In trading you must need to know what are the current market situation next is what are the possible move of the market with the help of the technical indicator, and signals you can easily manage the risk if the position you are keeping an eye is ideal to trade or ideal to skip, not all market movement is ideal to make a trade if you are not sure better prepare for more clearer possible movement. Unless you are willing to take a risk with unsure information with the chart.
Trading is more related to control risk and capital management, if you can do both of these well enough, you will lose money.
Control risk is like, don't trade if you are not certain about the market, what it will move next.
Capital management is like, don't use all money for trading. Use a proper part of your capital for trading, that part should be small enough like 5 to 10% of your capital for trading. The rest part, much bigger, is for investment in assets that you consider a strongest and safest, like Bitcoin.
Trading at a market where you think you aren’t sure how it will move after you trade will only add more risk of losing. That’s why good and responsible traders never risk trading if the market is highly uncertain, otherwise they will only end up losing their capital.
Trading is not supposed to be done at all times, or when you think you have good vibes to trade. You should consider first the market condition and if it’s not good and favorable enough, better not to trade at the moment so you can avoid inevitable losses that time.
In uncertain times, it's risky to trade so let's skip trading and focus on your DCA for investment or just don't do anything. Just do your works beyond trading, do more physical activities, spend more time for your family.
And all what the traders need to do is to know the chart movement so that in the trading time when the market is about to show red, you have to know fast to close the trade and know when the market is about to go up and start the trade. Understanding these two chart tools is the major thing to know in trading.
Traders if watch charts too often, will get many big problems. They must limit how many trades they make one day and how many times they spend for trading, watch the chart one day. Overdo trading or watching price charts, will cause more emotional and psychological issues that will affect trading decisions.