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Most people in the market have a strong desire to trade. People often forget that the market will exist tomorrow, the day after tomorrow, and even 10, 20, or 50 years from now. They are afraid of missing the following significant change in the market. The fact that the market is cyclical means there will soon be a new chance, so don’t worry too much.

Trading Never Ends

It is essential to understand that trading is a never-ending process and that today’s trading event is not your last chance. Unfortunately, many traders enter the market with a limited attitude and need to see the wide range of open opportunities. The main reason traders fail is that they trade too much, which is like a destructive force that hurts both their trading account and their goals.

Excessive trading is when someone buys and sells more financial positions than they need to achieve their business goals. This behavior can lead to higher trading costs, lower profits, and increased danger. As a forex expert, if you want to be successful in the market in the long run, it is essential to trade under control and make only a few trades.

Many Traders Need to Correct This

Over-buying is a common mistake that traders who make a lot of trades make. If someone needs to be more focused on the financial markets and their businesses, it is a sign of over-trading or a situation where over-trading is about to happen. Multiple trades simultaneously can mean you are over-trading unless you have carefully allocated the entire 1R risk across all businesses.

There are many examples of people trading too much. But the fundamental truth is that you can tell you are changing too much if you are having trouble sleeping and losing money.

You Need to Make More Moves to Maintain Your Investment Advantage

You should know that the frequency of trading directly affects how strong your trading advantage is. The lower your trading advantage, the more trades you make. Gaining a trading advantage is one of the most important things you can do to improve your chances of success in the forex market. But it’s important to understand that high probability trading signs only happen sometimes, no matter how strong your advantage is, whether weekly, monthly, or yearly.

When a trader goes against their established trading advantage and makes trades that are not up to standard, their chances of success are reduced. You need to monitor your trading advantage to maintain its effectiveness to the point where it cannot be distinguished from good luck or even worse results.

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Spreads and Commissions Can Significantly Impact How Much Money You Make

It can be assumed that casinos make large profits from several different sources. Frequency. Because gambling events are frequent, running them will always work in their favor. It is a well-known fact that the house always wins regarding the odds. In forex trading, the broker acts as the house and always comes out as a winner because there are so many traders, and many of them trade too much. Thus, the only real benefit to the individual trader or investment is to make fewer trades.

When It Comes to the Forex Market, More Volume Usually Leads to Better Results

As with many activities, trading is one of those activities where getting too carried away, or overthinking can seriously damage success. Your brain’s neural pathways make you more prone to addiction to anything. Drugs, sugar, video games, gambling, exposure to blue light from electronic devices, and trading are all in common. They all can cause very dangerous addictions.

The human mind is designed to create relationships, which helped our ancestors survive when they were foragers and hunters. But in today’s world, where many harmful activities exist, this propensity can be detrimental and even deadly.

One of the most common mistakes that novice traders make is that they trade too much. This can lead to many losses and generally reduce a trader’s chances of success. To avoid changing too much, you need to have a good trading plan and stick to it. In addition, traders should focus on making good trades rather than making a large number of businesses and only making trades that meet their set standards. By following these rules, traders can avoid the problems of buying too much and increase their chances of success in the forex market.

How Many Trades Should I Make?

We recommend trading at most 10-12 trades per month and preferably even less. To be successful in the forex market, you should have a well-structured trading plan with strict rules. Think of it this way: part of your trading strategy is already defined, but within that defined plan, there is room for variation, such as choosing the amount of risk, the starting point, and where to place the stop-loss. When it comes to how often you trade, you should set a limit, such as “I won’t make more than ten trades a month” or “I won’t make more than five trades a month.” According to experts, it is best to trade 5-7 times a month at most. In the world of forex trading, if you sell more than ten times a month, you should be careful because it can be a sign that you tend to trade too much.

The Smart Move in the Forex Market Is to Use a “Set It and Forget It” Plan

Overtrading is a common mistake that traders often make because they need to wait longer for their trades to finish before jumping into new ones. It is important to remember that successful businesses take a long time to come to fruition. To take advantage of significant changes in the market, you have to be patient, which means dealing only a little. When making deals, it is essential to find a “set it and forget it” method and stick to it. Using this method, you can increase your chances of making significant gains and reduce the risk of overtrading and making deals on the spur of the moment.

It is best to only trade in markets that move clearly in one way and are backed by technical signs.

Traders often need to correct the mistake of trading when the market is unpredictable, which leads to lousy trade results and the desire to start more trades. At that point, the search for dopamine is in full swing. When you trade often, you can put your capital at risk in a big way. Focusing on markets with clear and robust trends can make you less likely to change too much.


Traders should be careful and wise in their trading actions, given the current state of the market and the economic factors in place. Keeping a close eye on the price movement and any events that could move the market is essential. For success in the forex market, handling risks well and sticking to a well-thought-out trade plan are always important.

When you trade, you must face the harsh truth that the market only offers a few good price moves with a high chance of success every week, month, or year. It makes sense that the number of times you trade is negatively related to how strong your trading edge is. Even though there is proof to the contrary, many traders continue to overtrade every week, which leads to bad financial results.

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Nathan Boardman

By Nathan Boardman

Nathan Boardman, acclaimed Forex trader and author, specializes in market analysis, strategy development, and risk management. His insightful articles, published in Forex Profiles, empower readers to navigate the currency market successfully.

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