Here are some interesting facts about trading I stumbled across from CryptoCred which I think may be helpful
Common error to avoid when you day trade, I modified some to reflect my own opinion.
1. Revenge trading, trying to get back a trade that has been lost or chasing a trade.
2. Never using a Stop
3. Not having a plan (Risk/Entry/Exit/Stop)
4. Not sticking to your plan
5. Greed risking too much/not taking profit
6. Being too emotional about a trade.
Plug these equity drains & increase your odds of being profitable.
You could add to the list and make better trades
Above all the information above, its #4 that says it all. If you stick to the original plan, there will be no greed, no emotional about trading, there willbe plans in entry and exit, stops will be applied and no revenge trading. If you set a plan, work on it and stick to it like your life depends on it or else you will go home with an empty pocket.