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
I believe the overlooks key to long term trading is the actual knowledge of trading that not many traders have. The knowledge of trading is so guaranteed that when you have it, you won't be losing. It's those traders that didn't learn and understood how to trade that are losing frequently. The others have time they lose but they're not as common as those that are newbies to trading and doesn't possess the real ability of a trader. A good trader can always build up any accounts that they get tasked to or determined to grow because with the knowledge that they have, they can make profits from any market conditions. Staying consistent too is any another reason that can keep you successful. With consistency brings with it experience and that's one of the vital thing needed by a trader. With experience you can better understand the market and make money.