Dealing with the Desire to Overtrade

Question

How can I manage the urge to overtrade and maintain discipline in my trading strategy?

Answer 1

Managing the urge to overtrade is largely psychological. It's important to recognize that wanting success badly won't make it happen faster. You need to step outside of yourself and realize that no matter how much you want it, success may not come immediately. It's about showing up every day, working on your strategies and psychology, and understanding that progress takes time. Being break-even on some days is a good outcome, and it's essential to be content with gradual progress.