What's the best method to keep yourself from overtrading?

Discussion in 'Trading' started by white, Oct 16, 2002.

  1. white

    white

    Any thought on this subject are appreciated, even more useful are actual methods on how not to overtrade.

    thanks

    White
     
  2. watching profits get translated into commissions day in and day out was a help to me.
     
  3. Turn off your computer(s) and give the wife a good time. Try
    doing this at a prop firm! As far as actual methods, I will leave that up to you. :D
     
  4. pitufo

    pitufo

    I hire a fat chick to sit on my hands
     
  5. white

    white

    Chas


    Good point, I never real thought of it that way.
     
  6. You have to make sure you're not just trading because you're bored. Sometimes I find myself placing a trade just to have some action. That is just plain stupid, and the winning percentage is definitely lower on boredom plays. That usually happen during midday. Stick to your strategy and don't trade unless it meets your parameters.
     
  7. white

    white

    pit



    If it were only that easy!
     
  8. terrh

    terrh

    with only 5,000 to work with, over trading should not be a problem.:p :p :p
     
  9. BSAM

    BSAM

    Losing lots of money the first year or so.:cool:

    BSAM
     
  10. Porn during lunch



    Omar
     
    #10     Oct 16, 2002