Post
Topic
Board Trading Discussion
Re: You lose more when you over trade
by
Yamifoud
on 31/12/2023, 16:46:53 UTC
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.
There is nothing bad when we over trade especially if we know how to trade and make more profits during the period of over trading.
I think some persons do it in a wrong way thinking they can be as experts as the pro traders making huge profits from the market.
We don't have to copy other people pattern of trading not to end up losing big especially if we have not mastered the art of trading very well. There is exceptions to everything we do and we should not be carried away by mere results we see other people having in trading.
NO, overtrade means not good as you're risking more than usual and it is not a healthy practice for a trader.
If you are thinking that over-trading will help you earn more, then that is wrong but this will lead you to instant losses and mental impact in the future. A trader must know how to control themselves and must know their limitations as well.

A successful doesn't just have a good market judgment but also has a good healthy practice. And over-trading is not a practice by them, it is just for those who are chasing their losses thinking that it could help to recover but not knowing this could also be the reason for incurring more losses.