Patient Traders Beat Smart Traders, Really?

Patience is one of the components that I think is very important, besides discipline, patience will be able to explore us from unnecessary commercials, for example, too rushed in entry even though our system has not provided a signal

In forex trading the hardest thing is to control emotions that are dominant to control the mind of traders. Because it can influence decisions taken when trading. Some of the emotions that most often disturb the concentration and consistency of a trader include greed and fear which will ultimately reduce ability and accuracy in making objective decisions. Excessive fear tends to prevent a trader from opening a position, or it can also make him close his position too fast. Most professional traders have trained their psychology in their trading, so they have patience and high calm. They will always wait for a good movement on the market. Don't worry too late, patience will always bear sweet fruit in the end. It is precisely when we in a hurry there will be an analysis error and prediction will be more likely to occur, if impatient in analyzing, hurry to open positions, or ignore the existence of unconfirmed indicators in the trading system. So determine a reasonable target and achieved consistently more important than the amount of profit. Keep in mind that the more profit target is determined, of course the greater the risk that can occur.

that's true. When you can be patient then you will be able to maintain your concentration and your desire to become a rich person, therefore everything must be done with patience

Patience, waiting for opportunities is something that was emphasized by big traders in the past, which was manifested by the number of their transactions being less when compared to transactions by amateur traders.

I feel intelligence is only related to accelerating someone in learning to trade, not in terms of trading success. Because the relationship between trading theory and practice in real accounts requires what is called "self-control". Without self-control, the road to successful trading will be more difficult and longer.

In my opinion, the cleverness of a trader is the result of their patience as well. Just try it if you are impatient a trader will also be lazy to learn and will not be smart.

If now you feel you have a little intelligence then don't stop there but try to combine it with patience. Vice versa if you feel you have good patience but still often lose, then try to improve your analysis while training your intelligence.

patience will indeed make our hearts even better, therefore we must be able to get something good when we do a job we have to be patient