CocoChannel posted: 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 very dangerous. It can loss all your money.
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.
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.
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.
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