“I tend to start seeing patterns and trading way too often…”

Feedback in:

[My biggest challenge] As a discretionary trader, I would say over-trading. I tend to start seeing patterns and trading way too often and not in line with directional bias or trends. I actually started as a systematic trader and did extremely well.

Ben

You need:

• Exact rules for selecting your tracking portfolio.
• Exact rules for entering your trades at the right time.
• Exact rules for exiting your trades with a loss.
• Exact rules for exiting your trades with a profit.
• Exact rules for how much money to bet on each trade.

Don’t have that? Trouble.

Filed under Trend Following