Futures Trading is just like fishing. If you understand these 3 principles, you will never be defeated in the market:
Capital (Your Rod): A strong rod is needed to catch big fish. If the capital is small and you are taking a big risk, then the "rod" will break and the account will wash away.
Experience and Patience: Not everyone becomes an expert as soon as they get a rod. Rushing to strike does not bring fish (profit) into hand. Patience is your true tool in trading.
Time Matters: Some trades provide profit immediately, and some trades take time. Waiting for the right moment is the hallmark of a successful trader.
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