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  1. Home
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  3. Patience: Is a virtue but it's damn hard...

Patience: Is a virtue but it's damn hard...

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  • encryptedE Offline
    encryptedE Offline
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    wrote last edited by
    #1

    a8fe0134-a857-4278-ab48-c1707f5b17b2-image.png NOTE - This is a post on Mindset and emotion. It is NOT a Trade idea or strategy designed to make you money. If anything, I'm taking the time here to post as an effort to help you preserve your capital, energy and will so that you are able to execute your own trading system as best you can from a place of calm, patience and confidence'.

    Here's a scenario:
    You want the trade to hurry up… but the market has no reason to move on your timeline.
    Here on Ethereum we see consolidation.
    We can imagine traders framing for a break in either direction.
    There will certainly be plenty trying their hand at getting ahead of the move and getting chopped.

    Patience is one of the hardest skills for traders to master. The market doesn’t reward impatience it punishes it. If I'm honest, when I first started out, I certainly didnt think of patience as a 'skill' - but it's certainly essential. Without it, I've either wasted a lot of 'ammunition' in trying - or missed the whole point of a trade once I was depleted of will.
    So offering some thoughts for you. Please take what resonates and ignore what doesn't work for you:

    How impatience shows up:
    You close trades too early because the profit feels “good enough.”
    You jump into setups that haven’t confirmed because you’re tired of waiting.
    You watch price drift sideways and feel an urge to “make something happen.”
    You start to entertain thoughts that undermine your confidence.
    You get distracted and do something else entirely risking missing the signal all together.

    Emotional side:
    Impatience often hides anxiety the need for relief, action, or certainty. Your body feels restless, your mind races with “what ifs,” and you start convincing yourself to bend your rules.
    This is not 'woo'. It's an actual internal angst that causes one to act / behave in a way and at a time that is against ones intention. Ironically - as much as we ignore it - it' drives our behaviour.

    So how can we get ahold of this to try and ensure it doesn't sabotage our intentions?

    Consider the following and see if it works for you.

    Shift your mindset
    See patience as an active discipline and not just something that's passive. If we practice and nurture patience with mindfulness, the stronger the muscle to holding your ground, sticking to your process and letting the probabilities play out on their own clock not yours.

    Practical tips .. the How ..:
    When you feel that urge rising:

    • notice where in your body you're feeling impatience.
    • recognise how it's showing up for you (tension, irritation, restlessness - something else)
    • notice what you are saying to yourself
    • consider and assess : when was the last time I had a drink of water, had something to eat?
    • do something physical to diffuse the feeling and get some energy back in the body:
      stretch, breathe, walk away from the screen for a moment
      put some music on and dance your ass off, do some burpees
      set an alert on your screens, phone etc
      Reminder yourself ... 'Waiting is a position too'.

    I hope this helps. Interested in hearing what you do to instill and respect your patience

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