Stop-lossTrader

What principles are essential for successful traders?
Why is "run when profitable, hold on tightly when losing" wrong?
Psychological misconception: This behavior stems from the human tendency of "disposition effect." Locking in small profits too early but unwilling to admit losses.
Contradicts trend logic: In trending markets, taking profits too early can cause you to miss out on major gains; not cutting losses can turn small losses into big ones.
If your candlestick analysis is not up to standard and you don't understand the news, a true trader is never in a rush to succeed. Be patien