Posts  / #POST-249627
REDDIT

Waiting is the actual job that most dont have the patience for.

Everyone talks like entries are the hard part, they're not.

The hard part is whats happening right now, which is nothing, on purpose, for hours, while two charts do absolutely nothing.

BTC and ETH both channeling, no structural change on either. ETH's putting in what could be a higher low, showing a bit more strength than BTC right now, BTC's got more rollover risk if it cant hold. Could go either way from here honestly, thats not a call, just whats actually on the chart today.

Took me way too long to stop fighting this part. Used to feel like dead time, now I actually enjoy it, because I know exactly whats mine to control and whats not. My setup criteria, my size, my stop, thats mine. Where price goes after, never was.

Thats why I read adopted stoicism, not only as a personality thing, as a practice. You accept the loss before you even take the trade, so when it hits your stop its not a surprise, its just the distribution doing what distributions do. Same with waiting, you're not missing something by sitting still, the market doesnt owe you a trade just because youre bored.

Livermore said it best a hundred years ago, it was never his thinking that made him money, it was his sitting & it still true.

Nothing in my life feels late or rushed or out of order to me anymore either, took losing basically everything twice to actually fully grasp that one, but I do now, fully.

So tonight I just wait for the best setup I can find and act when its actually called for. Thats how I get paid, everything else is noise.