The biggest reason for your failure in the world of trading is not market crashes, but the person you see in the mirror every day. The truth is, you have not reached "there" yet because you are not trading, but gambling.
Your technical analysis could be amazing, you may have been sipping the charts, but what is the use of this knowledge when you do not have the courage to wait for your own setup to complete? You panic and cut the position as soon as you see profit, as if it will not come back, but when the same trade goes into loss, you hold on to it with "hope." This haste, this greed, and this impatience are the real enemies of your account.
Remember, the market will give you what is within your personality; if you are restless inside, your portfolio will remain restless too. If you are in the early stages of trading and your kitchen expenses depend solely on this, you will never be able to trade calmly. Every decision made under mental stress will lead you into a deep abyss.
First, work on your psychology. Develop discipline and bind yourself in the chains of the rules you have created. As long as your mindset is not like that of a professional trader, no strategy in the world can make you successful. Instead of changing the market, change yourself, because winning is not hidden in the chart, it is hidden within you.
