The big issues in all trading are:
1 - avoidance of FOMO.
2 - waiting on optimal position.
Sound traders - not gamblers - wait in the 'bush'. They stalk their prey for weeks and months. They keep their 'powder' dry.
When their prey falls into their kill zone, they are ready to go guns blazing!
Ok - so many times prey may not fall into their zone. They've...