When you do make yourself desperate or in a rush on making profits then this is where you would really be making decisions which would be wrong.
Indeed. Desperation can lead to committing wrong decision. Thats why its important to have plan to follow so that you're not in hurry to make money and willing to wait according to what's in your plan. Its understandable that we want to earn as soon as possible but there's a right timing for it thus we need to be more patient.
Let experience and those mistakes tell you on what you should gonna do in next time because losing is inevitable.
Yes experience is a good teacher to improve our knowledge and strategy the next time we trade. Its a lesson to not repeat the same mistakes again.