trading flaws

I must take this moment to acknowledge several of my trading flaws. Even though I have made 23 winning trades in a roll, I find the very nature of that success may just be a major flaw that will ultimately lead to very serious losses.

The flaws:

1. I am getting complacent: due to my "invincibility" I have been disregarding my emotions when entering trades. I had frequently entered a trade, knowing well before hand that it shouldn't have been entered. I had, several times, entered trades because I was afraid of missing an action. I had followed the herd of invincibility.
2. I have disrespected the market: even though my trades have not ran as planned, I stayed in it despite of the possibility of greater losses. Because of the very nature of being 23 and 0...I was feeling invincible and that the market can't possibly do anything to me..because it will always come back and rescue me. I know this will ultimately lead to catastrophic losses.
   
3. Not entering trades base on sound technical analysis: this market can make a beginner like me crazy. The most important and difficult task is to control one's emotion. This insane market certainly isn't helping. I would have constant emotional swings with the market. Sometimes feeling uneasy because the market is running without me. Other times, it's feeling scary of losing too much. It's this constant battle that's driving traders crazy. And as hard as I've been trying to control myself..I somehow find myself following the herd once in a while and not having the patience for technical signals. I would chase breakouts. I would try catching a falling knife. I would average down on a failing trade. This is all just so wrong.

I am feeling a pinch once again, as I wrongfully entered WFC for the exact reasons that I entered MS. I chased the break out..I had felt invincible...and I have tried catching a falling knife...All of a sudden, I'm finding myself back to the beginners camp...feeling defeated by my inability to control my own emotions...Which leads me to remember a quote that the market will punish you the hardest when you feel the most invincible...I must remember this dearly. I must control my emotions.

Things I'll do to control my emotions:

1. physical endurance training: I have started a month now to train myself to running a marathon. I will restart Kendo training.
   
2. everyday do something that I hate to do: this should help, on a daily basis, put reason ahead of emotions.
3. everyday learn something new about trading: This includes additional reading and re-reading of books. Reading other traders' blogs and learn their mistakes in trading.

What doesn't kill me will only make me stronger. I will go on to trade another day.