[Trade Up]

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.

[Soultrader]

Originally Posted by Trade Up »

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.

[zarif]

Hi all
Just my Tuppence Worth.
Overtrading: I think of this as a twofold affair - The number of trades and also the Stakes ( positions size) employed. Both if not done properly in relation with R/R,Moneymanagement and Timeframe of your trading can spell disaster.
rgds
zarif