- You consistently trade huge position sizes in volatile trading vehicles.
- You enter a trade with no exit strategy.
- You care more about being right than making money.
- Your emotions fluctuate wildly with your trading capital equity curve.
- You are trading your opinions instead of a robust trading method.
- Your ego is tied to your trading results.
- You have a hard time admitting when you are wrong about a trade.
- You are 100% sure about a trade, you know it will be a winner so you think you don’t have to manage risk.
- You buy into strength in a bear market or short into weakness in a bull market.
- You start with a very small amount of trading capital not enough to overcome slippage and commissions.