That actually the main point that most new traders fails to understand in the market. For you to last longer enough to understand the market, you need to create a good trading plan. A plan that would be able to manage your risk as well as maximise your long term profits. We have seen many trader run a way from trading, because they have actually failed in many aspects. You can have the best strategy in your palms but still will not be profitable on the long term because you have a very short term plan and that's to make quick profits.