A phrase recognized by trading masters: not making a move is the best move. This phrase has two meanings: first, when there are no entry signals according to the rules, holding cash and waiting is the best move; second, after entering a trade, if there are no actions according to the rules for a period of time, then this trade is the best move.
Profit is earned by waiting, not by 'speculating'.
Not making a move does not mean 'waiting foolishly', nor does it mean 'false confidence' or 'self-narcotization'. Not making a move is based on the rules of not making a move.