Staying Calm and Patient in Trading Key Takeaways: 1. Stay calm during trading ups and downs. 2. Learn from losses, adjust strategy, and move on. 3. Focus on the big picture. 4. Not every trade will be a winner. Importance of Patience: 1. Lack of patience can lead to FOMO (Fear of Missing Out). 2. Deviating from the trading plan can result in mistakes. 3. Practice and experience help develop patience. Overcoming Impatience: 1. Recognize mistakes and learn from them. 2. Acknowledge the consequences of impulsive decisions. 3. Gradually develop self-control through practice. By embracing patience and calmness, traders can: - Make informed decisions - Stick to their trading plan - Achieve long-term success Remember, patience is a skill developed over time with practice and experience.