Nine Years as a Trader: The Essence of Trading is Waiting

Having been in trading for nine years, if someone were to ask me what my greatest skill is, I would firmly say: it is waiting.

Perhaps some may not understand: shouldn't a trader's core skill be accurately analyzing the market?

In fact, market analysis plays a very small role in trading. Experienced traders spend most of their time waiting.

So, what exactly are we waiting for amid the market's ups and downs? Simply put, we are waiting for that crucial moment when trading advantages peak.

Within market fluctuations, some signals indicate that buyers are stronger, while others suggest that sellers have the upper hand.

When the buyer advantage signals far exceed those of the seller, the market is likely to tilt towards the buyers, and vice versa; this is the right moment to enter.

These waiting market advantages are collectively referred to as trading strategies in trading terminology. They are usually composed of multiple market conditions.

Only when the market conditions that fit the strategy appear do we have the highest probability of winning when entering the market.

Many people believe that trading requires constant analysis of the market, predicting trends, and participating immediately.

But this is a misunderstanding of the market. Most of the time, the market fluctuates randomly, without any rules. We do not need to seek victory in every market movement; instead, we should decisively act when the probability of winning is high.

Comparing trading to hunting, we do not need to predict the prey's path (which is very difficult to do), but rather we should shoot decisively when the prey enters our range.

After walking the trading path for a long time, one will understand that the essence of trading is waiting. Learning to avoid chaotic markets and only entering when there is certainty will naturally elevate trading skills.