The root cause of most traders losing money has never been that they can’t read the market—it’s that they can’t stand the loneliness of being out of position.

The order book is in constant fluctuation, candlesticks tug back and forth, and the market keeps manufacturing the illusion of “maybe there’s a chance.” You get antsy and enter, you fear missing out, you always want to profit from every segment of the move—these frequent entries are the beginning of ongoing losses.

Being in cash isn’t giving up on opportunities; it’s an active choice to wait.
A hunter doesn’t fire an arrow at the slightest sign of movement. They quietly lie in wait, waiting until the prey fully steps into the ambush zone, when the risk-reward ratio is excellent and the signal is highly certain—then they strike decisively.
When there are no opportunities that fit your trading system, holding cash is the best position. Cash doesn’t draw down, doesn’t get trapped, and doesn’t force you to endure the agony of unrealized losses—you keep firm control.

Many people misunderstand: only staying in positions can make money.
The truth is the exact opposite: profits come from a few high-quality trades, while losses come from countless reluctantly opened positions.
If you don’t know how to stay out of the market, you’ll always be passive and led around by the price action; if you do understand being in cash, you earn the right to choose the trades you take.