Traders should stay focused on their asset by monitoring the fluctuations, because this helps them become updated with every changes. Having gains to stay in green signals is very difficult to maintain while market sometimes saturate due to resistance. Long term holds will be effective for a meanwhile so trying this as an alternative strategy might be efficient as well.
I agree with him, focus on assets by monitoring fluctuations. With this we can make it easier for us to trade. Because paying attention or monitoring price movements on our assets really needs to be done, even every day. From these fluctuations we predict whether the prices of our assets will rise or fall in the future. Because considering that the market price is not always going to be green continuously, it is necessary to have analysis and predictions to avoid a decline in prices (red). From that, we can know the rising and falling prices to what extent and setting up a stop loss to avoid many losses.
Even though the analysis and predictions are not completely according to the chart, at least with it we can avoid the risk of loss. Preparation really needs to be done, don't start trading without the preparation that you really believe. I think mentally and technically need to be prepared before starting, because in trading you will fight yourself, namely ego, emotions, indiscipline, impatience and ignorance. We have to be mentally prepared, keep you in the "mood" and in a prime (good) condition when trading. I suggest that if you don't have the "mood" for trading, don't force it, it's better to take a short holiday. To get a good mood when you are about to start trading, you can use a little relaxation technique. For example drinking coffee, tea or your favorite drink. Or you can also put on your favorite music. Perhaps you can also meditate.
Then you also need to have prepared a trading plan before the market opens. It is advisable to do an analysis before the market opens, so that it is more objective and then it remains only to carry out the trading plan. Then we also need to monitor the market before the market opens to ensure market conditions are still in accordance with the previous analysis. By monitoring the market, we can get a "feel" of the market that day. Here we can determine whether it remains in accordance with the previous trading plan scenario or needs to change strategies, for example, wait and see first and so on.