In Jack Schwager’s famous interviews of the ‘Market Wizards’ he compiled a list of the ten criteria that are present in all successful traders. Amongst that list was one which I believe to be the most glaringly difficult to master, that of patience. Sinan Koray and his excellent pieces on trading psychology will be the most expert individual to help you come to terms with and master the art of waiting, however, there are some very simple technical indicators that you can employ to decide whether or not now is a good time to be trading a given share, index or future.