I waste lot of money on trading. Without planning I lost every trade which mostly the problem. By the way it's only trial but I didn't want to stop.
Making plans is needed to have successfull trade. Without plan, you're giving away your holding out of you. The one lesson I learned about trading is plans is very important. At the same time patience.
Planned action requires thinking ahead of time. But, trade is such that anything can happen at any moment, and in this case, if you try to act in a planned manner, you will delay. The plan is necessary, but there is not always enough time to implement this plan. After having enough knowledge and experience to trade, all that is needed is to be able to act correctly at the right time.