How Overtrading Eats Away Your Capital?
Let me ask you a question:
Are you born on this planet to make your broker happy and wealthy or to become a consistently successful trader?
If you’re doing revenge trading or overtrading, there is nothing to tell except you’re gambling and making the Casino rich. Your broker is the Casino, and you’re the gambler.
Understand: The more you trade more charges and taxes you pay on transactions. Even if you win, you lose because you’ve already made many unsuccessful trades that need to be compensated with your profit.
You win and lose, but the broker always wins. The key to financial market success is witnessing more and reacting less. The more you react harder it will become for you to succeed in the long run.