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Old 09-28-2006, 02:29 PM
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Re: Overtrading: A Common Mistake

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I think that many traders (myself included) can easily fall into the over-trading trap out of boredom.

If the markets are not moving, or nothing catches my eye, I have found myself jumping into trades I would not normally touch. Traders tend to have a very very low boredom threshhold, which is sometimes difficult to control!!

Be careful, boredom can be very expensive.
I totally agree. As a intraday trader I sit by my screens all day. Trading can be very boring sometimes especially in a dull market. When my daily goal has not been met, I tend to seek for opportunities where there is none. This forces me to make stupid trades that offer absolutely no reward.

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