The One Thing… That Might be Missing for You

Dr. Reid has been coaching traders since 2001, and the one factor he believes drives outperformance more than anything else is the ability to hold winners much longer. As Warren Buffett famously said, “The stock market is a device for transferring money from the impatient to the patient,” a truth that Dr. Reid finds equally relevant for active traders, not just value investors. While he emphasizes the importance of focusing on process over outcome to enhance concentration and performance, he also notes that the process can range from sloppy to precise, and from hurried to patient. In Dr. Reid’s view, patience is more crucial than discipline or even having a clear plan—it’s the key to recognizing opportunities, resisting FOMO, and staying adaptable to market conditions. In this webinar, Dr. Reid will explore the concept of patience and share practical strategies to help traders improve their patience for better timing, tactics, and results.