Sorry for the late night ramble, but maybe you will find this helpful. 

The topic today is trading weakness and mistakes. I just watched Tim Grittani's January recap video and was inspired to write and think more on this topic myself. As you should know, TG scaled down his trading size the past few months to help him grow in areas of trading that he was struggling with. He admits to having a problem with cutting losses sometimes which can obviously be a devastating issue, especially when you trade with big size like he does. He has had a few six figure losses in his career because of this. 

I really admire TG for his transparency and his perfectionist approach to trading. He never stops learning and trying to improve even though he is already at a level that most of us can only dream of right now. 

The point of this post is to get you guys thinking... what are YOUR weaknesses? What mistakes do you repeatedly make? Why are you repeating these mistakes? 

To stop repeating these mistakes, we must embrace our weaknesses, as TG has. We need to take serious steps to solve the issue. Be sure to watch TG's videos if you don't know what steps he is taking to solve his.

For me, my biggest weakness is simply fear of losing big. I have yet to have any large setbacks in my career, thanks to this, but I've also yet to have any truly huge victories. I feel that I am skilled enough to make very large gains consistently, but I just can't bring myself to use big size because before I enter a trade the number 1 thing on my mind is always how much I will lose if I am wrong. If that number is something I don't like, I don't take the trade or I just use a small size so that the losing number is okay with me. Again, I think there is good and bad in this issue for me. The reason it is good is because it has created an extremely consistent trader. I don't take big losses because I almost always stick to my plan and cut losses when it is time to do so. But who knows, if I was using big size like TG, would I still be robotic in cutting losses, or would I get emotional and start fighting the stock? Only time will tell... I will scale up slowly but surely as my account keeps growing.

Thanks for reading. Feel free to comment and let me know what your weakness(s) are and I will respond with some advice on how to fix it. Or just let me know how you plan on fixing it yourself and I will comment with my opinion, if you ask me to.