In my 40 years of trading, this addiction nearly destroyed my early career:

OVERTRADING ??

As an options market maker on LIFFE in the 1990’s I ‘reactively’ made prices to compete for business.

In the next decade, as a forex screen trader, I had to ‘proactively’ seek out trade opportunities through technical analysis.

Running an options book in the 1990s meant I always had a position to manage.

Forex trading exposed me to the psychological pull:

“I need to be in the market.”

You’re overtrading if you:

• Feel anxious when not in a position

• Trade during quiet market periods

• Take setups that barely meet your criteria

• Increased frequency but decreased win rate

How I broke the addiction:

Set a daily maximum of 2-3 quality trades.

Started scoring each setup 1-10.

Only entered 8+ setups.

Took me 3 painful years to learn:

Quality beats quantity. Every. Single. Time.

Now I teach confluence – waiting for multiple technical factors to align. Trade less, win more.

What’s your biggest overtrading trigger?

From Trading Novice to Market Professional in 3 Steps.

Our 3-Step Mentorship Program:
Technical Mastery • Risk & Trade Management • Trading Psychology – in a 29 video course.

https://www.daytradeideas.co.uk/online-day-trade-training-course/