For me, profit is the main motivation for most traders. It's not the only key to long-term success. The often overlooked but crucial factor is risk management (this is very important), without this, even the most skilled trader can lose everything.
Managing losses wisely ensures you survive long enough to enjoy the gains.
Risk management is very essential when it comes to trading, using stop loss and making sure that your trading Capital is properly planned...most people go all in because they trust their strategies too much and they still end up blowing their account... losses is something that cannot be avoided in trading but the damage can be controlled if you follow the rules of risk management.. this is done with the aim of making profit either in a long or short term