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Over-trading is a very harmful
Členem od Feb 16, 2019
26 příspěvků
Mar 26, 2021 at 11:42
UweMoench posted:
Over-trading is a very harmful element. I have lost the investment of many of my accounts by overtaking. So I understand that overtrading can cause a lot of problems in psychology. Overtrading can ruin a trading career. The market is open 24 hours but not always traded in the market. Now if you are trading in this situation, you are not eligible to trade. If you do not give up overtrading, you will never see success in trading.
hard to fix as a habit tho
Členem od Mar 16, 2021
447 příspěvků
Mar 29, 2021 at 01:29
Yes, of course. I have lost so much of my investment in over-trading. So I never support over-trading.
Členem od Jul 19, 2020
749 příspěvků
Apr 01, 2021 at 15:07
@ArneilPacula Emotions will be there. But there is difference between reacting to the emotions and responding to emotions. Our decision should be influenced our emotions i.e fear, greed and anger.
Členem od Apr 02, 2021
9 příspěvků
Apr 21, 2021 at 05:21
Yes, it is best to set a limit and try not to trade more than what’s required for the day.
Členem od Jul 19, 2020
742 příspěvků
Apr 21, 2021 at 16:19
ArneilPacula posted:
Hi,
Thanks for the reply but I certainly don't agree that someone can control an emotion. Emotion is not something that a human can control. Emotions is what makes us human and you cannot control it. Instead, you need to be aware that you have such emotion during the trading but never allow it to affect your trading decision.
Yes, trading can lead to overtrading if I cannot control emotions.
Členem od Jun 30, 2020
89 příspěvků
Apr 22, 2021 at 09:15
Try to always determine the time frame for trading from and will save you energy and your time.
Členem od Jan 22, 2021
126 příspěvků
Apr 22, 2021 at 10:55
Andronn posted:
Try to always determine the time frame for trading from and will save you energy and your time.
Agreed! Keep balance between forex trading and other recreational activities that gives you a sense of happiness.
Členem od Mar 17, 2021
494 příspěvků
Apr 23, 2021 at 11:41
blackChelsea posted:Andronn posted:
Try to always determine the time frame for trading from and will save you energy and your time.
Agreed! Keep balance between forex trading and other recreational activities that gives you a sense of happiness.
Yes. By doing this, you can not feel bored to trade.
Členem od Oct 17, 2018
99 příspěvků
Apr 26, 2021 at 10:40
Taeusz1342354 posted:
I believe that everything should have its own measure. Excessive trading in most cases leads to negative consequences. It is necessary to develop a trading strategy and monitor compliance with the rules of this strategy.
yeah so true i used to think i needed 10 / 15 trades a day and was always looking to jump in now its more about 3 or 4 clean great risk to reward trades a week sometimes less
Členem od Mar 28, 2021
586 příspěvků
Apr 27, 2021 at 12:01
Overtrading is one of the reasons people lose money in the forex market. It happens due to lack of discipline and proper plans. You need to have good plans and execution of those plans. Otherwise you will keep losing money.
Členem od Jul 31, 2019
28 příspěvků
Sep 15, 2021 at 09:31
Overtrading can damage your account and lead you towards losses.
Členem od Jun 14, 2021
51 příspěvků
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.
Členem od Jun 09, 2021
42 příspěvků
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.
Členem od Mar 28, 2021
586 příspěvků
Sep 17, 2021 at 12:40
@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.
Členem od Mar 17, 2021
494 příspěvků
Sep 18, 2021 at 20:20
marcusobrien posted:
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.
Overtrading is the most dangerous thing in this market. You should be very careful.
Členem od Jun 09, 2021
42 příspěvků
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
Členem od May 27, 2021
56 příspěvků
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.
Členem od Apr 01, 2021
10 příspěvků
Sep 21, 2021 at 21:01
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.
Členem od Apr 03, 2021
437 příspěvků
Sep 21, 2021 at 21:09
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.
Členem od Jun 07, 2021
70 příspěvků
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.
