Last night, when I was invited to a dinner at one of my friend house, we are discussing about the daily opportunity on the market. It was a very good conversation that we’ve had, we all make our own opinion regarding the current market condition, we talks about particular brokers and the use of particular software. Heck, we even talks about how much we lost when we first starting this business few years back.
There was the four of us that gather last night, each one of us is trading different kind of products, from stocks, currencies, indices, and commodities. And Gary, the one who invites us to his dinner, even thinking of trying to do a spread betting on his product, the stocks.
It is really just a common chat between traders, but one important thing that I pick from last night’s ‘meeting’ is the importance of being persistently patience. Patience to wait for the perfect moment to enter the market is one of the most important factor to be successful in trading any type of financial products.