šØOvertrading - Definition and RisksšØ
-Overtrading means that you make too many trades in a short time, often without a clear plan. This is a common mistake, especially among beginners or overly emotional traders.
*Symptoms of overtrading :
Entering/leaving the market very often (FOMO).
Take positions without technical confirmation.
Increase the risk to "remake yourself".
Monitor the charts continuously, even without a clear opportunity.
*Consequences :
Cumulative losses due to expenses and bad decisions.
Mental fatigue and increased stress.
Decrease in discipline (SL ignored, TP moved...).
*How to avoid it :
1. Precise trading plan: entry, SL, TP defined in advance.
2. Limited number of trades per day/session (ex: max 3).
3. Trading log: to track your mistakes and progress.
4. Respect your strategy: no impulsive reaction to the market.