Trading Is Like Fishing

I don’t know a whole lot about fishing, but I’d like to think that day trading is a lot like fishing.

You have to be really patient and be prepared to wait a loooong time if you want a good catch.

If you’re the kind of angler who gets impatient and changes location every few minutes, you are unlikely to get much returns.

Find a good spot under good conditions, believe strongly in your choice, and just be patient.

Don’t actively go out and chase it. You’ve got to let it come to you.

Rewards will come to those who are the most patient.