1. Greed:
Performance: Over-leveraging (wanting to make more when profitable, wanting to break even when losing), high-stakes gambling, frequent trading in pursuit of high profits, dissatisfaction with established profit targets, ignoring risks.
Core: Endless pursuit of 'more', surpassing rational boundaries.
2. Hatred (Hatred/Anger):
Performance: Anger due to losses (blaming the market, blaming the system, blaming oneself), retaliatory trading (trying to immediately recover losses), premature profit-taking (fear of profit withdrawal), developing resistance to market trends (thinking the market is 'wrong').
Core: Strong negative emotional reaction to losses or results below expectations.
3. Delusion (Delusion/Ignorance):
Performance: Lack of understanding of market nature, misunderstanding of trading system principles, not learning trading knowledge, believing in 'insider information' or 'magical indicators', denying the existence of probability and risk, trading based on fantasy or hope.
Core: Lack of correct understanding of the market, self-ability, and the nature of trading.
4. Arrogance (Arrogance/Pride):
Performance: Overconfidence after consecutive profits, underestimating risk, not adhering to trading plans, thinking oneself smarter than the market, refusing to acknowledge mistakes and stop losses, unwilling to learn and improve.
Core: Self-inflation, overestimating self-ability, underestimating market complexity and risk.
5. Doubt (Doubt/Suspicion):
Performance: Excessive hesitation, missing good entry points; lack of confidence in trading systems, constantly changing strategies; closing positions too early when profitable (fear of giving back); over-analysis leading to 'analysis paralysis'; doubting all signals.
Core: Lack of confidence and trust (in systems, in analysis, in oneself), leading to low motivation.