It's something you might want to consider. 5 bucks a round trip, 10 trades a day, grand a month shot just in commissions. If you are making a million a year it's no biggy but when your losing a grand a month it counts.
Hello Overnight, My commissions per trade round trip is $4.98. No, I do not pay attention to that. The is the broker fee.
That was very good. Wasn't sure what going on. I normally just skip your Vids but that was quite good. You have a clip for every possible reply I'm guessing Over trading - not waiting for quality Trades to come to you, but taking lower quality Trades, would be my definition. So eventually Overtrading is going to bite you on the Butt.
ROFLMAO …funny..hilarious. However, it is like saying apples are round; oranges are round; therefore an orange is an apple. Eating and trading are two different, unrelated activities. Overeating leads to no good unless you are too skinny and need to gain pounds to be healthy. Overtrading leads to good as long as you are trading good signals, you get enough to overtrade, and your judgment and reading the market is not impaired because of being distracted or tired or just plain “out of the groove”. As Vern would say; “Know what I mean Vern?
Overtrading underlines an issue. As they said … No one talks about it in the best of the worlds. Even though you might have been lucky this time, But overall it is a bad habit that leads to negative outcomes. I agree with you that it means taking the wrong trades, It’s clicking the button more than it is necessary. Anyway … Already posted too much down here, Seems like no one is actually reading them. Ciao
%% [1]AVOID too much trading?? Talk is cheap + notes are 2 so i write more; write more prices, read more writing, listen to more music notes, uSe more colors in trade/invest notebook. [2]MAY not EVER be able to stop ''wanting to open another trade '' LOL; , but since talk is cheap + notes are2 , a trade/investing notebook helps alot [2]Ever read +proved 10 commandment of trading , 10 commandment of gun safety??Do plenty of good things you dont ''want to, like walk more, eat more multi colored veggies {3}TAKE your profits, + partial profit,EVEN THOUGH a good trend will make much more than you ever thought. So have some investments that profits run+ run+ run + run + run ........... Now i aint saying its right or its wrong; Let the weak be strong\ maybe its the only way\ talk about your revolution /its Indepedance day./ Martina McBride music notes / >17,777,999 official video views. Good questions,eK180/ easier to digest more colored fruits than veggies LOL [ CAN SLIM[WON-IBD] books help a lot; but nothing to do with lose weight]
So what is missing in your post is: What frequency of trading best suits you? Do your setups make a good fit for the above. I have seen people whose personality is best suited for short term trades, using medium long term setups and over trading. They try to have "discipline" but it was like watching an alligator trying to fly.