Trading is 90% psychology, but
- you can't build confidence without a profitable system.
- you can't have consistent gain without a profitable system.
- you can't be disciplined without a profitable system.
- you can't win without a profitable trading system.
Trading gives you money, in order to to protect your money risk management is paramount.
Trading completely depends on your own skill. The more skill you have, the more likely you are to profit from trading. Most of us traders take trades based only on a guideline rather than using our skills. The guideline is that the price of a coin has gone up a lot and has gone from a lot up to a lot down. But the trading system does not follow this principle at all. A person has to acquire adequate knowledge about trading only then that person becomes fully skilled about trading.