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Read this article and thought it was very interesting how Wycoff's list re-iterates several of the threads on futures.io (formerly BMT).
Wycoff's list in no particular order:
1. Failure to have a trading plan in place before a trade is executed.
Just got back into trading ... joined the Elite thread in hope I learn ... how to get rid of my mistakes
Looked at these Wycoff rules and yes it is me ... I am still above water but I just keep making mistakes - I feel that I need to use a sledge-hammer over my head.
I have simple trading rules (S/R) and use the 10 period EMA. But in real time I go haywire.
Could some of the experts on the elite thread please suggest how to overcome this issue.