$BTC

Overtrading is a common mistake that many investors make. This mistake often stems from a lack of discipline and a desire to quickly recoup losses. After losing a trade, some investors immediately make another trade without proper analysis, hoping to recoup the loss. This reckless behavior can lead to even greater losses.

Successful traders set clear goals for each day, including how much profit they want to make and how much loss they are willing to take. They know when to stop trading, whether they have reached their profit target or loss limit. On the other hand, overtrading often results in high transaction costs and can lead to capital depletion