Overtrading is a big NO in trading. As long as trading is done with an abuse and is not following already the perfect timing to trade, then trading will result into creating unbearable losses. Some may immediately leave the market for good due to consecutive losses that make them sucked their funds while others are brave enough to consistently face their struggles in trading and eventually learn from it.
Overtrading is never a good option. Instead learn to wait for the market to be favorable to trade and trade only when the market is giving good signals to trade.
If this situation occurs, traders should start to learn that there is something wrong in the analysis or asset selection they are doing.
Sometimes traders have the feeling of chasing profits when they experience consecutive losses. of course that is a bad choice because the situation will only increase losses because trading like that is not recommended.
however, traders are sometimes too eager to trade every day. especially if they are beginner traders. they have a lot of interest in a lot of assets and they want to try them out.
It's not wrong if done by beginners. it even seems natural for beginners to make such trades. but it's not recommended. especially if a novice trader has no one to direct them or friends to help them. it can be very bad when a trader chases a win in a series of losses that have already been earned.
traders must have control over when they should exit a trade and when they should continue. The target is still profit, but we cannot avoid losses if what we do ends up not being in accordance with plans and expectations.
.It's a common mistake and need to learn the hard way. I'm pretty sure when traders lose a lot, adjustments should be made, unlike with newcomers, they will try to push for more. Trading is a business where knowledge is the best line of support. All have the same intention, to earn money and be successful, but there are times when, instead of having a good winning trade,
Out of greed, a trader will try to push for more instead of stopping and enjoying those winning profits. Over trading also pollutes your mind. Everything that will circulate inside it is about how to earn more, forgetting that the market will not always be as friendly as you think it would.