1. Do not overtrade, always allocate time for relaxing and purifying the mind.
Excessive trading is not good for a trader's finances and health. Because when a trader trades excessively, they will sacrifice their rest time by monitoring the market continuously and seeing how the charts keep moving in front of their monitor. This is not recommended for traders, because good traders are those who can manage their time by knowing when to trade and when to rest. By managing trading time and rest time, a trader can maintain a healthy balance between trading and their personal health in the long term.
Everything which is excess is always considered to be bad and it would really be better that you should really know on how to control yourself when it comes to your emotions because this market could really be that something that will really be like a roller coaster on which it could really potentially mess up your emotions which might lead into those bad decision making on which this is likely the thing that do really happen most of the time. This is why self control and discipline is something that you would really be needing to look up into.
Each person does have that kind of different level when it comes to tolerance and risks management and on the time that it would be able to hit up such threshold then this is the time that you would really
be having those kind of impulsive actions which caused by that emotions that had been burst out and cant really be handled. if you wont really be that making yourself that too careful
then you are really that bound on doing things on which you might be ended up on having that kind of condition.