What do you do to stop overtrading / manage trades? | Psychology and Money Management


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What do you do to stop overtrading / manage trades?

  #21 (permalink)

Legendary Market Wizard
Dallas, TX
 
Trading Experience: Intermediate
Platform: NT, TS
Broker/Data: IB, Oanda
Favorite Futures: ES, MES, MNQ, MYM
 
kareem40's Avatar
 
Posts: 653 since May 2010
Thanks: 1,733 given, 863 received

Best trading advice I was ever given

1) Trade very small ( micro ES and Forex)

2) Add only to winners

3) If one and two don't apply; don't trade.

Good luck,
Kareem

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