Is over-trading a good practice?

[Daantje Pieters]

Over-trading is believed to be consuming the entire equity of traders. Is it actually true or it’s a good practice?

 

[Fin_Trader]

I don't see anything good in over-trading. When a trader wants to be constantly in the market in order to constantly earn money, at this time frequent mistakes occur due to fatigue and overtrading. To make money on Forex you need to be able to wait for your trading strategy to give signals for trades. Moreover, when simultaneous and frequent trades are made, this leads to risk violations and a load on the deposit, which also increases the chance of losing it completely.

 

[skrimon]

Over-trading is believed to be consuming the entire equity of traders. Is it actually true or it’s a good practice?

Over-trading = Equity killer! Focus on quality trades, not quantity. Patience is key!