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Unnecessary trade

UweMoench
Jan 12 2021 at 13:43
751 postów
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.
bisseranast
Jan 12 2021 at 19:53
7 postów
salamibrish
Jan 25 2021 at 07:57
28 postów
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.
Joz8
Jan 25 2021 at 08:11
104 postów
Over trading is in now way helpful. I remember how many losses I have incurred because of not closing my positions on time.
Malajind
Jan 25 2021 at 10:03
75 postów
Sometimes we release something important and suffer losses, but the most important thing is to draw the right conclusions from mistakes and correct them.
Thetalak
Jan 25 2021 at 18:33
14 postów
People are just interested in getting everything at once, and this sometimes leads to severe consequences.
Vianni
Jan 25 2021 at 19:03
11 postów
Even the most improper trade is an experience.
And experience is the basis for productive work.
momo3HC
Jan 26 2021 at 20:33
300 postów
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.
dennisstanley
Feb 04 2021 at 03:44
18 postów
Yeah, they should be aware of when to enter and exit but then it also comes with some experience, so there is that.
Joz8
Feb 04 2021 at 07:18
104 postów
dennisstanley posted:
Yeah, they should be aware of when to enter and exit but then it also comes with some experience, so there is that.
Agreed, practice teaches a lot while we trade. It takes time and patience to become better here.
MichaelEX
Feb 05 2021 at 03:48
48 postów
Unnecessary trades is a problem for those who are still struggling with self confidence. This can be solved only with knowledge, practice and experience.
KnowFinance
Feb 05 2021 at 11:57
85 postów
momo3HC posted:
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.
Overtrading is definitely the biggest mistake made by most of the people, in the greed of making more profits, they are left with loss.
Mohammadi
Feb 08 2021 at 04:17
886 postów
no way to avoid the importance of demo trading , bu the main problem is , the experience we took from demo practically not works when trading in a live account. so, traders don't believe the importance of this trading place. 
AliaDare
Feb 14 2021 at 13:01
788 postów
It is never possible to gain trading profit without a trading plan and discipline. As a trader, you should always trade with discipline.
LyudmilLukanov
Feb 14 2021 at 16:56
869 postów
To avoid unnecessary trades, traders have to follow proper trading plan. Otherwise you may end up in losing side.
Michihito
Feb 15 2021 at 12:18
298 postów
Loss is inevitable in forex trading but you shouldn't feel dejected like you have said,if you get dejected every time you loose,then it would come to a certain time that you would not want to invest in forex again but if you carry on and you don't let your loss to weigh you down,I am sure you will be able to trade many more.
LeviSievwright5
Feb 15 2021 at 17:35
298 postów
If you trade by force where there is no trade. But it will go beyond discipline and plan. So you have to survive by trading positively.
Joz8
Feb 16 2021 at 05:35
104 postów
LeviSievwright5 posted:
If you trade by force where there is no trade. But it will go beyond discipline and plan. So you have to survive by trading positively.
I make it a point to never go against my plan, as much as possible. I guess that's too important to stay in the game.
yana hansen (78678676)
Feb 16 2021 at 10:38
137 postów
Overtrading is dangerous. Sometimes people overtrade because they are getting profits back to back and sometimes its revenge trading, that is when you trade to overcome your losses. Please don’t let these two situations fool you as the market is very volatile and you cannot predict the market’s direction a 100%.
phillipgriffin
Feb 17 2021 at 05:01
33 postów
jasonmark409 posted:
MichaelEX posted:
Unnecessary trades is a problem for those who are still struggling with self confidence. This can be solved only with knowledge, practice and experience.
Absolutely and I’ve seen that often traders make the mistake of opening lots of positions in greed or hope to hit the jackpot on some or all of their trades.
When I started trading, I started using the 15 minutes chart believing that more trades would equal more profit. I mean if one can make 2-3% on a trade that lasts for 2-3 weeks, what’s the harm in making the same in 2 hrs? Damn how wrong was I and late to realize that overtrading did nothing but exhaust my funds at a much faster rate.
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