1)Refusing to define a loss
2)Not Liquidating a losing trade ,even after you had acknowledged the trades’s potential is greatly diminished.
3)Getting locked into a specific opinion or belief about market direction.From a psychological perspective this is equivalent to trying to control the market with your expectation of what it will do :”I’m right ,the market is wrong.”
4)Focussing on price and the monetary value of a trade,instead of the potential for the market to move based on its behaviour and structure.
5)Revenge-trading as if you were trying get back at the market for what it took away from you.
6) No reversing your position even when you clearly sense a change in market direction.
7)Not following the ruled of the trading system.
8)Planning for a move or feeling one building ,but then finding yourself immobilized to hit the bid or offer ,and there after denying yourself the opportunity to profit.
9)Not acting on your instincts or intuition.
10)Establishing a consistent pattern of trading success over a period of time ,and then giving your winnings back to the market in one or two trades and starting the cycle over again.
1. You only have three choices when you are in a bad position, and it is not hard to figure out what to do: 
I ran across these rules for living, and thought they apply beautifully to the process of trading successfully. They are as follows:
The trend is your friend. Trading is like swimming. You can swim with the current or against it. In a survival situation, you can swim with the current forever. Outside factors such as water temps, need for food and sleep are another matter, but as for pure swimming ability you could swim with a slow or strong current forever.
If you have the feeling that the market has a split personality, one day out to shower you with peace and blessings and the other to punish mercilessly, it can only mean that on some level you are still taking it personally. Think of it this way – there are too many players with too many conflicting ideas about market direction for it to ever form one cohesive personality. The only exception I have witnessed to this rule is when fear clearly dominates the scene, and ironically these are times that are the easiest to trade. The highest attainment for a traders developing psychology is to achieve what has been called “intellectual purity” – that is the state free from emotional reactiveness to market behavior; the ability to accept both reward and punishment with equanimity and understanding. That said, we know that big players perform ‘market sweeps’ to take out stops at sitting duck levels, so we can at least attempt to protect against that. The main point though is to struggle against any dimly forming impression of the market being a single entity with a personality. That is an illusion.
1. Trading is simple, but it is not easy. 
Conviction implies a settled state of opinion and the inertia of a decision already made; this simply leads to a kind of prejudice towards one market direction or another. But let’s face it: assumption is always the path of least effort. And when has the market ever rewarded the followers of that path? It’s far better to strive to be continually skeptical and yet boldly decisive when the moment requires. The difference may seem limited to semantics, but I think the interaction between our perceptions and the market should be a continually active process, and that includes methodically denying ourselves the allure of false comforts that accompany an unyielding sentiment.
The title of this book is misleading, this book is not about trend trading. This book is about swing trading. This is a book about specific trading setups for swing trading using technical analysis. It gives you criteria for generating long and short trading ideas using any simple trading software. 