GRom-84
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WHAT IS OVERTRADING AND WHY IT CAN END YOUR ACCOUNT. 😱
By definition, overtrading is executing far more trades than indicated by the setup or criteria of the strategy even when it is unnecessary. Essentially, it is trading without control, without consciously reflecting on the strategy, and seeking opportunities where there are none.
It is considered a vice related to a lack of control and a clear strategy aimed at making profits in the market even when this may not be possible, which translates into poor entries and losses due to a lack of strategic criteria.
The market opens, blinks, stirs… and your finger trembles over the entry button? Then you have no strategy, you have no Edge that allows you to take advantage of the true opportunities in the market, and perhaps, you do not truly understand the market. It is more of a speculative illusion that makes you consider that you are facing a "potential opportunity," which in reality will be a "loss." Overtrading is often a vice that must be eradicated from our trading.
I have this phrase for you:
"It is better to be out of the market wanting to enter than in wanting to exit."
The market does not reward activity, it rewards precision. The correct decision.
Every unnecessary trade is a form of self-deception, the perfect formula for disaster. You disguise anxiety, impatience, lack of control, and self-sabotage as discipline, which will inevitably lead you to losses.
You tell yourself that you are in the trade because "you are going to take advantage of the movement before anyone else does," when in reality, you are fleeing from the void of not knowing how to wait.
If you truly want to have control over your money, your risk, and your ability to win, master that impulse to trade when there are no visible opportunities. When there is nothing to invent, it is correct. When there is no reliable setup or when the criteria of the strategy are not met, YOU MUST NOT TRADE.
"Stop trading just to trade or your account will evaporate."
Say no to overtrading! AMT
By definition, overtrading is executing far more trades than indicated by the setup or criteria of the strategy even when it is unnecessary. Essentially, it is trading without control, without consciously reflecting on the strategy, and seeking opportunities where there are none.
It is considered a vice related to a lack of control and a clear strategy aimed at making profits in the market even when this may not be possible, which translates into poor entries and losses due to a lack of strategic criteria.
The market opens, blinks, stirs… and your finger trembles over the entry button? Then you have no strategy, you have no Edge that allows you to take advantage of the true opportunities in the market, and perhaps, you do not truly understand the market. It is more of a speculative illusion that makes you consider that you are facing a "potential opportunity," which in reality will be a "loss." Overtrading is often a vice that must be eradicated from our trading.
I have this phrase for you:
"It is better to be out of the market wanting to enter than in wanting to exit."
The market does not reward activity, it rewards precision. The correct decision.
Every unnecessary trade is a form of self-deception, the perfect formula for disaster. You disguise anxiety, impatience, lack of control, and self-sabotage as discipline, which will inevitably lead you to losses.
You tell yourself that you are in the trade because "you are going to take advantage of the movement before anyone else does," when in reality, you are fleeing from the void of not knowing how to wait.
If you truly want to have control over your money, your risk, and your ability to win, master that impulse to trade when there are no visible opportunities. When there is nothing to invent, it is correct. When there is no reliable setup or when the criteria of the strategy are not met, YOU MUST NOT TRADE.
"Stop trading just to trade or your account will evaporate."
Say no to overtrading! AMT
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