"One very important skill great traders have is the ability to gauge when to step on the gas and get aggressive and when to ride the brake or even sit out completely. Most of the time you should not be trading very aggressively. Trading requires a lot of patience and stalking."

In a good trading environment stops will hold on balance while breakouts get away from you and you wish you had bought more. In a poor environment, prices will slice through stops, slippage is larger than normal and on balance you struggle to make progress or show loss.