Thread by @SJosephBurns

A good trade is taken with complete confidence, and follows your trading method. A bad trade is taken on an opinion.

A good trade is taken with a disciplined entry and position size. A bad trade is taken to win back losses the market owes you.

A good trade is taken when your entry parameters line up. A bad trade is taken out of fear of missing a move.

A good trade is taken to be profitable in the context of your trading plan. A bad trade is taken out of greed.

A good trade is taken according to your trading plan. A bad trade is taken to inflate the ego.

A good trade is taken without regret or internal conflict. A bad trade is taken when a trader is double-minded.

A good trade is based on your trading plan. A bad trade is based on emotions and beliefs.

A good trade is based on your own personal edge. A bad trade is based on your opinion.

A good trade is made using your own time frame. A bad trade changes time frame due to a loss.

A good trade is made in reaction to current price reality. A bad trade is made based on personal judgment.

A good trade is made after identifying and trading with the trend. A bad trade fights the trend.

A good trade is made using the trading vehicles you are an expert in. A bad trade is when you trade unfamiliar markets.

A good trade risks only 1% of total trading capital. A bad trade does not have a set amount of risk.

A good trade risks $1 to make $3. A bad trade risks losing more than it plans on making in profits

A good trade follows a trading plan even during draw downs in account equity. A bad trade is a big trade made to quickly get even after a string of losses.

A good trade has a limited downside but an unlimited upside. A bad trade has unlimited risk and a limited profit.

A good trade has an optimum position size for that trade setup. A bad trade is based on feelings, financial need, or arrogance on a trade being right.

Good trades, bad trades from my book New Trader, Rich Trader 2: amzn.to/2Le0alt