1. Refusing to define a loss.

2. Not exiting a losing trade, even after you acknowledge the trade�s potential is greatly diminished.

3. Getting locked into a specific opinion or belief about the market or stock direction.

4. Focusing on price and monetary value of a trade instead of the potential for the market to move based on its behavior and structure.

5. Revenge trading to take back from the market what you have lost.

6. Not reversing your position even when you clearly sense a change in the market direction.

7. Planning for a move or feel one building, but then finding yourself immobilized to execute the trade, thus denying yourself the opportunity to profit.

8. Not acting on your instincts or intuition.

9. 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 all over again.