Most traders lose because they guess where the market will go instead of waiting for price to confirm a move. The skill that matters is patience: only trade when the market shows you it's moving, not when you think it might.
I tell this to a lot of traders, you don't want to anticipate what's not happening. Don't guess what's happening in the markets, just react to what's taking place and position yourself according to that. If price never comes back, guess what? I don't trade. And that's an important skill as well, being really patient and just waiting for those high probability trades.
