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Over trading is very dangerous for traders.

Discussion in 'Belajar Trading' started by Joy denil, 09 May 2020.

  1. Joy denil

    Joy denil Member

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    Over trading is very dangerous for traders. Don’t try to overtake your capabilities and it is the main reason why most of the traders failure in Forex. Traders must continue their learning process and always need to choose simple trading strategy. I choose Forex4you broker which is very reliable and for my short term trading strategy they give me low zero spread from 0 pips, instant market execution etc. which make my trade well.
     
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  2. giomantov

    giomantov Member Credit Hunter

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    Brokers that think to get credibility writing those things by spammers just lose their credibility. Stop it
     
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  3. Jhonny Rapid

    Jhonny Rapid Member

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    Trading psychology is a very important aspect. Traders are forced to make quick decisions. That is why a trader needs his presence in mind and discipline. Furthermore, it is advised not to be overwhelmed by emotions. One of the key techniques to maintain and improve the discipline of forex trading is self-talk. Self-talk is a type of conversation with yourself while engaging in a particular activity.
     
  4. Susy Jain

    Susy Jain Member

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    It is essential to do safe trading. Tough the forex market is very risky, Every traders want to minimize the risk. If you are trading in forex market you should have enough knowledge about forex which help you to give safety to your account. as a trader I am trading with Tpglobalfx. I am always aware of taking precaution of my account.
     
  5. blackking

    blackking Well-Known Member Credit Hunter

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    Overtrading indeed not safe for trading, for manual trading it will make confuse how to manage all position, but in trading, there are trader like to trade with high-frequency trading, some of them use ea to manage account
     
  6. Shane Mendy

    Shane Mendy Member Credit Hunter

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    For my Forex trading I have been chosen Tpglobalfx broker because they always tries to fulfill all their clients demand all the time with best effort. They give various trading platform from where you can choose your suitable one. And I am trading by using their fastest ever MT4 trading software. This allow me to access from anywhere around the world very quickly and fast. I am trading very flexibly and smoothly.
     
  7. beanter8

    beanter8 New Member

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    You can lie but I know that you're not fine (oh yeah) Every time you talk You talk 'bout me but you swear I'm not on your mind You can pretend you don't miss me (me) You can pretend you don't care
     
  8. Generalfx

    Generalfx Member

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    Thought it would be better to look at the risks first before going in. FreshForex dedicated to educate beginners through their weekly webinars especially regarding the risks of Forex trading so that they won't lose much when going real.
     
  9. AlexanderS

    AlexanderS New Member

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    Thanks for the impresive update.
     
  10. Eso Lokma

    Eso Lokma Member

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    In my trading career, I always like to trade high leverage for making profit very rapidly , now I am comfortable with 1:1000 leverage which is very supportive to trade in a high lot in spite of small balance. But when markets moves at random , I use lower leverage for avoiding risk.
     
  11. Yolk Ide

    Yolk Ide New Member

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    It depends what strategy they are using. If trading with robot with small lot size, that's okay but if trading manually it's better that the trader avoid dilemma of managing multiple trades.
     
  12. Anele_

    Anele_ New Member

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    Overtrading, or excessive trading beyond one's strategy or capital, is risky for traders. It can lead to emotional decision-making, increased transaction costs, and higher exposure to market volatility. Sticking to a disciplined trading plan helps mitigate these risks and promotes long-term success.
     
  13. Wade_

    Wade_ New Member

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    Yes, overtrading is dangerous as it can lead to increased transaction costs, higher risk exposure, and emotional burnout. It often results from impulsive decisions or lack of discipline, which can erode capital and undermine a trader’s strategy and overall performance.
     

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