Most newbie traders do not have the patience to wait for a proper market position to trade. They try daily to open new order or recover their losses by opening new order. This is like digging a big hole which may be cause of death of the trader’s account. So, we should wait for a proper market position and open a new order after.
Moreover, waiting is the best thing to do instead of being in loss by haste because if you place the trade in haste without finding the trend of market then there are much chances of loss for you therefore you should wait for the placing the trade when the market trend is suitable for you.