Excessive emotion destroys your hard work. You need to be experienced to use the knowledge of trading. Experience gives you profit. I myself spend time and activity by observing the market for trading. The situation of price decline makes you emotional which should be converted into patience.
What's the mindset of a trader whenever he or she opens a trade? For newbies, they will panic since following the unpredictable and fluctuating movements of the market. This system have been designated for everyone to trigger loss. The space is vast, it contain vital details and not every trader have accessible path to these numerous information. Perhaps experienced traders understand the market and can boldly control the odds of losses and profits. In the first place, do you know what you're signing up for before you trigger a button to trade? Traders entirely differs in different sectors.
We have longterm traders and scalpers, they're only in the system to accumulate profits with small time frame, they have no desire to extend their trading time frame because printing green candles is all that matters to them. While the longterm traders are mostly investors, they trigger a trade and wait patiently for days, weeks and probably months to close the trade which will either end in profits or losses.