It is just too easy to say but a hard thing to do to beginners. A lot of beginners fail just because of their emotions and I know it is hard for them to master it since they are just focused on earning a bunch of money and not on how to learn the market.
True. To summarize the post of op, #1 is set your goal and #2 is stick to your goal.
It's easier said than done tha'ts true. I fall into the same trap over and over again until I get the hang of it. You need to have the nerves of steel not to be bothered by FOMO. With the use of technical analysis using different tools, you will have an idea if its about time to jump of the boat or stay.