remember: Missing an opportunity won't bankrupt you, but wrong trades will.