Food for thought (Patience)
In this game, the market has to keep pithcing, but you don’t have to swing. You can stand there with the bat on your shoulder until you get a fat pitch.
-Warren Buffet
Was reading an article few days back this sentence resonated with me. So main focus for few weeks has been Patience. This has shown good effect on overall trading.
Market is forced to keep pitching; we need not hit each and every ball. Treat it like Test Cricket. What matters is how much you score not how fast you score. Have patience
a> Choose good entry point, so that risk is low.
b> Know where you will get in , where you will get out.
c> Do not chase.
d> Most of all have focus while trading.