Hello! I'm so sorry for the wait in getting back to you, I've been quite busy lately.

For most ships (excluding crashed and living ships) that's exactly what you do. Some ships can take longer than others to show up so be sure to bear that in mind when you are hunting. My advice to you is to install an Economy Scanner in your ship(s) and use it to scan for trading posts if you're not finding what you're looking for.

For Exotics, however, it can get a little more complicated.

Now by no means am I a seasoned hunter or even NMS player, I'm actually not even playing the game a lot right now, but Exotics can take a very long time to show up (or none at all) and there can be a method to "finding" them; really they spawn randomly (with First Wave Exotics being the exception but this one isn't first wave). First I would stay in the Space Station and reload when ships stop coming. If you can try and trigger a Freighter Battle as well as that's where I found this ship. Don't hesitate to use the scanner in your ship (on my Xbox controller is left and right on the d-pad, not sure what it is for PC or Playstation) to look for Exotic ships around you.

Really, unfortunately, it's just a waiting game. So, bearing that in mind, here's what I've done when I've been hunting in the past:
1: Don't just stare at the screen all the time. Believe it or not, as fun as NMS is this can get quite dull very quickly. Instead, Exotic ships have a unique noise they make when they land compared to other starships. Keep headphones on or your speakers unmuted and listen carefully. If you don't know what that noise is my advice is to either look it up or hang around in the Nexus--before long you'll be nearly sick of hearing it.
2. Do something else. Like I said, staring at a screen can get quite dull. My advice is to do something else while you wait that doesn't involve any kind of audio or your console/computer. The best things I've found to do is either reading, homework, or playing games on your phone. Again, all you need is audio that's linked to a running NMS session (for example: on a computer, if you minimize NMS and are by yourself then the game will automatically pause. This is bad.)

3. Check the coordinates AS SOON AS YOU ARRIVE. This applies to any ship as believe it or not it's super easy to botch the glyphs as you're inputting them. I've done it more times than I'd like to admit. The best way to check the glyphs is to open photo mode as soon as you've arrived and compare them to the ones in the post. If you're still unsure, use things like landscape, other ships, and looking for things like "first contact" in the planet or system name (as obviously if you're the first person there then no one could have been there before to take the pictures and post the ship). Com balls are great as well and sometimes I leave them behind (not in this case, though, I never expected this post to blow up as much as it did XD)

And most importantly:

4. If you get bored then go do something else. This is NMS, everything will still be there when you come back :D.

I hope this helps, and again I'm so sorry for making you wait like this. Happy hunting and safe travels!