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Patient Traders Beat Smart Traders, Really?

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Ikhtiar

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In everyday life, someone needs to have patience, especially traders. because nothing in life is always smooth, even in running this business there will definitely be the potential for us to get into trouble so we have to be patient.
#706 - December 01, 2023, 12:54:58 AM

Vernalta

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There is some truth in that but it is not 100% true because in my opinion that one person can beat a smart person because they can control their passions and don't get too emotional when they fail. In contrast to smart people, most of them don't accept it and always do everything they can with their intelligence to  do and return the capital but what I feel here is when you are just patient and not smart.  In my opinion, that's also wrong. You can be patient, but you also have to be able to be accompanied by your intelligence to analyze and gain profits so that later you are not only smart and not only patient.
#707 - December 01, 2023, 08:15:05 AM

CullenZbrlng

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It depends bro, smart traders definitely have mature strategies in trading,
#708 - December 02, 2023, 04:36:09 AM

Vernalta

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When we are patient, our performance will increase because patient people always put their own interests first so they can manage their psychology. When that person is only smart but doesn't have patience, I'm sure there will be many negative traits such as greed, revenge, such as holding lots of open positions.  because they feel smart, but when patient people trade, they prioritize their position as a trader to gain material profits, but of course I agree that patient people are better than smart people.  But all of that must also be balanced. We will be wiser when we are patient but we are also smart
#709 - December 04, 2023, 08:10:37 AM

Ikhtiar

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The trader is patient with what happens then he draws conclusions and moves on. What is important is not what you have achieved with your intelligence, but what conclusions you have drawn from the situation. This is what will determine many things in your future trading.
#710 - December 04, 2023, 12:44:02 PM

Vernalta

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people who are always patient will definitely always beat people who are smarter because that person can carry out activities with stable emotions because in fact smart people always want to win on their own and cannot be patient when they fail but people who are at the beginning and can exercise patience with  Well, of course it will be easy to get something that is right on target and of course people like this can be consistent because they take it slowly, they are careful. They can manage their management and can regulate their own psychology in opening positions. They definitely wait for the momentum.
#711 - December 07, 2023, 06:56:24 AM

Dyandra

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A patient person can beat a smart person. I agree with that, but we have to remember that patience alone is not enough. We also have to be smart. We also have to know how to analyze because only with patience we will be strong. We will have a brave mentality.  Maybe we can manage psychologically, but for analysis for Open positions we definitely use knowledge and we also have to be smart
#712 - December 08, 2023, 07:23:41 AM

Vernalta

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When you are patient then you can have the ability to suppress small risks and when you are patient you can make the situation calm and patient people are usually better than people who are only smart because people who are only smart usually find it difficult to accept defeat whereas  Patient people are more willing to accept failure, so they are more suitable to become successful people because they have good psychology with high patience.
#713 - December 12, 2023, 07:49:05 AM

Dyandra

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In my opinion, patience is important when you trade forex. You are required to be patient in trading with patience when you fail. When you reach a dead end, you can still do your best, evaluate without having to complain, because when you are only smart, you are not.  If you are patient, it will be difficult for you to trade optimally and you must be able to take advantage of this with high optimization.
#714 - December 14, 2023, 08:13:02 AM

Ikhtiar

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Basically, patience is part of the conditions that all traders must exercise if they want to be successful in running this Forex trading business. Patience will enable a trader to see the market clearly.
#715 - December 14, 2023, 08:42:07 AM

Dyandra

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I agree with what you say, patient people have a high level of psychological personality, patient people are able to control all problems calmly, patient people are usually not too rash in deciding something, they will look at the conditions, if they fail, maybe they will stop  first they will evaluate and they will trade another day when they are ready
#716 - December 17, 2023, 07:53:34 AM

Ikhtiar

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Being patient in trading will make us calm and of course not stressed thinking about prices. So give your brain time to rest for a moment and if your mind is clear we can return to analysis and enter the market to resume trading activities with patience and don't just rely on our brain.
#717 - December 17, 2023, 02:35:39 PM

aizafx

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I think all professional traders always have a lot of patience in waiting for trading momentum, and patiently waiting for where they will decide on the exit point so that a trade becomes effective in generating profits.
#718 - December 17, 2023, 09:41:09 PM

Dyandra

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people who are always patient tend not to carry out activities that are not rash, are not emotional and do not do negative actions, people who are patient always face problems with a smile with a calm mind, but definitely when people are patient, when they lose, they will not immediately reply.  revenge they will not immediately open many positions but they will wait for another momentum or at least they will close the position for that day and do it the next day that is one of the right ways so you can trade well
#719 - December 23, 2023, 07:40:36 AM

Vernalta

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When you are a patient person, then you can beat smart people as long as you have a good psychological level and a strong level of management because patient people are different from smart people. Patient people tend not to get emotional when they fail because they  know this is only temporary and needs to be evaluated, actually you don't need to try too hard to be someone else or change your method, just rest and continue the next day
#720 - January 26, 2024, 08:17:50 AM
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