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Pro Trader Secrets: Waiting for The Trade – 6 Things to Do


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Waiting for The Trade: Trader Secrets

Hey, it’s Marina, the trader chick, and I got a question for you. What do you do when there are no trades to be taken? Or are you one of those people that just go boom, boom, boom, and are shooting five thousand times per day? 

So here’s the thing, guys. Real traders, real pro traders.

They don’t do that because they got a secret. I call it the waiting game secret. 

And are you ready to learn what to do when there are no trades to be taken, and you don’t go completely crazy and just want to jump in for no reason and then have a loss? 

So stick around because I’ve got it for you, and I’m going to make it simple and fun.

And when it comes time to actually pull the trigger and get in on a trade (after you have waited for the trade to come to you) you can draw on your fundamental knowledge of trading principles and financial market movements to have a high percentage of success when you trade.

But back to the secrets of the waiting game and waiting for the trade to come to you and not forcing it.

Waiting is the hardest part. Here’s the thing, guys, waiting is the hardest part. Why? Because for some crazy reason, especially aspiring traders, people that are just starting to do day trading, they believe that they have to be taking hundreds of trades; they think that the whole point of day trading is to be in and out of a trades. 

The reality is – the actual opposite is true. Because if that was the case, we would be taking thousands of trades, and it’s completely unsustainable because: 

  1. There aren’t 1000 trades to take anyway 
  2. Your commissions alone will eat you alive if you trade 1000 times a day

So you’re not going to be making any money at all. Yet you’ll still feel like you’re “working”. But! There’s a difference between just “working” and ‘working smartly’.

So there’s also the same thing for trading. But what the trading for the smart trading really is it’s about waiting for those right moments. 

Okay. The hardest action for traders to take is to do nothing. Yes, it’s true.

Related Post: Day Trading Attitude

sitting around waiting for the trade is hard but must be done
The hardest action for traders to take is to do nothing. But waiting for the trade to come to you is so important and is what separates newbies from pro traders.

That is the hardest thing to do because that’s when you’re sitting around, and you’re twiddling your thumbs, and you think that you have to be getting into the market, correct? Am I not correct? 

I want to hear from you guys. What do you do when there’s nothing that you could take? What actions are you taking for that?

Because I can guarantee you a lot of you are in and out of trades, and it’s called ‘trigger happiness’. And I found this on the web because I think this is so, so true. 

First of all, what my friends think I do is that I’m gambling, right? What my mom thinks I’m doing.

Oh, my gosh. She thinks I have thousands of charts going on. Don’t even get me started on that one. 

What the internet thinks I do is a Con artist, right? So true society, you know, screw them.

And what I think I do is constant action, constant action. 

But the reality of what I really do as a trader – “crickets” – because a lot of times the market is not going to be doing much. 

It’s just going to be sitting there. And that’s okay. That is. Okay.

So the real question is, are you a trigger-happy person? Are you one of those people that just go shooting around? So here’s an analogy. I’m personally not.

I don’t condone this. However, you really need to think of yourself as a big game hunter. Okay. Have you ever thought of a big game hunter? 

So let me put you into their world worth for just a minute.

All right. So those people that are going to shoot the big game, whatever the Moose or whatever it is, do you think they’re going to use off their energy and just shoot little mole rats, prairie dogs, bunnies? 

No. So I actually have a video about exertion and energy to make sure you check that out, because every time you shoot, you are using energy. 

And by the time the good trades come around, you don’t even know that those are good trades because you’ve exerted yourself, and you’ve already lost all your money.

Think of the big game hunter. What are they good at? What are they good at? You think of the aim. Yeah, sure.

a big game hunter and waiting for the trade
A pro level trader is like a big game hunter who can wait for hours on end for the right moment to take their shot.

But if you think about their eight-hour day, they might actually only do, like, I don’t know, 15-20 minutes of the actual hunting. What are they good at? The waiting, the waiting for the good setup. That’s what a day trader is.

That is not only a good day trader, it’s the pro trader. It’s the trader that is making money every single day, consistently. They know what to do. They know that they have to wait for those setups. 

So the real question is and what I want to teach you guys today is, what do we do during that time when there’s nothing going on? Because we can really go crazy and want to just shoot at everything.

You Must Practice Being Patient & Keep Waiting for the Trade to Come

So here’s the reality. A good trader only probably takes one to three trades per day. That’s it. That’s really it.

And to be honest with you, probably one or two. Because there are so many factors involved. Sometimes there won’t be anything for hours. Sometimes it’s just too much energy exerted when you’ve already taken one or two.

So that is the reality. And once you accept that, everything else falls into place. So what do we do when there are no good trades? 

When you are stuck in this ugly sideways market, I call the sideways market the trader’s enemy, the trader’s worst enemy.

And I have a video for you guys to watch about how to avoid these areas. 

So what do you do when there’s nothing going on? 

5 Things to Do While Waiting for the Trade

i) Play Some Music

First of all, I put on music. I love to listen to music.

And a lot of times during our day, we don’t have time to simply sit and listen and enjoy the music because we still have to focus in front of the charts. 

ii) Listen to Audio Books

How about listening to audiobooks again? You’re listening here and the charts are there.

But if there’s a setup coming, guess what. Pause the audiobook, and you’re back in the action, right? That’s something I do all the time. 

iii) Exercise

I actually went out and bought myself a big ball, one of those bouncy balls that I could sit here, and I could do like core, abs and weights for my hands.

I’m still in front of my charts. Then I could do that right here. Or if I’m sitting on that ball, I can maybe do some sit-ups or something. So I am still completely engaged in my charts. But I’m also doing something positive for my body.

Because we can get a little bit stiff just sitting around. 

exercise while you are waiting for the trade
Exercise is a great thing to do when waiting for the trade as traders spend so much time sitting in front of a screen its important to stay physically active for your health.

iv) Run to the bathroom

I’ve been here many times when there are great trades and cannot go to the bathroom. Perfect time. Go to the bathroom. Why not? 

v) Eat, Drink & Reenergize

I don’t know about you guys, but there have been times when I forget to eat and drink and guess what, this is a good time to replenish. Reenergize myself with getting water or maybe getting fruit, something healthy.

Don’t go and grab some crap. You know, get something healthy and that’s gonna actually give you more energy as well.

Related Post: Mental Strength For Day Trading

These things are really important. And to be honest with you, sometimes when the day’s crap, walk away, just walk away, enjoy the rest of the day instead of sitting here waiting for the trade and getting frustrated. Walk away. 

Have a good time because trading isn’t all about you sitting in front of your charts. It’s actually time for you to walk away.

Okay, so take that moment that time and just enjoy yourself because that’s what trading is about – it’s for us to have fun. And if the market is doing nothing, shut it down. Go for a walk. Go for a run. Go hang out with your spouse.

Go talk to your kid. Walk your dog. Have a good day. 

So waiting is crucial. And once you know how to do the waiting properly, you will completely up your game.


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And when it comes to actually trading and getting in, as I always say, having a simple strategy that you can test and repeat and refine is always the best way to. Simplifying your trading technical analysis and indicators will give you a higher chance of success in trading in the long run.

I want to know, what do you guys do when you’re sitting around waiting for the trade? I would like to know in the comments below. 

Tell me what do you do during a time when there’s nothing going on? And I’ve got lots of great videos for you guys. So make sure you subscribe below because I got lots of great videos for you and be notified so that you can get these tips constantly.

Alright. Are you ready to enjoy your trading? Sometimes you have to walk away. I’m Marina the trader chick and I want to hear from you guys.

Recommended Read: Daily Routine for Day Trading