UweMoench
Uczestnik z Jul 19, 2020
751 postów
Jan 12 2021 at 13:43
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
Uczestnik z Nov 29, 2020
7 postów
Jan 12 2021 at 19:53
I think you are right
salamibrish
Uczestnik z Nov 24, 2020
28 postów
Jan 25 2021 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.
Joz8
Uczestnik z Nov 19, 2020
104 postów
Jan 25 2021 at 08:11
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.
momo3HC
Uczestnik z Oct 20, 2018
300 postów
Jan 26 2021 at 20:33
salamibrish posted:Absolutely. Overtrading is one of the biggest mistakes.
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.
dennisstanley
Uczestnik z Nov 26, 2020
18 postów
Feb 04 2021 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.
Joz8
Uczestnik z Nov 19, 2020
104 postów
Feb 04 2021 at 07:18
dennisstanley posted:Agreed, practice teaches a lot while we trade. It takes time and patience to become better here.
Yeah, they should be aware of when to enter and exit but then it also comes with some experience, so there is that.
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
Uczestnik z Jan 16, 2021
85 postów
Feb 05 2021 at 11:57
momo3HC posted:Overtrading is definitely the biggest mistake made by most of the people, in the greed of making more profits, they are left with loss.salamibrish posted:Absolutely. Overtrading is one of the biggest mistakes.
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.
Mohammadi
Uczestnik z Aug 11, 2017
886 postów
Feb 08 2021 at 04:17
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
Uczestnik z Jul 19, 2020
788 postów
Feb 14 2021 at 13:01
It is never possible to gain trading profit without a trading plan and discipline. As a trader, you should always trade with discipline.
LyudmilLukanov
Uczestnik z Jul 23, 2020
869 postów
Feb 14 2021 at 16:56
To avoid unnecessary trades, traders have to follow proper trading plan. Otherwise you may end up in losing side.
Michihito
Uczestnik z Jul 19, 2020
298 postów
Feb 15 2021 at 12:18
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
Uczestnik z Jul 20, 2020
298 postów
Feb 15 2021 at 17:35
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
Uczestnik z Nov 19, 2020
104 postów
Feb 16 2021 at 05:35
LeviSievwright5 posted: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.
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.
yana hansen
(78678676)
Uczestnik z Oct 16, 2020
137 postów
Feb 16 2021 at 10:38
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%.