I am not an expert in trading. I do make mistakes all the time.
In fact, there are no experts in trading. If somebody claims to be an expert in this field, he is a fraud. There are many people who are much more skilled and experienced than you or me. Skill and experience makes one consistently profitable.
Most of the traders are well aware of many profitable patterns and setups, still they fail to make money. why?
You may be having a trading plan with a proven edge. Still you fail. Why?
Knowing the patterns and having a trading plan is not enough. It is all about execution of your plan. It is a lot harder than most people think. When we see a setup that fits our rules we have to take it. Most of us are discretionary traders, so we have to think about our entries and exits. But when we see them, we have to take them whether the trade works or not.
If you freeze and you are not able to pull the trigger at the right time, you are not going to win in this game.
Execute or be executed. Believe and achieve...or doubt and die