No matter how good or bad your market analysis, without proper money management trading success is very unlikely. It's so easy and simple to get into a trade. Anyone can do it. But making the exit seems to be the problem. If you're moving your stops, they're not stops. If you're closing out before profit target, well, it's not really a target.
Trading is this Simple? Finally Explained simple and clearly!
Please tell me if I'm correct. I'm not a professional trader. I see too many methods and systems just encouraging follow the indicators and not telling WHY. So I'm going to tell what I understand so far. This is how trading really works. Basically you Buy in at a good price, known as the pullback or the dip. Literally when price dips below the average price. So if the daily high is 10 and the daily low 3 you want to buy when price dips to 3 and sell or short when price reaches 10. You are basically buying things at a good price. If you go to a thrift...
As far as your points, I would say you are on the right path but in my opinion the most important part of trading is mastering psychology and money management. There are plenty of books you can read on price action, trend following and the like, but that is more a stylistic choice. The former is what really matters and you will learn that the hard way as everyone else does.
There are many people who trade trends, anti trend, hedge, high frequency, AI, the list goes on....
There are many ways to trade but only one way to be successful at it.
With that being said trading can be as simple or as complicated as you like, as long as you are making profit, who is to say what you are doing is wrong? Unless you are managing that persons funds their opinion does not matter.
So, find what works for you and stick to it. Figure out why most people fail and try and start from there.
Good luck.