2. He doesn't know the different between trading and investing.
3. He acts on impulse and follow every bit of piece of news. His eyes remain on CNBC in hotel while his girlfriend is talking him something.
4. He doesn't have a trading plan strategy.
5. He let's his losses become bigger. He is more lose averse than risk-averse.
6. He doesn't trade with probability assumptions.
7. He is undisciplined.
8. Tries to read too much into the news.
9. Mistake of overtrading and exhaustive trading.
10. Lack of sound Money-management plan.
11. Lack of risk management techniques.
12. Does not have control on his emotions such as greed, fear, rage, depression.
