Patience is a virtue.

There is nothing more lovely than entering trades, diversifying our portfolio with various positions, and aiming for hefty returns. In other terms, in the markets, there is nothing more pleasing than making money. However, some solid facts should be kept in mind:

- not every day is a trading day

- not every trade is gonna turn out to be positive

- not every month is profitable

The journey has ups and down, just like a cardiogram. If it bounces above the equilibrium and drops below it, that means we are alive and making money (the ups are positive gains, the downs are negative). On the other hand, if the cardiogram shows a straight line, that means the heart has stopped beating. That means we are stuck in a rat race and living from pay-check to pay-check. That means we have been deprived of our freedom. That means life is not colourful anymore.

To avoid the horrors listed above, we do one simple thing: enter trades in attempts to generate profits.

Do we enter trades every day? No. 

Would entering positions on a daily basis lead to hell considering the fact that we are swing traders? Certainly. 

Therefore, we remain extremely patient and act in accordance with our strategy since we acknowledge the fact that making money is one thing, preserving capital is another. Hence, we do not revenge trade and nor do we rush into making irrational executions outside of our game-plan. We take highly calculated risks and let the market do its thing.

The bottom line is, do not get frustrated when there is a period of drought and no positions are entered for a few trading days in a row. We have everything under the radar, and when the time is right, we do not hold ourselves back from making trade entries. 

Patience is a virtue.