Didn't read but settling is a big factor I'd imagine. Stubborn people don't want to settle. A stubborn person with a vision, intelligence, and resources is what can make success. Not just being stubborn.
I had a 25x position last week, the price moved in my favor but i didn't sell at 8k so i closed it out at 7600 because i didn't know wtf i was doing, even though my entry was $200 less i made nearly nothing