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


futures.io - futures trading strategies, market news, trading charts and platforms


Psychology and Money Management


This forum is where successful traders spend most of their time and where struggling traders never visit. The psychology and money management forum is where you learn to become a profitable day trader




 

What do you do to stop overtrading / manage trades?

  #50 (permalink)

Phoenix Arizona
 
Trading Experience: Beginner
Platform: Global Zen Trader
Broker/Data: GFF Brokers
Favorite Futures: Crude CL
 
CrudeDude's Avatar
 
Posts: 86 since May 2019
Thanks: 13 given, 75 received


Tap In View Post
There is no such thing as overtrading. There is only bad trading.



I love your response. Just keep in mind that “bad trading” could include compulsive trading. Which is what I think most people are talking about when they referred to “over trading”.

I understand what they’re talking about because I have switched back-and-forth from compulsive trading to complete avoidance many times. It’s actually easier on the mind to over trade then it is to get into avoiding mode and sit there and do nothing. It feels more productive when you are over trading, even trading compulsively.

I would consider over trading (compulsive trading) the opposite of FLIGHT which is fight. Both negative behaviors and yes “bad trading” from a mental perspective.

Reply With Quote