In trading, more trades do not always mean more profit. The quality of trades in trading is a more important factor in achieving profit than their number. Non-systemic trades caused by boredom, impatience, or the desire for big wins will not accelerate the development of a trader's skills.
Trying to predict every move in the market and making many trades can lead to undisciplined practice that does no good, and may even be harmful. Indiscriminate activity and an excessive amount of trading lead to an increase in transaction costs such as commissions and spreads, which will also lead to a decrease in overall profit.
Therefore, focus on the quality of transactions. Conduct a thorough market analysis, taking into account fundamental and technical factors, apply risk management strategies and set clear rules for entering and exiting positions. Wait for the best moment to enter the market, even if it means making fewer trades.
This disciplined practice helps to avoid impulsive decisions and emotional reactions that can lead to unprofitable trades. It also contributes to the gradual development of the trader's skills and allows you to draw useful lessons from trades both profitable and especially unprofitable.
Remember that trading requires patience, discipline and constant skill development. A reasonable combination of quantity and quality of trades, based on careful analysis and strategy, will help you achieve the desired results and increase the likelihood of trading success.
Let's summarize:
- Do not look for a deal around the clock;
- If it's not there, don't try to find it:
- Do analysis, set alerts and wait;
- In your free time, do backtests and engage in self-development;
- Do not give in to emotions, keep your head cold;
- If you see a setup, come in;
- Do not try to add a fixed % to your deposit per month;
- Do not fly into everything if you are not sure about the setup and pulled it "by the ears". In general #trading