Flawless execution
Some people think flawless execution means always buying at the low and selling at the high. This is not the case. Actually flawless execution means acting on an opportunity (whether entering a trade or exiting a trade) the very moment you realize that it is an opportunity without hesitation. Unfortunately this is easier said than done, but it can be learned. Flawless execution does not mean perfect winning trades every time, it means always being able and flexible to immediately ACT when you see the opportunity in the market when it reveals itself. We as traders have this constant conflict: I am a risk-taker because I am a trader, but, I want guaranteed outcomes every time. These two things can not work together. And so, we hesitate when we see an opportunity. This hesitation along with the fear of making a losing trade was killing my trading career fast. Luckily I learned (before I lost all my trading account) to practice taking every trade opportunity that the market presented, no matter what. Track the results, and shoot for 60-70% winners per month. Because I figured that my system was good, it was just my identifying of trade entries and exits was needing more practice. So that is what I did. And within about 2 months, my trading improved drastically, because I stopped beating myself up and was getting better at ACTING and EXECUTING in the market. Take the action and then move on. This was a huge lesson for me.