1 min

Discipline
Trading Basics

The Dangers of Overtrading

Share the knowledge

Wasim Chawa

Description


More trades doesn’t mean more profits. In fact, overtrading is one of the biggest traps even experienced traders fall into. Here’s some real talk on why patience, balance and smart risk management always wins.

Transcript


[Translated from Arabic]

This is my advice as a trader with over twenty years of experience to anyone who wants to start trading today.

The biggest profits are not achieved by making more trades. Try to avoid entering too many trades at the same time.

Try to spread your risk in stages. This means that you distribute your risk across different price levels rather than committing to a single price and risking everything on it.