Even with all that which you have mentioned, when it comes to losing money, which is not something that is avoidable. When making plans for trade, you have to consider when you are entering your position based on the signal you see, when you should be selling as well based on the signal you are looking at, and in the case of things not turning out as expected, where you want to be looking at stopping loss, which is the main reason why for every trader, there is a great importance to know how to manage risks, otherwise you will just be gambling your position back and forth in the market without a proper plan.