Psychology #101 - 7 tips: The Art of Waiting.
Keep Calm. And eat your steak!
Now, let's address the elephant in the room: Yes, Market Makers will crash the market. Because that’s the only way they can buy more at the discount. Before you jump down my throat with torches and pitchforks, I'm not condoning it, nor am I saying it's inevitable. But to deny the possibility is to deny part of the complex nature of human relationships with money and greed and the unpredictability of the financial market itself.
- #101 - Eat your steak!
The Art of Waiting: Patience is a Virtue in a Bull Market
On the chessboard of finance, where fortunes are made or lost in the blink, there is one single, and only one single skill that separates the savvy investor from the rest: The Art Of Waiting. Yes, waiting! In a world where everyone chases the next unicorn, the most profitable move is to sit back, relax, and let the market come to you.
Check this: you're at a fancy restaurant, and the waiter brings you that sizzling steak, cooked to perfection. Do you jump on it, grab it with your bare hands and start gnawing on it like a caveman? You don’t! You wait…
… for it to cool down, savor the aroma, and then, with the precision of a surgeon, you slice into it, enjoying every juicy bite. The same applies to investing and trading.
In a bull market, stock prices are taking off like a starships, it's easy to get caught up in the excitement and jump on the bandwagon. But just like that steak, most times it's best to let the market cool down to find the “perfect” entry point. Patience, my friend, is a virtue.
Patience is not passive my friend, on the contrary it is concentrated strength. Bruce Lee
Against the current: Bears wait for that juicy salmon.
These contrarian thinkers thrive in bear markets, when prices fall faster than skydivers because they wait.
Grizzly bear, stand at the edge of river, waiting for that perfect moment to strike. The Market Makers are Bears not Bulls rushing in head down. They know that the sweet fish will come, it's just a matter of time.
The bears patiently wait for the right opportunity to pounce. They understand that the market is cyclical, and what goes up must come down and carefully timing their moves, they can take advantage of the fear and uncertainty that accompanies a bear market.
The art of waiting can make all the f**king difference in your financial decision making. Embrace it, practice it, and watch as your portfolio grows like a well-tended garden. When it comes to investing, the most profitable move is often to do nothing at all.