Today was supposed to end with profit, but it still ended with a loss.
The position of opening a trade is still crucial, just like timing.
Choosing the right time, currency, and position is really important.
If the position is bad, then just take a shot and leave; it must be a quick exit.
Too often, the position is already not good, but the stop-loss distance set for the trade is not daring enough.
This leads to a sudden wave of big bullish or bearish candles, making us tempted to wait when we suddenly double our money or lose it.
Generally, if there isn't a sudden major positive or negative event, the candlestick won't fluctuate this much.
Either the market makers want to induce a short squeeze or a long squeeze, or the exchange wants to trigger your stop-loss.
So really, don't have a mentality of luck, especially when the overall market is in a sideways trend; don't hope that your trade will continue to rise and consistently generate profits.
Locking in profits is the most effective way to make money in this market.
Not opening a trade means not losing money; opening a trade does not guarantee profit.
If the position is bad, try not to hold onto it; if you should stop-loss, then do so. If there is a sudden significant profit after opening a trade (when the market is not consistent), it's best to lock in profits in a timely manner.
Trading journal.