A loosing trade that was taken according to the plan is better than a profit trade that was taken out of FOMO.. Assume you've not planned your trade and you just took it out of FOMO just because you saw the candles were moving too fast without you and it's in profits, What happens to your psychology? You become exited and start seeing that you're an hero in prediction. But what happens when it turns the other way and you see reds? You panic, your heart and blood starts pumping so fast, the regret is sometimes unbearable, and next you say trading is a scam after now the trade going against you until the account is gone or you've breached the limits. But what happens when you've planned? You've already identified your entry points and calculated your risk and set your stops when your rules and plan aligns, you're not attached to the outcome since you're already prepared for the best and also for the worse side. When you've planned the risk is already calculated and you're willing and prepared for the other side and ready, not for the best part only but both sides. When you've not prepared you're attached to the charts and always hoping for the better side you're not prepared for the other results. Not preparing is preparing to loose the trader. FIX THE TRADER BEHIND THE CHARTS AND THE TRADING WILL FIX ITSELF