Things to avoid in Trading

hi everyone,

Today i will share some of the hard lessons i have learned in my trading career. Please read following and it would save you millions.

Things to avoid:

1. Putting on a counter-trend trade during a news spike
2. Not setting a stop loss to breakeven when profit is +20 pips in the money
3. Holding too much conviction on a long-term move
4. Generalizing beliefs on where price will head
5. Not waiting for the setup
6. Chasing a trade late after a setup has already occurred
7. Sloppy trading (“sure, it’s going up”)
8. Letting a profitable trade turn red

As always your opinions are welcome. If you don't understand above let me know by comments on this post.

See you soon... Happy trading
Hemant