Good things will happen to those who wait

Believe it or not, the truth is that traders who overtravel are those who lose more money than those who trade less.

Let's take the example of how a lion stalks a herd of wildebeest. The only way for the lion to have a chance to feed is to wait patiently and try to spot the weakest member of the group, lag behind or separate himself from the pack.

The lion knows that he will not really get any food if he aggressively jumps right into the antelope and hopes to catch the best!

Thus, if you want to be successful in trading, you have to act like a lion. Or you have to be like a sniper, stalking, and predicting the right time, instead of rushing.

The sniper trading method is described as waiting for the desired trading criteria, instead of "attacking" everything that moves.

You, as a trader, should invest time and patience in finding assets, comparing movements, and looking closely at charts for signals that will help you catch the big waves and trade. confidently.

After all, the way to become a successful trader is to learn to wait.

Waiting can help you practice self-control - which is the key to making money in the markets.

Sometimes, the wait can last for weeks or even months. However, researching the market instead of "regular" trading will bring you a huge profit and absolutely worth it.

As a trader, we need to be mentally challenged to become more patient and not "move" no matter how itchy hands and feet are. Remember, trading is a high-risk environment, and sometimes the desire to make a profit leads us into dangerous paths that can wipe out our hard-earned money.

"The Witch of Omaha"

That's exactly how one of the most successful investors/traders of all time - the prophet from Omaha - the great Warren Buffett did.

To get a multi-billion dollar managerial position, he was not immediately involved in the slightest movements in the market.

His strategy of waiting and carefully selecting his next big move gave him the opportunity to buy a large business and run the multinational conglomerate, Berkshire Hathaway.

His success story is told through books and a documentary, titled "Becoming Warren Buffett" - that can tell you how he made billions by being patient and accurate. in your trading activities.

He is definitely one of the traders we can admire and learn from.