Wait!
Traders who cannot keep winning, including my former self, simply cannot wait.
I see the cause as a loop where the fear of opportunity cost and the memory of losses reinforce each other.
The remedy is to forget about money for the moment and just wait.
In doing so, you need to understand that genuine opportunities will appear and opportunities will never be lost.
We wait not for the avoidance of immediate small pains, but for the great pleasures a little ahead.
It concerns the structure of the human mind that also relates to Prospect Theory,
and it has a profound influence on trading.
N-Method is here.
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