[DbPhoenix]

RULE#16: Be wary of pushing forward aggressively when encountering resistance.

This goes along with the concept of non-coercive trading. You don't fight the situation. The cheetah waits only for the weak prey even though it is capable of catching any animal.

Besides external conditions, it is also important to be aware of the internal conditions such as H.A.L.T. (Hungry, Angry, Lonely, Tired).

So why does one press it? Because one wants perfection, and perfection loses. One has to let go of his agenda and listen to the market. You should know by now that I believe a "natural" trader is the best trader and in order to be a "natural" trader, one CANNOT be the "perfect" trader.

For all beginner traders like me, if one truly truly thinks it through and gets this point, it will stop the bleeding. The number of trades (including marginal trades) will go straight down significantly and the whole profit/loss equation will turn around. Only then will one have a fighting chance. (William)