Patience pays

The assumption here is you've identified the right opportunity. Then, of course, you shouldn't wait to take action. Right? Well an opportunity is only as good as how well you plan for a trade. Never feel like you need to do something right away because then you're likely too late. Make sure your trade plan gives you a good risk/reward and let the price come to you. Once you have a game plan, you execute it faithfully, you will find everything goes according to your plan, be it a profit/loss.