Overtrading can damage your account and lead you towards losses.
A very important note. It should be understood that in the pursuit of profit, a trader can get the opposite.
Sep 17 2021 at 10:37
This is very important and is becoming a common habit among new traders. I think overtrading happens when a trader’s trade fails at some point and in order to recover that money they go ahead with other trades without proper strategy or research work. This is majorly due to letting your emotions take the front seat.
for each of the traders their own trading conditions are suitable under which they will be comfortable working, and it is important to find their own among all
Sep 17 2021 at 11:03
Overtrading can be very problematic. It’s mostly because as you overtrade, you would stress more and this would only lead to wrong trading decisions.
@marcusobrien Over trading is a serious problem in forex trading. People becomes habitual to it. As a result, they can not get rig of this habit.
In addition, to use this strategy correctly, you need to have at least minimal experience.
It should be understood that trading is generally not the safest way to work, so you should be careful
Sep 18 2021 at 20:20
marcusobrien posted:Overtrading is the most dangerous thing in this market. You should be very careful.
Overtrading can be very problematic. It’s mostly because as you overtrade, you would stress more and this would only lead to wrong trading decisions.
Sep 20 2021 at 09:56
@Akasuki What i think is that overtrading is caused when the traders have no control over their emotions . Especially when their trade goes wrong and they suffer a loss . A trader should know how to control their emotions in such situations and not let it take control over their decisions
Sep 20 2021 at 11:41
Overtrading happens when the greed to make quick profits increases but a trader should realize that everything takes time to yield results, more greed can only give loss instead of profits.
do not just jump over yourself in trading, and then everything will work out
Sep 21 2021 at 19:18
CocoChannel posted:Overtrading is very dangerous. It can loss all your money.
Overtrading happens when the greed to make quick profits increases but a trader should realize that everything takes time to yield results, more greed can only give loss instead of profits.
Overtrading is getting us nowhere. You can easily lose lots of money if you do trading not for the profits but for trading itself. Every deal should be a result of thorough analysis.
Overtrading without knowledge is like a disaster, maybe will quickly face margin call account, except traders understand what they do, like as correlation trading pair in any pair that has a positive correlation, called basket trading, they open 28 trading pairs for correlation, but this is also not good trading setup for a trader that only use small funds.
Sep 22 2021 at 11:08
Yes, Overtrading is harmful to your trading account and your investment into your skills. If you do not give yourself enough time between trades, you will not have a chance to manage your risk properly. Over-trading is a very harmful trading behavior that will lead one into permanent financial destruction.
Some traders set a limit of X traders per day max and stick to it. I imagine this helpful for those that over trader a lot
Overtrading is such a thing which traders always face. There is no difference whether you're a professional trader or a rookie, all types of traders can be susceptible to overtrading. The main matter here is personal relation of traders to trading. Some traders, who tend to earn as much as they can, are susceptible to overatrding more, because they unwisely distribute their resources such as power and time. I believe that it's quite a spread issue in trading community and there are some ways how to get rid of overtrading. Traders should comply with working and relaxing regimes in order to let their organisms relax from trading.
Overtrading is one of the most common and costly bad habits of traders. It’s sometimes assumed that the more you trade, the more you make. However, it is not true as trading is a game of patience.
