As a trader, we need patience while trading.
In trading, patience is required at four levels:
A) You need patience to learn how the market moves and how to trade it—"Learn" first before you "Earn."
B) You need to have patience and do a thorough analysis before taking a trade. Do not rush into trades.
C) You need to be patient and wait for your setup or the right opportunity. Be a sniper, not a machine gun, opening trades at each market movement.
D) You need to be patient and let your trade hit your target—do not forget to let your winning trades run and cut your losses immediately.
Do you have something to add?
What I have to add is the fact that patient can sometimes become greed if not put in check, often as they commonly say that too much of everything (even good things) are bad, so also, patience can ultimately turn to greed easily if over exercised.
So, traders must learn to know where to draw the line.
For example, in the past, on several occasions actually, I've opened a trade, and not quite long after, I was in profit, the profit kept increasing, and each time I thought of closing the trade or selling the coin to take my profit, I look at the chart and and assume it will go higher, so let me be patient, at the end of the day, I end up closing that trade or selling the coin at a loss because I was not able to tell when my being patient turned into me being greedy.
So, this is something traders must also pay attention to, as this has caused many to loss out on trades they ordinarily should have profited from.