"The most valuable ability of an experienced trader is the ability to enforce 'inaction' at the right time" (From Day Trader, Nikkei BP)

From the acclaimed book "Day Trade" with the subtitle "Mindset for Continued Market Wins."

"The most valuable ability of a seasoned trader is the power to insist on 'inaction' at the right moments. Doing nothing is an effective tactic that only traders who have mastered success can wield."

If the weather is bad, stay at home and wait it out.

This is something you can obviously do, though, isn’t it?

I understand that "not trading" doesn’t mean slacking off...

But it’s quite difficult.

“Not trading” is sometimes a skill, you know (laughs).

— See you again next time.