Any fellow trader can share some tips to avoid overtrading?

set your sl to 1 or 2% of your capital

saya mungkin berminat

dear fellow trader,

it is very hard to sit on ur hands if u do not knw exactly wat u r looking for.

a trade setup must b very clear in ur mind's eye to prevent pulling the trigger unnecessarily.

points to ponder :

1) is ur system too discretionary whr-by, thr r no hard & fast rules to prevent u frm jumping into a trade?

2) would moving up to a higher time frame help u to pull the trigger less?

cultivating discipline takes time. do not neglect the psychological development of trading.

Sad to hear about Keroro.

who is that?

Thanks for the input. The problem with my way of trading is that when i have open trade, later the chart give pattern show it want to go the other way. So confusing and annoying. Have to decide to drop the trade or let it go on.

He used to be active here, but stopped posting a few months back.

He helps ppl invest?

That's what I heard recently. Previously he was just giving advises.

So ppl got burned investing with him and he disappear now?

I am not sure about that. I also just heard from this thread.

Saya mungkin minat too

yen gonna rally again...

How long is 'later'? 5 mins later? 1 hour later? 1 day later? If your analysis and chart pattern changes very quickly would mean you are analysing within a very short time frame. That is similar to what people do for scalping.

For example, if you are analysing a 10 min Moving Average, that can change every 10 to 20 mins but if you are analyising a 10 day moving average, that won't change so fast.

So if you are playing catchup to a constantly changing indicator, you might just be looking at too short a time frame for your trading style.

Atleast you put BE + 1 right ?

u pening coz u tak follow trend... cari teknik2 yang boleh bagi u trend confirmation

ps; dont ask me i oso noob

Need to be discipline and follow your trading strategy

I also follow my strategy 100% and u can see my mt4 I shared a few pages back

90% winning trade

I don't get that by keep changing strategy but just minor tweak

This post has been edited by brotan: Apr 15 2016, 09:11 PM

yup, bro brotan is right.

understand what works for you and follow it

Which strategy bro?