Why You Overtrade and How to Fix It! 👍
Why you overtrade and how to fix it. http://www.financial-spread-betting.com/strategies/overstretching-overtrading.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! FOMO. (Fear of Missing Out) Do you overtrade? I used to have this problem and I still have to be careful that I don't have too many trades open at any one time. The main reason we are overtrading is FOMO - i.e. Fear of Missing Out. We want to take that trade because we believe it could be a good winner and we want to express that by putting risk on the table. But overtrading can get so bad that it could end up your trading career. Unfortunately this problem is very common amongst day traders and swing traders alike.
How to fix it? Have a trading plan and set limits and just accept that you will lose a lot of opportunities. The whole point is to get the very best trading opportunities. Limit the total amount of 'acceptable net loss' you are willing to take. Another strategy you can do is to end the day after a certain number of wins.
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Overtrading vs Undertrading: How To Strike The Right Balance! 👍
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Why You Overtrade and How to Fix It! 👍
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Видео Why You Overtrade and How to Fix It! 👍 канала UKspreadbetting
How to fix it? Have a trading plan and set limits and just accept that you will lose a lot of opportunities. The whole point is to get the very best trading opportunities. Limit the total amount of 'acceptable net loss' you are willing to take. Another strategy you can do is to end the day after a certain number of wins.
Related Videos:
5 Reasons Why OverTrading is so Deadly 💀
https://www.youtube.com/watch?v=WX8N6NlFq8I
Overtrading vs Undertrading: How To Strike The Right Balance! 👍
https://www.youtube.com/watch?v=0D1z5M3BgVc
Why You Overtrade and How to Fix It! 👍
https://www.youtube.com/watch?v=1OG1Wftazok
7 Reasons Why Traders Overtrade! ⚠️
https://www.youtube.com/watch?v=KUeGQtkdAgE
Tips to Help You Overcome Overtrading ⛔️
https://www.youtube.com/watch?v=53NHQhhpWqA
Trading Mistakes and Bad Habits to Avoid 🙄
https://www.youtube.com/watch?v=iwG723PjjkY
Top 4 Tips For Dealing With FOMO (Fear Of Missing Out!) 😀
https://www.youtube.com/watch?v=ZJVm890OnW0
Видео Why You Overtrade and How to Fix It! 👍 канала UKspreadbetting
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