Open trading account 
There is a famous trading quote "A trader is the weakest link of any trading system". In this post, I have tried to identify some of the common mistakes we (retail traders) make while trading, which diminish our chances of consistent profitability and survival in this business.
1) Boredom: The trader wants some action, so they initiate a trade. Trades should only be enacted when entry signals are reached and not to alleviate boredom.
2) Frustration: Frustration comes from expectations not being met. Don’t focus on your P&L, focus on executing your trading plan.
3) Overwhelmed: Focus and simplicity are the keys to profits. Complexity and information overload are the road to non-profitability.
4) Doubt: Only trade a system after you have thoroughly researched, back-tested, or studied it in real time. Trade only with proven faith in a system.
5) Blame: Blaming the market for losses is like blaming the clouds for rain. The rain will come, you are the one that gets to choose where you are standing with the rain falls.
6) Discouragement: If you can’t keep of the right mind set to survive losing, you will not make it to the winning. “The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.” - Paul Tudor Jones.
7) Revenge: Trading to get even with a market is the most destructive thing that a trader can do. It is like a surfer getting mad at the ocean for a wave, the ocean don’t care about the surfer or even know that they exist. The market is neutral; you create your results.
8) Missing Out: My biggest trading mistakes have come from fear of missing a move
1) Boredom: The trader wants some action, so they initiate a trade. Trades should only be enacted when entry signals are reached and not to alleviate boredom.
2) Frustration: Frustration comes from expectations not being met. Don’t focus on your P&L, focus on executing your trading plan.
3) Overwhelmed: Focus and simplicity are the keys to profits. Complexity and information overload are the road to non-profitability.
4) Doubt: Only trade a system after you have thoroughly researched, back-tested, or studied it in real time. Trade only with proven faith in a system.
5) Blame: Blaming the market for losses is like blaming the clouds for rain. The rain will come, you are the one that gets to choose where you are standing with the rain falls.
6) Discouragement: If you can’t keep of the right mind set to survive losing, you will not make it to the winning. “The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.” - Paul Tudor Jones.
7) Revenge: Trading to get even with a market is the most destructive thing that a trader can do. It is like a surfer getting mad at the ocean for a wave, the ocean don’t care about the surfer or even know that they exist. The market is neutral; you create your results.
8) Missing Out: My biggest trading mistakes have come from fear of missing a move
