One of the harder aspects of trading is having the patience necessary to wait days or even weeks for a particular trade idea to fully materialize. A great example is that of the recent price action on GBPAUD following last week’s Brexit vote. Any time a currency pair moves 1,600 pips in a single session, all of the “greed” receptors in the brain come alive while imagining all of the money that you could have made. Sure, a ton of money was lost too, but our brains don’t like to think about that. Then the fear of missing out sets in – what if you miss the next 1,600-pip move? But to profit consistently, especially in a ... (full story)