Another very, very important lesson that traders often do not learn or understand until years into their trading journey is that the outcome of your last trade has (and should have) zero bearing on your next trade. This is important to understand because traders often make assumptions about their next trade based off their last trade or past trades. Learn to trade the daily chart first and foremost and center your entire trading strategy around it and you will already be light-years ahead of the masses of traders out there day trading all their money away.