Aloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.
Signs of forcing a trade:
- cycling through your products 3 times when you go over that, it;s a red flag that you are trying to force your plan to fit current market conditions.
- Hoping that a trade will workout.
- “I gotta get into this move”
- Not focused. Scattered. Mentally preoccupied with other tasks
Tips/Advice/to avoid forcing: How do I stop overtrading?
- REVIEW your plan - double check that the market is displaying your criteria for entry, not adjusting your criteria to current market conditions.
- TRUST in your plan that when the opportunity presents itself it will be effortless, and very obvious to you. (this is where know your plan is important)
- Take a step back from the markets. Let it be. It will be there when you return with a fresh and clear mind. Remember your routines of what to do so you can get back into the zone (discussed in last weeks topic tuesday)
- Accountability partner. (comunity - HTA!)
- Keep risk management in mind. Know when to play offense or defense. Lift off the gas when you have to protect your capital. Over time you will know what to press your bets.
- BECOME AWARE of your thoughts and actions when the market is in between revealing a entry signal for your plan.
Our mission: Cultivate & sustain profitable traders.
Our ethos: Be honest and transparent as we build our content off of what we consider three pillars of successful trading: Risk Management, Edge, and Psychology.
We aim to provide you a solid foundation, continuing education, and a resilient community of like-minded individuals after becoming profitable or funded.
For more information about Trading Education in Hawaii, visit some links below:
Network: https://hawai-i-trading-academy.mn.co
Website: https://bit.ly/HawaiiTrading
Podcast: https://spoti.fi/3wfbqF7
Youtube: https://bit.ly/HTAtube
Instagram: https://bit.ly/HTAig
Facebook: https://bit.ly/HTAface
Twitter: https://bit.ly/HTAtweet
Mahalo for listening.
Safe Trading & Stay Blessed!