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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Bilow who wrote (3173)	8/22/1999 3:27:00 PM
From: Dave O.	Read Replies (1) \| Respond to of 18137

< ... the reasons people overtrade. The main reason is that they want to make a killing in the market. This is a form of greed, which is an emotion that traders must avoid. > So true. And most of us were likely guilty of this at times. I ultimately changed my mindset and focused on consistency and a steady flow of profits. I set daily/weekly targets, and if achieved, I go enjoy life a bit more and exit the market for the day/week. So many people seem to force trades trying to make up losses or make more (and more $$$) and we all know the market will be there tomorrow, next week, next year. Why the need for instant gratification for so many? Dave