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Sometimes, due to wrong decisions, we have to suffer big losses. We have to refrain from these wrong decisions, but we can hope that we will be able to do something good from trading.
Before making a decision, it is better to think first whether the decision is good or not.
Because the final decision on trading is influenced by the trader's psychology,
because when the price is high usually greedy nature will appear and not take any profit because it expects even higher.
And when the price starts to fall, they want to sell as quickly as possible, even if they are in a losing position.
Trading must know technical and fundamental analysis, but it is also necessary to regulate psychology when trading because it is crucial if it is wrong in making the final decision.