Correct analysis - Correct action.
But the trading results can still be wrong - we are not wrong - but the market is right.
Incorrect analysis - incorrect action.
But the trading results are correct - we are not right but due to the market being right.
That is why trading in the financial market is not like a math subject with equalities and correct formulas if you apply them correctly. And if the results are wrong due to your mistakes.
A newcomer can still earn millions in the market thanks to a lucky trade brought by the market.
And a long-time trader can still take a stop loss, which is quite normal if the market acts up.
So there is no one who is a master in the game of buying and selling in the financial market.
We only differ by a little, which is called experience in handling situations.
Experience comes with a price = time and money. Those are the two things that do not exist in the dictionary called: SHORTCUT!
Trading is a business problem based on probability.
You can always win or you can always lose in each trade.
Your job is to control risk!