7 Deadly Sins

  1. Trying to pick top or bottom
  2. My gut tells me that we’re going to break out (Professionals love fading breakouts)
  3. No confirmation from my Volume indicators (wait for everything to line up)
  4. Hesitating on entry (typically when the trade is “hard” to take)
  5. Canceling my stop (OMG, the biggest Sin of them all !)
  6. Moving my profit target (got to let the winners run)
  7. Letting a profitable trade turn into a loser (luckily, a rarity)
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