Don’t overtrade your positions.
The most common cause is entering a medium time frame trade and then staring at your PnL and the 1-minute chart.
1. The PnL watching will distract you from the trade idea.
2. The 1-minute chart will make you interpret noise as signal.
Both of these interfere with good trade management.
You need to give your trade a chance to play out without panicking every time it moves a few ticks.
Patience doesn’t just mean waiting for the right trade.
It also means having the discipline to let your idea unfold without suffocating it immediately after entering.
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