When there’s nothing to do, do nothing!

These people are paid for their ACTIVITIES:
...
Wall Street investment professionals get paid to turn up every day to "do" something, but not for making you money.

Analysts keep their position by writing reports even when there's no real reason for one to be written.

Market commentators are paid to have an opinion, even on days when they have to invent one.

Fund managers are paid to invest, not sit on piles of cash even at times when cash is king.

Investment newsletter writers have to make a recommendation because a publishing deadline is near, not because they've a great stock to recommend...

But, do you think you could be paid for trading activities at times when you should not trade and stand aside??? What you think will define whether you end up as a Winner or Loser eventually!

Warren Buffett said,
“You don't get paid for activity. You only get paid for being right. The trick is, when there's nothing to do, do nothing!"

Loser tries to look for reasons to trade and feels that he has to trade in the market at all times; but the winner tries to look for reasons not to trade and has the patience to wait indefinitely until he finds the right timing!