Psychological trading mistakes

1. No loss limits

2. No profit-taking aim

3. Clinging to a belief

4. Believing the gossip

5. Suicide trading

6.Intoxicated to your own trading

7. Hesitatingabout your own judgment

8. Failure to grasp the critical turning opportunity

9. Failure to focus on opportunities

10. Want to invest correctly, but do not want to make a profit

11. No consistent use of trading systems

12. There is no well-defined money management plan

13. Incorrect mindset

In essence, successful trading stems from: overcoming personal psychological barriers, self-adjustment generating confidence, high self-esteem, and unshakeable beliefwhich lead to reasonablejudgment and proper trading.