Waiting for the BEST trade is an opinion that seems to be a very common insight from those who seem to have ben "at it" for some time trading as a suggestion to newbies and just a matter of fact for veterans. I myself am somewhat of a newbie and do understand the meaning of patience. Not that I practice it fully yet but do understand its impact. Also, I believe waiting for the "best trades with most potential" is subjective. Would love to hear feedback on YOUR best trade scenario or posting charts with detail on entry at targets and conditions would be even better. I'll start. Now, being a newbie my best scenario is not yet proven from the standpoint of me actually trading it successfully over time. However, hindsight tells me to"wait for these". They are: looking for reversals intraday on a 5m time frame where larger timeframes are hitting resistance/support. Also, looking for breakouts to new day highs/lows on a 5m chart where the previous days highs/lows are being taken out as well.