Learn the economic principles behind waiting. Everyone knows trading requires patience, but why do we still find ourselves trading frequently even when we know that? Perhaps the problem isn’t our mindset, but that we haven’t truly understood the value of waiting. After buying spot, as long as your judgment hasn’t changed and your funds aren’t subject to a time limit, you can wait for the market to validate your view. You have relatively more freedom to wait. With leverage, even if you correctly predict the direction, price fluctuations along the way could still force you out of your position. You may have the direction right, but not be able to wait for the market to prove it. Leverage magnifies returns, but reduces your room for error. It can’t make the market validate your view any faster, but it may cause you to lose the ability to wait sooner. Trading isn’t about jumping in whenever you spot an opportunity; it’s about waiting for the price to reach a level where the risk is worth taking. Your entry price determines your risk cost and your potential upside. Many people think they lack discipline, when in fact they don’t realize that every trade uses up a limited risk budget. A trade without an edge is a cost in itself. You’re not waiting for the market to move; you’re waiting for a price level where taking the risk is worthwhile. Getting the direction right isn’t enough; getting the timing right matters more.#现货 #合约爆仓