This is a trader question from the Fibonacci Trading Forum.

Bert says:
Overtrading, my self-discipline, I struggle with those the most.

Neal responds:
There can be many reasons for over-trading, so it could be beneficial to analyze the causes of this problem.

Think about your trading, when you are over-trading, what are the circumstances? Are you bored, do you need excitement? Are you pressured by your setups and triggers to enter often? Are your stop-losses too close so you are exiting and have to re-enter frequently? Are the trends weak so you have too much whipsaw? Are you trading lower time-fames, those micro-wiggles with excessive noise?

All of those reasons can have solutions. After carefully assessing the causes, you can begin to solve the problem.

-Neal (FibMaster’s Fibonacci Trading Course)

Filed under: 8. Over-Trading

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