Most traders as they are functioning under uncertainty, develop certain ways of thinking and tend to make systematic errors in judgment and knowledge. Their behavior is influenced by a cognitive bias pattern as they deviate from norms of rationality.
The lure of the markets means it is very hard for traders to actually stay out of the market. Trading is enjoyable for its own sake. Trading is also addictive and can result in compulsive behavior. Therefore, one attribute that will really benefit you is this: stay patient. So, here are some tips on how to stay patient.