11.Overthinking the trade, second-guessing your trading:
The trader has a fear of loss or being wrong. He has a perfectionist personality, wanting a sure thing where sure things don’t exist. He does not understand that loss is a part of trading, and the outcome of each trade is unknown. He does not accept that there is risk in trading and does not accept the unknown. He is afraid to pull the trigger.
12.Not trading the correct trade size:
The trader is dreaming that the trade will be only profitable and not fully recognizing the risk or un- derstanding the importance of money management. He refuses to take responsibility for managing his risk or is too lazy to calculate proper trade size.
13.Trading too much:
The trader has a need to conquer the market. Greed. Trying to get even with the market for a previous loss. The excitement of trading (similar to Number 7, Compulsive Trading).
14.Afraid to Trade:
The trader has no trading system in place. He is not comfortable with risk and the unknown and has a fear of total loss, fear of ridicule, need for control, and no confidence in his trading system or himself.
15.Irritable after the trading day:
The trader is on an emotional roller coaster due to anger, fear, and greed, putting too much attention on trading results and not enough on the process and learning the skill of trading. He is focusing on the money too much and has unrealistic trading expectations.