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SNIPER TRAINING: THE CURE FOR OVER TRADING

David Blair (May 4th, 2009) Writes:

 

sniper1 SNIPER TRAINING: THE CURE FOR OVER TRADING

One of the trader’s biggest psychological barriers to overcome is over trading.  Of course, over trading is relative depending on the type of trader you are and the time frame(s) used to make trading decisions.  However, if you have a well formulated trading plan, you will know from past experience when you are walking the line between planned trading and over trading.

 

Here are some of the symptoms of over trading:

1.     not sticking to a plan or system

2.     taking trades for no clear reason

3.     taking on larger than normal positions

4.     second guessing your system

5.     jumping the gun (entering a trade in anticipation of an affirmative signal/pattern)

6.     obligatory trading (if I am not

...

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