After nine years of trading, my most important ability is only one: to wait.
What truly limits trading results is never analytical ability, but whether one possesses the discipline to wait.
The market fluctuates every day, but most movements do not have tradable value.
Mature traders do not seek to act frequently, but only participate in the market at times when trading advantages are highly concentrated.
These advantages consist of multiple conditions, and only when they appear simultaneously does trading have a positive expectation.
Trading is not about predicting trends, but about filtering opportunities.
Those who can profit in the long term are often not the most diligent, but the most restrained.
When you learn to be in cash, be patient, and wait, only executing when the odds favor you, trading truly becomes controllable.
