Google says “the capacity to accept or tolerate delay, problems, or suffering without becoming annoyed or anxious.” , for me as a trader it is everything . Lot of times i try not to panic when my trades are not doing well .
In a person’s life there are times where you have to take hard decisions and you do not know if they are going to work in your favor or not . All you need is patience !
Not Panicking in difficult situation is not a trait of a common man which is why we need to master it slowly . Letting your stop loss hit and closing a position in little profit is also a sign on being impatient . I have been suffering to overcome this , now that i have started trading full time this is one of the trait i should possess.
You have to overcome your emotional fear of loosing things this applies on both personal and professional life . Once you have taken a decision based on your logic , Be Patient !!
Quitting my job was one of the hardest decision – A month ago i quit my job and planned to trade full time . Is it a wise decision in long run ? Yes , Still i am worried . What instead i should do is to focus on grabbing more knowledge and improve my skills
I read this Chinese Proverb
“One moment of patience may ward off great disaster. One moment of impatience may ruin a whole life.” Read it again and again and whenever you are getting impatient think of it . I am trying to use this in my personal and professional life
Note down things which worry you the most . Choose one at a time and try to find a possible solution to it , once you have done that execute it. Most difficult part is to Be PATIENT after that . Let your solution work give it time to work , read that Chinese Proverb again
I am still finding more ways to master this slowly , i know i have to be patient enough to be patient in life
Take care and Stay Fit
