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Over trading is a bad habit

UweMoench
Jan 03 2021 at 07:19
751 Posts
Over trading is one of the reasons why people make their account zero. If any trade goes against they open new trade thinking that it will help then to recover the loss quickly. By these way they do over trading. It is a really bad practice.
GEEMIX
Jan 03 2021 at 11:33
1 Posts
😎 I very much agree with you, I was a victim of over trading, I end up losing my win trades.
Mendel (timur12345)
Jan 03 2021 at 13:14
4 Posts
forex_trader_[2058895]
Jan 03 2021 at 21:43
14 Posts
Indeed it is, especially when one is on a winning or losing streak. When one is on a winning streak, one overtrades because of overconfidence. When one is on a losing, one overtrades because of the desire to win.
AliaDare
Jan 04 2021 at 01:01
788 Posts
Over-trading is very harmful. It is never possible to become a successful trader by over-trading.
lovefortrading (perryjohn765)
Jan 04 2021 at 04:43
238 Posts
i agree with you on this, over trading is bad and one needs to make sure not to lose what is left after they have already incurred the losses.
LeviSievwright5
Jan 05 2021 at 00:27
298 Posts
It is not possible to sustain the investment by over-trading. Every trader should refrain from over-trading.
debragonzalez
Jan 11 2021 at 07:25
23 Posts
If you can’t control your emotions, you will end up overtrading. So, it is always advised not to let your emotions control your trades.
Jude_craig
Jan 11 2021 at 07:40
81 Posts
debragonzalez posted:
If you can’t control your emotions, you will end up overtrading. So, it is always advised not to let your emotions control your trades.
Well said! I think the best way put to avoid over trading, is to use a trading plan. That will surely be of some help.
first_time
Jan 11 2021 at 09:47
77 Posts
Overtrading happens when you are getting over confident or not being satisfied with win/losses and yes, everyone should avoid the over trading as nothing good comes out of that.
harrymartinez
Jan 29 2021 at 05:39
21 Posts
first_time posted:
Overtrading happens when you are getting over confident or not being satisfied with win/losses and yes, everyone should avoid the over trading as nothing good comes out of that.
I think demo trading is the best method to find out about your limits while you trade.
Starcliff
Jan 29 2021 at 06:28
55 Posts
Everything should have its own measure, and if you want to really be successful, you must be able to calculate and plan.
Scarymaniak
Jan 29 2021 at 11:21
28 Posts
harrymartinez posted:
first_time posted:
Overtrading happens when you are getting over confident or not being satisfied with win/losses and yes, everyone should avoid the over trading as nothing good comes out of that.
I think demo trading is the best method to find out about your limits while you trade.
Over trading can have multiple definitions; for a scalper who has done tens of hundreds of trades per day ( depending on the experience). I think on the trading aspect there is no such thing as over-trading. It is upon us how much risk we can take and how long we can keep taking the right decisions.
garrychristians
Feb 01 2021 at 12:41
35 Posts
Don’t take excess pressure while trading; when you feel that you are not able to open the right positions, call your day. Fatigue is the general sign of wearing out.
Bunaya
Feb 01 2021 at 12:43
54 Posts
There is a moment when my fanatical start to trade, but this is wrong, because reaction and attentiveness are lost.
AmDiab
Feb 01 2021 at 13:47
718 Posts
No way to ignore your point; but the fact is; you also need a healthy trading capital to be a satisfied Forex trader!
Gracewilson1995
Feb 01 2021 at 17:26
147 Posts
Yes, I agree with you. Trading CFD is risky and should be done carefully.
LyudmilLukanov
Feb 01 2021 at 17:40
869 Posts
Gracewilson1995 posted:
Yes, I agree with you. Trading CFD is risky and should be done carefully.
There is on gain without risk. So, manage or reduce risk effectively to earn money.
harrymartinez
Feb 02 2021 at 06:27
21 Posts
garrychristians posted:
Don’t take excess pressure while trading; when you feel that you are not able to open the right positions, call your day. Fatigue is the general sign of wearing out.
I think algo trading is the best way to reduce the fatigue for a trader, constantly monitoring your screen can be stressful. I recently switched from manual to automated trading on the same platforms I was using earlier: MT4 on cmc markets and fxview, but I’m seeing a significant reduction in stress and increase in profits.
Joz8
Feb 02 2021 at 06:38
104 Posts
It definitely is. When I had just begun with trading, over- trading was one of the major issues that I had faced at that time, but yea with good regular practice and planning, one can fight it.
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