For trend traders, patience is super important. Once you've identified an uptrend, you need to patiently handle consolidations, not fear pullbacks (some people panic sell during a bull market), and not fear price surges (some people sell as soon as it goes up). Once you've identified a downtrend, you need to patiently handle consolidations, not fear rebounds (some people chase the pump during a bear market), and don’t buy every dip. For example, some people buy as soon as the price dips from a high, only to get stuck at the top. Instead, you should wait until there’s mass panic or the bottom is clear before buying.