Patience pays $$$
Today was a great day to learn patience.
.
After doing our technical analysis this morning, with the students, in our daily webinar, we were convinced the S&P Futures (ES) was going to come up to around 5284.
.
We had multiple confirmations and we were excited to take the trade.
.
Well the market shut up and came four Points short of that area.
.
So 15 minutes to do our technical analysis; we waited for about 2 hours for the market to get to our line, only to have it disappoint us by turning around short of our area.
.
This scenario happens quite often. The difference is who are you going to be when this happens.
.
There were a lot of Trades that presented itself while we waited, and there were a lot of Trades that looked promising after our trade fell short of the target.
.
As Warren Buffett says, 'the stock market is a place where money is transferred from the impatient to the patient.'
.
Once you find your target and you are locked and loaded, you wait to take the shot.
.
If the trade doesn't happen, it wasn't your trade.
.
Jumping from one trade to another because you are impatient, is the fastest way to blow up your account. Stay patient and wait for your trade.
.
Always live to trade another day and think abundantly. There will be another trade. There are an infinite number of Trades out there.
.
*** THIS IS FOR ENTERTAINMENT PURPOSES ONLY AND IT'S NOT MEANT AS PROFESSIONAL ADVICE. I NEVER GIVE INVESTMENT OR FINANCIAL ADVICE. TAKE RESPONSIBILITY FOR YOUR ACTIONS ALWAYS ***
.
#tradingtips #forex #crypto #investing #daytrading #bitcoin #nft #tradingcourse #futures #passiveincome #standardandpoors #nasdaqfutures
-
1:04:25
Kimberly Guilfoyle
8 hours agoBiden Leaves White House Ahead of Debate, Plus Anti-Semitic LA Violence, Live with Mike Davis & Larry Elder | Ep. 136
60.5K76 -
1:03:55
In The Litter Box w/ Jewels & Catturd
1 day agoProvocation? | In the Litter Box w/ Jewels & Catturd – Ep. 593 – 6/24/2024
87.3K52 -
27:37
Stephen Gardner
6 hours ago🔴Trump DEFENDED by NYC Cuomo against Letitia James and Alvin Bragg
60.2K32 -
3:04
One Bite Pizza Reviews
3 days agoBarstool Pizza Review - Little Pops NY Pizzeria (Naperville, IL)
70.6K76 -
1:44:41
The Quartering
10 hours agoTrump Surges In Polls, AOC Flops, Biden's New CREEPY Hire, Trumps VP Pick Is In? w/ Styxhexenhammer
90.9K76 -
13:41
My Self Reliance
1 day agoPruning Fruit Trees in my Organic Orchard on the Summer Solstice | Food Forest Tour
74.2K9 -
1:13:38
SLS - Street League Skateboarding
3 days ago2013 SLS World Tour: Portland, OR | FINAL | Full Broadcast
61.9K10 -
2:00:18
Barstool Yak
11 hours agoRecapping the Case Race After Mark and Big Cat's Sphere Awakening | The Yak 6-24-24
69.2K3 -
8:06
Vigilant News Network
8 hours agoCOVID Vaccines Hit by New Bombshell | Beyond the Headlines
51.9K43 -
6:51:20
SilverFox
1 day ago🔴LIVE - Elden Ring SHADOW OF THE ERDTREE - Part 2
38.5K1