Trading is "waiting" 🧵 People who cannot wait are not suited to be...
Yumi🌸@samuraipips358
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Apr 02, 2025
~4 min read
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1
Trading is "waiting" 🧵
People who cannot wait are not suited to be traders.
The majority of trading is waiting.
↓Thread 1/5
People who cannot wait are not suited to be traders.
The majority of trading is waiting.
↓Thread 1/5
2
2/5
Because short-term results are strongly influenced by randomness, we need to repeat consistent actions and let probability work through the sample size.
To keep following consistent rules, it is necessary to "wait", but many people cannot wait, and even when the market environment isn't yet right for action, they worry, asking "how should I think about this so I can trade?", or regret, thinking "if only I had traded, I would have made a profit."
Since your rules say "do not trade in the current market environment", no matter how much the chart moves, you must do nothing, and it is not something you should be trading.
Regretting, despite doing nothing wrong and, in fact, doing the right thing, is the fundamental mistake itself.
You misunderstand that gaining profit is "a good thing" and "the correct answer"; that thinking is the very definition of a "win-loss game" and stands in direct opposition to the "game of probability".
The moment you prioritize "gaining profit" over following the rules, it is guaranteed that you absolutely cannot succeed in this uncertain world of trading.
Because short-term results are strongly influenced by randomness, we need to repeat consistent actions and let probability work through the sample size.
To keep following consistent rules, it is necessary to "wait", but many people cannot wait, and even when the market environment isn't yet right for action, they worry, asking "how should I think about this so I can trade?", or regret, thinking "if only I had traded, I would have made a profit."
Since your rules say "do not trade in the current market environment", no matter how much the chart moves, you must do nothing, and it is not something you should be trading.
Regretting, despite doing nothing wrong and, in fact, doing the right thing, is the fundamental mistake itself.
You misunderstand that gaining profit is "a good thing" and "the correct answer"; that thinking is the very definition of a "win-loss game" and stands in direct opposition to the "game of probability".
The moment you prioritize "gaining profit" over following the rules, it is guaranteed that you absolutely cannot succeed in this uncertain world of trading.
3
3/5
If you have thoroughly tested beforehand through a large sample size that your strategy has an edge, then follow those rules no matter what.
The reasons for not being able to wait are because the rules are not clear, because you do not understand the fundamental principle that the law of large numbers works by continuing to follow those rules, and because you still prioritize the immediate wins and losses before you.
If "what to do if this happens next" is clear, you should know at least how much time is needed for the chart to reach that state.
To form one hourly candlestick, it naturally takes one hour.
For example, if you are a trader who trades on the one-hour chart, you shouldn't need to stare at the charts constantly.
The scenario of "if this happens next, then do this" is extremely important; if your rules are not clear, you won't know what you should be waiting for, and you cannot wait.
If you have thoroughly tested beforehand through a large sample size that your strategy has an edge, then follow those rules no matter what.
The reasons for not being able to wait are because the rules are not clear, because you do not understand the fundamental principle that the law of large numbers works by continuing to follow those rules, and because you still prioritize the immediate wins and losses before you.
If "what to do if this happens next" is clear, you should know at least how much time is needed for the chart to reach that state.
To form one hourly candlestick, it naturally takes one hour.
For example, if you are a trader who trades on the one-hour chart, you shouldn't need to stare at the charts constantly.
The scenario of "if this happens next, then do this" is extremely important; if your rules are not clear, you won't know what you should be waiting for, and you cannot wait.
4
4/5
People who cannot wait do not understand what trading truly is.
You must continue to act exactly as planned beforehand.
You need to wait as planned, pass on trades as planned, enter as planned, and take profit or cut losses as planned.
All these actions are constructed from "waiting".
Your only physical action is the "click".
That your actions are constructed from "waiting" means that the "clarity of the rules" and the "prior scenario planning" based on those rules are the key.
A scenario is not a "prediction" but your action plan.
"If this happens, then do that" is completely different from a prediction like "this absolutely should happen".
You simply have a plan "to use an umbrella if it rains"; you are not predicting that "it will definitely rain".
If it doesn't rain, you must not use the umbrella.
However, many people cling to predictions or wishful thinking, and even though their initial plan is invalidated, they think "it absolutely has to go up" and fail to make the necessary cut loss indefinitely, or they enter prematurely based on prediction, earlier than the proper entry point, when they shouldn't be entering yet.
Wait properly.
People who cannot wait do not understand what trading truly is.
You must continue to act exactly as planned beforehand.
You need to wait as planned, pass on trades as planned, enter as planned, and take profit or cut losses as planned.
All these actions are constructed from "waiting".
Your only physical action is the "click".
That your actions are constructed from "waiting" means that the "clarity of the rules" and the "prior scenario planning" based on those rules are the key.
A scenario is not a "prediction" but your action plan.
"If this happens, then do that" is completely different from a prediction like "this absolutely should happen".
You simply have a plan "to use an umbrella if it rains"; you are not predicting that "it will definitely rain".
If it doesn't rain, you must not use the umbrella.
However, many people cling to predictions or wishful thinking, and even though their initial plan is invalidated, they think "it absolutely has to go up" and fail to make the necessary cut loss indefinitely, or they enter prematurely based on prediction, earlier than the proper entry point, when they shouldn't be entering yet.
Wait properly.
5
5/5
Waiting is the foundation of trading.
Trading takes time, no matter what you do.
You must wait for the right timing, wait until the right exit timing, and wait for the next trade.
It also takes time for a large sample size to be built.
It takes time for compounding to work.
Above all, it takes time to mature as a trader.
It is not something for impatient people or those who want money right now to try and earn easily, and if you approach trading with such feelings, you are not suited to be a trader.
The more you understand trading, the more you will realize how much you must wait.
Thanks for reading!
If you enjoyed this thread, check out my books on trading.
【THE PATH TO SUCCESS IN TRADING】
E-book:payhip.com/b/H1ZBo
Paperback:a.co/d/fXmRhIa
【Trading Psychology】
E-book:payhip.com/b/SNnJC
Paperback:a.co/d/d0QJMxK
Hope these insights help your trading journey 😊
Waiting is the foundation of trading.
Trading takes time, no matter what you do.
You must wait for the right timing, wait until the right exit timing, and wait for the next trade.
It also takes time for a large sample size to be built.
It takes time for compounding to work.
Above all, it takes time to mature as a trader.
It is not something for impatient people or those who want money right now to try and earn easily, and if you approach trading with such feelings, you are not suited to be a trader.
The more you understand trading, the more you will realize how much you must wait.
Thanks for reading!
If you enjoyed this thread, check out my books on trading.
【THE PATH TO SUCCESS IN TRADING】
E-book:payhip.com/b/H1ZBo
Paperback:a.co/d/fXmRhIa
【Trading Psychology】
E-book:payhip.com/b/SNnJC
Paperback:a.co/d/d0QJMxK
Hope these insights help your trading journey 😊