One thing I have learnt in my year of experience in the financial market is that no matter the hours or days you spent analysing the market you cannot beat the market. The financial market is older, stronger and more cute than you. There are some trade you will definitely lose that is why the use of a stop loss is a necessity because it helps limits your lose.
The financial market is not for the weak, losing trades is also a part of trading. Life is not a bed of roses, sometimes there are thorns and learning from our mistakes will make us stronger in the long run.
I observed USD/JPY approaching a four hours resistance, so I sold but the market told me is a wrong move. That doesn't mean am a novice. It still doesn't mean am so intelligent it's just the market telling me today is not my day.
Respecting the market will help whoever wants to be a fantastic trader. No matter your equity also enter a trade with the mindset to trade again either for profit or loss. Meaning never blow your account. He that fights and runs away lives to fight another day.
Thanks for your time.
