Avoid OverTrading

     For some people, doing anything trading forex can make include addiction, much like gambling addiction. Especially if that person is being a loss, he can be very passionate kissing to recoup.

     Similar to gambling addiction, people who are addicted to trade usually do not benefit. Most good he just managed to break even, which even the person making the more ardent begin trading again.

One who has a pretty good strategy in the transaction currency, but if your addicted to Transact (OVERTRADING) ultimately even be losers. If he keeps losing, the person who is addicted to the transaction eventually transacting with no strategy, just rely on hold only. His reason was gone and changed with emotions and passions.

      Overtrading is now becoming difficult to be controlled, especially with the existence of a system that makes it easy for traders to make transactions anytime, anywhere. Now currency traders could Transact over the internet, even your mobile phone. Moreover, now the laptop and mobile phone the more cheaply. This convenience makes traders tend to make transactions more frequently. The system originally used to facilitate Your transactions, if not used wisely can actually make you become addicted to Transact.

 

    Here are some tips to keep you are not addicted to the transaction:

1. the Use of planning and comply with trading trading plan that you specify.

2. Have Your transaction activity on a regular basis. Notes or monthly reports and brokers you can analyze to see if you do too many transactions or not. If there are many transactions and most likely you losers overtrading.

3. Can profit. If there is no forex transactions You are making a profit, should you stop first, either selling or buying forex, then Plan Your strategy is anniversary. The moment you stop while it is not impossible the trend turned around and even Your position now bring in profit.

4. Reduce contact with the financial and economic world. For example, turning off alerts, news. If you are a fundamental trader, you can restrict on news on the most important indicators only. Then you too can reduce your business newspaper subscription. If for example you subscribe to two-three newspaper, now just one course. If addiction information about economic and currency conditions, usually you also addicted to Transact.

Overt rading can backfire to you. Very difficult to turn a profit when it is too ardent to Transact. The ability to withdraw temporarily and the market can help you turn a profit.