Sin #1 of Trading

Preclude:
Today I committed the NUMBER ONE SIN in trading. Not only did I do it once, I did it twice and at the same time on 2 different pairs.
The Sin #1 of Trading:
Closing out the trade (whether profitable or not) before the candle is formed.


The Trade:
I was looking at profit taking in USD crosses with extended runs in the US Session last Friday, 8 May 09.
I identified USDCAD and AUDUSD for 3hr trades. Both pairs were rebounding off the channel S/R lines. They were also consolidating waiting for the move. I expected the move to be triggered when the London session opens sparking profit takings.
The trade went according to plan but due to my recent spate of losses; I committed the #1 Sin of trading by closing out the trade in the same candle my trade was triggered. Foolish and totally uncalled for.
20 pips win for AUDUSD (1/2 position as I was scaling in).
4 pips loss for USDCAD (Full position).


On Hindsight:
Once I closed out the trade. I knew straightaway I did something wrong. This reminded me of what my fengshui master said to me. He told me I wasn't someone who could do investment but rather a better consultant. He says my analysis of markets/information was excellent but somehow when I execute my investments, I am always hesistant and somehow do something to sabotage my gameplan. Something like indecisiveness. Tks Master Chen for enlightening me. Now I understand what you were talking about.

I told myself, Sihao, learn from this and make sure I always execute my game plan properly in future.

I punished myself by not re-entering the trade even though I know I could do so immediately. But at the same thing I don't want to break another rule and pay commission costs. I want this to be forever etched in my mind.