I would say that the big risk is entering at a price you already know is bad just for the sake of being in the trade. Not entering a trade carries absolutely zero risk. What it does carry is FOMO, or Fear Of Missing Out, and that, my friend, is an account destroyer. FOMO causes us to do dumb things because we’re afraid of not making the money we think we should, or afraid of not making back this month’s service charge. It’s insidious, and we have to be vigilant to keep it at bay, plan our trades, and trade our plan.
@Peeyotch