i think psychology and knowledge about risk managemnt is the most important thing for traders
a lot of traders lost their money because they don't know how to manage the risk in their trading activity
regards
I WIll like to explantiate and broaden your claims.
Psychology deals with the traders mindset and overview of the market space, while knowledge is what we have learnt as a trader, put to practice, and dedicated time to relearn it.
The perfection of the learning process leads a trader to having a trade principle
All that comes with practice, experience is what you build from early days and on all mistakes you
make in your path. Knowledge comes from reading and researching, experience comes from trying to
put theory in reality, with all good and bad sides.
Mindset is something you work on, something you can shape, if you are focused and dedicated it
will be simple for you to develop yourself in trading.