Unnecessary trade is a very common problem for newbies. Actually you do it out of confusion. You don't have trust on your strategy and yourself. You should have clear idea about your risk reward ratio and winning ratio. You lack confidence. It comes from not knowing what you are doing. Practice on demo find out your winning trade ratio. The main point is you have to increase your skills.
Jan 12 at 19:53
I think you are right
Jan 25 at 07:57
A lot of newbies think that overtrading would help them recover their losses. They must understand that nothing like that would ever happen. That’s what you learn with experience. The more experience you make, the better the trader you become.
Over trading is in now way helpful. I remember how many losses I have incurred because of not closing my positions on time.
Sometimes we release something important and suffer losses, but the most important thing is to draw the right conclusions from mistakes and correct them.
People are just interested in getting everything at once, and this sometimes leads to severe consequences.
Even the most improper trade is an experience.
And experience is the basis for productive work.
And experience is the basis for productive work.
salamibrish posted:
A lot of newbies think that overtrading would help them recover their losses. They must understand that nothing like that would ever happen. That’s what you learn with experience. The more experience you make, the better the trader you become.
Absolutely. Overtrading is one of the biggest mistakes.
momchil_slavov@
Feb 04 at 03:44
Yeah, they should be aware of when to enter and exit but then it also comes with some experience, so there is that.
