Monday, August 10, 2015

How to Stop Overtrading


We’ve all done it. Some days the market just seems to have our number and we end up taking too many losing trades. Or we have a good day and take one too many trades that ends up taking away much of our hard earned profit, or worse, puts us in a losing position. Overtrading is a big problem among traders. Overtrading can damage your account more quickly than almost anything else you can do. Part of the problem with overtrading is we don’t really know when we’re doing it – until it’s too late. So what is a trader to do? How can you stay away from the evils of overtrading? Simply put, people overtrade because they don’t have a proper trading plan. A proper trading plan is more than just preplanning your entries and exits. A proper trading plan also tells you when you ve traded enough and it s time to stop. With a trading plan it is virtually impossible to overtrade. Developing a proper trading plan is not difficult to do; however most people don t know where to start. In ord
https://www.indicatorwarehouse.com/how-to-stop-overtrading/

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