Symptom of Overtrading?

Quote from Harry123:

Basically to address the reply made by NihabaAshi

I trade about 400 trades per month. That would equal 200 round trips per month and 10 round trips per day. However, I usually focus on a select group of stocks during the day and do not going back and forth all over the place on 11 different stocks in one day as I did today. Lastly I also have other accounts that I hold for longer periods of time on a swing trading basis 1-2 weeks tops. In my opinion I overtraded and I mentally felt that.

Now as for you Candle, I have read through your last 50 posts/replies just now on different subjects, I find it quite odd that the majority of them were antagonistic remarks off the subject goading the original poster. Then when that poster defends himself in a discreet and much nicer manner you come back with the "see this guy is a "troll" response. You have done this to so many people on this board it is frightening that you have not been pulled off the board for creating a mess of Elite Trader.

Thanks for the responses NihabaAshi, bobcathy and lundy they were very helpful. As for Candle I can't even see where you actually came in to thread and addressed my post..all you did was start firing a gun at me. What makes yous even reply this way? Why can't you just pass on the thread on if you have nothing to say about the topic instead of provoking the main posters of threads all the time? I find it highly offensive and it says alot about you and whether you come back to this thread to post a response to this reply (which will only prove me right even further). I will not address you again in this thread.

As per my request, thank you for attempting to bring your thread back on topic (at least for one paragraph)... it shows some maturity, but the fact that 2 of your 3 paragraphs are evasive, defensive and deflective is cause for some concern... moreover, I am still unclear as to why you posted your P&L snapshot... would be grateful for some clarification... was it or was it not a form of self-aggrandizement? :D ... anyway, judging from your first paragraph above, you have written the answer to your original query i.e. you have potentially overtraded today relative to your norm... you must now ask yourself what was it about your mental outlook and/or the market today that caused you to potentially overtrade i.e. on recognizing the symptoms, it makes sense to analyze the causes, so that you can avoid a recurrence of such behaviors...

P.S. The fact that I am posting again proves that I don't accept your deflective premise and conjecture about me posting again (your last two lines)... indeed, I find such comments rather infantile and self-defeating...
 
Quote from Harry123:

As for Candle I can't even see where you actually came in to thread and addressed my post..all you did was start firing a gun at me. What makes yous even reply this way? Why can't you just pass on the thread on if you have nothing to say about the topic instead of provoking the main posters of threads all the time?

Apparently, it's his way of making people feel welcome.
 
Quote from candletrader:



As per my request, thank you for attempting to bring your thread back on topic (at least for one paragraph)... it shows some maturity, but the fact that 2 of your 3 paragraphs are evasive, defensive and deflective is cause for some concern... moreover, I am still unclear as to why you posted your P&L snapshot... would be grateful for some clarification... was it or was it not a form of self-aggrandizement? :D ... anyway, judging from your first paragraph above, you have written the answer to your original query i.e. you have potentially overtraded today relative to your norm... you must now ask yourself what was it about your mental outlook and/or the market today that caused you to potentially overtrade i.e. on recognizing the symptoms, it makes sense to analyze the causes, so that you can avoid a recurrence of such behaviors...

Candle since you wanted an answer I felt a reply was in order to be fair, as to whether this is some form of self-aggrandizement I will give you one. It is not. I thought about why you would think it was and I think it has something to do with being up 5K+ for the day. At first I didn't even think about it but I'm guessing to you that 5K must be a large payday. I feel that most traders here probably make this 5K per day many times during the year. In fact I guessing that there are many traders here that have been trading for a long time that would laugh at this number. Once again I didn't realize that I would have to take in the shock value of the positive P&L as it comes to what you consider alot when thinking about the other 18.000 traders here on Elite Trader. So think about it that way Candle ...this is not meant to be offensive so please don't read it that way I'm just answering your question as to whether or not it was self aggrandizement. Once again it never occurred to me think that a 5k up day was a big deal to most traders here.
 
Quote from Harry123:



Candle since you wanted an answer I felt a reply was in order to be fair, as to whether this is some form of self-aggrandizement I will give you one. It is not. I thought about why you would think it was and I think it has something to do with being up 5K+ for the day. At first I didn't even think about it but I'm guessing to you that 5K must be a large payday. I feel that most traders here probably make this 5K per day many times during the year. In fact I guessing that there are many traders here that have been trading for a long time that would laugh at this number. Once again I didn't realize that I would have to take in the shock value of the positive P&L as it comes to what you consider alot when thinking about the other 18.000 traders here on Elite Trader. So think about it that way Candle ...this is not meant to be offensive so please don't read it that way I'm just answering your question as to whether or not it was self aggrandizement. Once again it never occurred to think that a 5k up day was a big deal to most traders here.

I average considerably under $5k a day (but also, in the course of the year, have quite a few home run days of considerably more than $5k), but that's not the point... the point is that, like NihabaAshi, I don't see the point of your P&L being posted in a thread about overtrading... which leads me to my conclusion of potential self-aggrandizement...
 
Quote from Harry123:

I hear ya Candle and I have said your conclusion is wrong.

Once you have clearly explained why you posted that P&L and once you have addressed the various excellent points made by NihabaAshi which I wholeheartedly agree with, then your credibility in the eyes of some will be patched up and we can lay this matter to rest...
 
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