Secret 9
Patience pays
As Gann once said, “People are in too big a hurry to get rich, and as a result, they go broke.” Don't try to get rich in a few months. Don't try to catch all the fluctuations. Market movements of importance require weeks, even months to get ready. A few days (or longer) after a big move gets underway, there's generally plenty of time to buy or sell. At times, a man or woman with nerve, knowledge, and a bit of luck can turn a small amount of money into a fortune. However, this cannot be done continually. The very best trades come along only rarely. You need the patience to wait for the right trades. When they come, you need the patience not to be overanxious and get in too soon or overtrade. When you do get in and the market ...
Get Trading Commodities and Financial Futures: A Step-by-Step Guide to Mastering the Markets, Third Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
