emotional control is a vital part of trading and once we witnessed an unlucky situation we should not give up trying harder to profit in the next trade.
Yeah but that next trade should not happen within a day; because if you keep rushing up to recover your losses then you may end up in improper decision making which must be leading you to further losses. You must get back to your stable emotions after a loss and then should try for recovering.
Right, rush can't give you extra profit, keep in mind no one gets away your money from you, so only patience can make you a successful trader. After closing a successful trade, don't open another trading simultaneously, just analyze a couple of days and wait for the new buying opportunities. If you don't see new buying opportunities after a long wait then simply move to another potential coin, there is no sense to wait for buying opportunities very long time.
Trading is not an easy task so we need to constantly improve our trading skills to be able to combat its uncertainty.
Yeah, continuous learning and gaining experience are more important to remain profitable in trading. If you fail to update yourself then you may start losing all your capital slow and steadily.
Trader can't say "I'm the ultimate trader", and a good trader never give you any financial suggestion anymore, cause they know the market movement can change at any time without any valid reason. The experienced trader never takes rest, they are always studying. to be a successful trader you must have to be up to date about the current situations of the global economics, stock market, govt financial news, and many more.