There are essentially three main aspects to trading success: technical ability, which is chart-reading, price action trading, or whatever trading strategy you choose (I obviously use and teach price action strategies for a variety of reasons), money management which is “capital preservation” and encompasses things like how much $ will you risk per trade, position sizing, stop loss placement and profit targets. Yes, trading strategies, trade entries, technical analysis are all important and you have to know what you’re doing and have a trading plan and understand what your edge is to make money.