Over-trading is a very harmful
Member Since Feb 16, 2019
30 posts
Mar 26, 2021 at 11:42
UweMoench posted:hard to fix as a habit tho
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.
Member Since Mar 16, 2021
477 posts
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.
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.
Apr 21, 2021 at 16:19
ArneilPacula posted:Yes, trading can lead to overtrading if I cannot control emotions.
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.
Member Since Jan 22, 2021
125 posts
Apr 22, 2021 at 10:55
Andronn posted:Agreed! Keep balance between forex trading and other recreational activities that gives you a sense of happiness.
Try to always determine the time frame for trading from and will save you energy and your time.
Member Since Mar 17, 2021
536 posts
Apr 23, 2021 at 11:41
blackChelsea posted:Yes. By doing this, you can not feel bored to trade.Andronn posted:Agreed! Keep balance between forex trading and other recreational activities that gives you a sense of happiness.
Try to always determine the time frame for trading from and will save you energy and your time.
Apr 26, 2021 at 10:40
Taeusz1342354 posted: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
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.
Member Since Jun 14, 2021
53 posts
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.
Member Since Jun 09, 2021
44 posts
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.
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.
Member Since Mar 17, 2021
536 posts
Sep 18, 2021 at 20:20
marcusobrien posted:Overtrading is the most dangerous thing in this market. You should be very careful.
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.
Member Since Jun 09, 2021
44 posts
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
Member Since May 27, 2021
57 posts
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.
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.
Member Since Jun 07, 2021
72 posts
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.
