Trading is a very exciting occupation, which in a competent approach can generate income. I know this on my own experience. But there is one danger. Trading on Forex can be excessive. In this case, the trader is waiting for damages. Beginner traders are interested in unsystematic and very active trading. They heard or have read somewhere that in the foreign exchange market you can quickly earn a large profit and become very rich. And begin to achieve this goal. Such traders open a large number of trading Transactions without having appropriate grounds for this. In other words, decisions on the entrance to the market are taken impulsively outside any trading strategy. The trader can even carry for a while. But the deposit loss, in any case, is guaranteed. Why is this happening? Excessive trade on forex has a number of reasons.
Conditions for the emergence of an extra system trading
One of the reasons for excessive trading may be love for azart. Wanting to get another portion of adrenaline, the trader opens as More trade transactions.
The poor-quality trading strategy may also cause a transition to unsystematic trade. If there are no clear conditions for entry into the market, the trader begins to make erroneous trading decisions. For example, he opens the trend orders, and he has already ended, and the market is close to turn.
Problems with personal finance can also lead to unreasonable market actions. The desire to improve its financial condition is so great that he seeks to open As many transactions as possible to get large profits.
Excessive Trade on Forex may arise due to the intention to quickly recoup. The trader cannot accept the accuracy received and begins to open orders in the hope of quickly returning lost. In most cases, it ends with an increase in losses.
Unsuit trade can begin at such a banal cause as fatigue. Multiple sequence per monitor leads to intellectual and physical exhaustion. In this condition The trader loses self-control. He opens transactions more than it could be discovered in the current market situation.
Solving the problem associated with excessive trading is quite simple. First of all, you need to have a trading strategy with choking the rules of entry into the market, maintaining the transaction and its closure. To fulfill them, it is necessary to develop discipline in itself. If a major loss is received, it is necessary to take a break in trade. And finally, we should not forget about the rest. It is extremely necessary for recovery Forces and clarity of the mind.
Inga Fedorova
05.02.2022
Recording Excessive Trade on Forex For the first time, Forex-For-you.ru appeared.
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