If you want to get rich by trading, I’ll give you one word. If you can achieve it and truly understand it, going from a bicycle to a motorcycle is just around the corner. The word is: wait.

Wait for what? Wait for four things:

First, you must wait for the market. Without market conditions, the more you fiddle, the more you lose. With market conditions, everyone becomes a stock-market genius.

Second, wait for the main trend. When the market is messy and without order, and there’s no main line, don’t make a move. You must wait for the main trend. Once it emerges, follow the main forces to feast on the profits and raise a toast.