T Turveyd Mar 8, 2017 #23 Buy1Sell2 said: Overtrading-- More... Overtrading would only count if you lose the plot and start trading badly, tired, stressed, not based on the number of trades made. If profit end of day >0 then thats all that counts.
Buy1Sell2 said: Overtrading-- More... Overtrading would only count if you lose the plot and start trading badly, tired, stressed, not based on the number of trades made. If profit end of day >0 then thats all that counts.
S southall Mar 8, 2017 #24 Turveyd said: Overtrading would only count if you lose the plot and start trading badly, tired, stressed, not based on the number of trades made. If profit end of day >0 then thats all that counts. More... The definition of over trading is: Trading too large a size and/or too often. Both will incur transaction costs eg commissions. Giving your broker $100 a day on a $10,000 account is insane. The only difference is if the OP has another $90K in reserve and is effectively trading a $100K account. Otherwise i hope the OP is just paper trading here.
Turveyd said: Overtrading would only count if you lose the plot and start trading badly, tired, stressed, not based on the number of trades made. If profit end of day >0 then thats all that counts. More... The definition of over trading is: Trading too large a size and/or too often. Both will incur transaction costs eg commissions. Giving your broker $100 a day on a $10,000 account is insane. The only difference is if the OP has another $90K in reserve and is effectively trading a $100K account. Otherwise i hope the OP is just paper trading here.
T Turveyd Mar 8, 2017 #26 Upto Trade 7 thats +$644 despite some rough trades -1463 ouch!! Nearly 15% is a tad excessive to lose on 1 position, but hey if it works for you!! Keep posting pls!!
Upto Trade 7 thats +$644 despite some rough trades -1463 ouch!! Nearly 15% is a tad excessive to lose on 1 position, but hey if it works for you!! Keep posting pls!!
TheTrue1 Mar 8, 2017 #27 TRADE 8 CLOSED. +602 Attachments textgram_1489027860-1.png 45.9 KB · Views: 326
TheTrue1 Mar 9, 2017 #29 TRADE 9 CLOSED. +882 Attachments Screenshot_2017-03-09-07-28-53.png 82.8 KB · Views: 341
TheTrue1 Mar 9, 2017 #30 TRADE 10 Attachments Screenshot_2017-03-09-09-00-49.png 102.9 KB · Views: 38