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?

  #56 (permalink)

Posts: 128 since Jan 2013

muis2 View Post
I've had a couple of frustrating weeks resulting in a big drawdowns in my account.

I'm finding that I have spotted several good trades/trends over this period, but I get stopped out too early, then I chase overtrade and end up doing serious damage to my account.

What do you guys do to manage your emotions? How do you create a trading plan?

I have a serious tendency to focus on the markets and get an itchy trigger finger when the markets are open.


Have you heard of the new 2019 Micro Futures?

You can buy a Micro Futures for just $25 removing this way most if not all the emotions you can have while trading.

Now of course $25 is not a lot but you can scale your way up as you feel more comfortable.

Just my 2 cents.


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