It's never Intentional, It's just a Psychological Reaction to a Series of Profit Or losses.
#weekend thread..
OVERTRADING...
Why It Happens..??
And How to Overcome it..??
RT If u Find Any Value Addition to Your Trading..
It's never Intentional, It's just a Psychological Reaction to a Series of Profit Or losses.
Fear :- Attempt to make up for a loss..
Excitement :-When Markets are Moving Fast, Traders rush to Make New positions Without Proper thinking
(Out of Excitement)..
Greed :- When traders are already in profit, they want to Make "Even More"..
1) Series Of losses And Urgency to recover them as quickly as possible.
In this Process, We Forget the Utmost Fact that
'Each Trade is Unique in it's own aspects..'
And feel tempted to increase frequency of trades
(Outside of The Trading Plan).
1) Make a Strict Trading Plan and Follow it To the Core.
Keep Improving it,
Make it more restrictive..
Add Strict Entry and Exit Parameters.
2) Back up Your Decisions with Crystal-Clear Analysis.
Decision Making should be Always Final.
Is it Rational..?
Or
Is it Emotional..?
Strictly Control Yourself If u Feel it's an Emotional Decision.
This is the First step to Avoid Getting carried away in flow of Emotions.
If u place a 3rd Trade, There is 100% Chance that It's Being Driven By Pure Emotion.
You'll Totally Loose Control, if 3rd Outcome isn't in ur Favor.
More from All
Hello!! 👋
• I have curated some of the best tweets from the best traders we know of.
• Making one master thread and will keep posting all my threads under this.
• Go through this for super learning/value totally free of cost! 😃
1. 7 FREE OPTION TRADING COURSES FOR
A THREAD:
— Aditya Todmal (@AdityaTodmal) November 28, 2020
7 FREE OPTION TRADING COURSES FOR BEGINNERS.
Been getting lot of dm's from people telling me they want to learn option trading and need some recommendations.
Here I'm listing the resources every beginner should go through to shorten their learning curve.
(1/10)
2. THE ABSOLUTE BEST 15 SCANNERS EXPERTS ARE USING
Got these scanners from the following accounts:
1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX
The absolute best 15 scanners which experts are using.
— Aditya Todmal (@AdityaTodmal) January 29, 2021
Got these scanners from the following accounts:
1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX
Share for the benefit of everyone.
3. 12 TRADING SETUPS which experts are using.
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4.
12 TRADING SETUPS which experts are using.
— Aditya Todmal (@AdityaTodmal) February 7, 2021
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
4. Curated tweets on HOW TO SELL STRADDLES.
Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on
Curated tweets on How to Sell Straddles
— Aditya Todmal (@AdityaTodmal) February 21, 2021
Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on Straddles
Share if you find this knowledgeable for the benefit of others.