The Essence of Trading
The essence of trading is actually waiting; this simple act of waiting acts like an insurmountable barrier, ruthlessly eliminating 90% of people.
Trading, in essence, is not complicated; as long as you grasp the wisdom of waiting, you can get started. However, in reality, trading is fraught with difficulties, and no one is willing to wait.
Ultimately, only those who can understand and adhere to waiting can achieve success in the trading world. This 'waiting' is never a purposeless waste of time, but rather a precise layout anchoring key points.
Wait for the panic to be released during sharp declines, wait for the bottom to be solidified during stops, wait for the trend to be established during reversals, wait to enter at the right rhythm, wait until exhaustion to take profits in time, wait for corrections to confirm support.