It is hard to keep taking your entry signals when you are on a losing streak and it is also hard to miss a signal and watch it go on to be a big winner.
It is hard not to add to a losing trade when the price keeps looking better as it falls lower and lower but it is also hard to be on the wrong side of a trend.
It is hard to buy a breakout because it looks too high and it is also hard to miss out on the beginning of a big uptrend.
It is hard to cut a loss early with the ego wanting to be right about the trade.
It is hard to let a winning trade run when you would prefer a quick gain rather than a bigger long term gain.
It is hard to buy when everyone is fearful and hard to sell when everyone is greedy.
It is hard to trade through different types of markets, bull markets, bear markets, volatile, trending, and range bound markets because the rules keep changing.
It is hard to ever quit trading after you have tasted how sweet a big winning streak is and how life-changing it can be.
It is hard to convince your friends and family that there is a process to your trading and that you are not a degenerate gambler.
