Tuesday, November 23, 2010


Patience—the ability to wait for things to develop.

the quality of being patient, as the bearing of provocation, annoyance, misfortune, or pain, without complaint, loss of temper, irritation, or the like.
an ability or willingness to suppress restlessness or annoyance when confronted with delay: to have patience with a slow learner.
quiet, steady perseverance; even-tempered care; diligence: to work with patience.
Cards (chiefly British ) . solitaire ( def. 1 ) .
Also called patience dock . a European dock, Rumex patientia,  of the buckwheat family, whose leaves are often used as a vegetable.
Obsolete . leave; permission; sufference.

1.  composure, stability, self-possession; submissiveness, sufferance. Patience, endurance, fortitude, stoicism  imply qualities of calmness, stability, and persistent courage in trying circumstances. Patience  may denote calm, self-possessed, and unrepining bearing of pain, misfortune, annoyance, or delay; or painstaking and untiring industry or (less often) application in the doing of somehing: to bear afflictions with patience. Endurance  denotes the ability to bear exertion, hardship, or suffering (without implication of moral qualities required or shown): Running in a marathon requires great endurance. Fortitude  implies not only patience but courage and strength of character in the midst of pain, affliction, or hardship: to show fortitude in adversity. Stoicism  is calm fortitude, with such repression of emotion as to seem almost like indifference to pleasure or pain: The American Indians were noted for stoicism under torture. 3.  indefatigability, persistence, assiduity.

....This requires awareness of
his underlying thought processes, so that he can change his thinking. If
he can identify this pattern, he can stop it.

Part of his problem is that he would like to be a home run hitter.
"I'm trying to reach higher goals by pressing it up," he explained. In
doing this, he has given up his patience, discipline, and well thoughtout
entry points. He has to start with a bigger position, and not hang in
when the stock starts to drop. But deep down he believes he has to
make it on the first try. This pattern is related to his tennis game, too,
where he doesn't have a second serve and so feels he has to serve up
aces all the time. ...

...It's not a simple process. Everybody must face one's demons—
impatience, fear, negative thoughts—when facing a trade. In the trading
business, you can make a fortune and you can lose your shirt.
The better you are, the more you have mastered that internal anxiety
that causes common mistakes.

-Ari Kiev


No comments:

Post a Comment