To succeed in trading, you need to be a wise and informed investor. Focus on learning, analyzing fundamentals and technicals, and developing a solid strategy. Many traders struggle because they don't know what to buy, when to buy, or when to sell. The key to staying profitable is having a clear plan and sticking to it, knowing when to take profits and cut losses. Without this, it's easy to fall into the 90%+ of traders who fail to cash out profits and end up losing.