| 1. Refusing to define a loss. 2. Not getting rid of a losing trade when it is obviously a loser. 3. Getting locked into a bullheaded opinion about market direction. 4. Focusing on monetary value of trade instead of market structure. 5. Revenge trading to recoup a loss. 6. Not reversing a position when the market is clearly changing direction. 7. Not following the rules of your strategy. 8. Planning for a trade and then not taking it. 9. Not acting on your intuition. 10. Giving back recent gains due to overtrading or inconsistency. |
Install