Nifty 50 Index
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Trader's Query - Over trading

Query :
How to control over trading? In last 4 sessions I made huge losses
I keep on placing orders, once I get loss.

Trading type : Intraday
Trading Instrument : Index

Reason :
Lack of discipline & knowledge
Lack of fear about money

How to rectify:
Trade based on well tested strategy
Less or no trades on news days
Targets vary depending on market situation
Follow trading rules
Example for trading strategy
תמונת-בזק

When you are ready to pay brokerages, lose money because of over trading, you can spend your time, energy and money to learn about trading.
Risk ManagementTrading Psychology

Role I play here : Moderator.
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