[FlashTrader]

Day trading isn’t just about finding good entries for me, it’s about knowing when to stop trading!

I used to overtrade like crazy. I’d have a solid morning session, up a decent amount, and then give it all back (or worse) by forcing trades in the afternoon. The problem? I was trading out of boredom, not opportunity.

Now I set daily cutoff rules:

1. If I hit my profit target, I walk away.

2. If I take two losses in a row, I step back for at least an hour.

3. If volume dries up and setups become choppy, I call it a day.

How do you avoid overtrading?

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[Delph]

Man I feel this post in my soul. The afternoon fade has wrecked me more times than I care to admit. I used to think “Just one more good trade” but it was always one more bad one.

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[Steve]

Overtrading is undisciplined gambling with extra steps. If you don’t have an edge in the afternoon, why are you in the market? Would a sniper keep shooting at nothing just because they’re bored?

Stick to your rules and protect your capital. You don’t get paid for how much you trade – only for how well you trade.

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[PipPredator240]

Quality > Quantity

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[Author]

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