I have been overtrading lately after i switch my broker from robinhood to ustocktrade. Looks like i became trigger happy with this broker since you could use the money right away after you sell the stock. They only charge a dollar per transaction. I have traded $OPTT about 15x today and yesterday $BOSC about 15x as well. I will post the logs later. i am aware that this is not a good discipline to practice and my self control sucks if i could use the money right away. Feel free to bash me(that might help)
Anyway, Is there any good free videos that you recommend for trading discipline
Posted Jun 01, 16 4:58 PMbyj0hn08
Categories
Basics
Only thing i can say is try to niche down on the patterns that you see and are comfortable with, there really no need to trade more that 3-8 times per week, if you pick the right plays. Like mark crook, 6% of his trades make up most of his profits.
Read some good trading psychology books too, they might help.
You will make more money if your focused structured trading by the rules. First off you need to get another broker. After you have switched brokers need to work on yourself. Should only be trading the perfect setups. I only trade about 4-7 trades total throughout the week.
Thank you guys for your tips. you guys are right i have made more profits on setups thats im familiar with. I have to really be choosy from here to avoid a disaster.
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