how many trades is too much? is it only too much when you start losing?
It depends on your trading type! Normally, scalpers need to open more trade’s than long term traders!
Initially, don’t open more than one trade when you have a running trade position! And focus on the quality than quntity!
That depends. How much is too much. If you’re trading the daily, 2 may be too much. It all comes down to your strategy. Make your rules, follow your rules, and backtest your rules. Do this, and you can’t trade too much.
How about starting with 1 trade a week and then see what your limit is?
What time frame are you working?
Hmmm. I think it depends per person. As long as you can still properly manage your open trades all together, you have a reliable system in place, and you have the time and emotional stability to watch over all of those charts. Personally, I do one or two trades every few days or so.
W1, D1 and H4 acting as higher timeframe for bias. Mn I also watch time to time though.
H1, M15 and M5 for refinements.
I think if you open more than you can manage, then it’s counted as too much. As long as you can manage, there will be minimum loss. It’s better to have a plan so you know how to move.
Simple: If you trade more than you can handle, then it’s too much.
These thoughts come when you are on a losing spree. When you are winning, you’d be like, let’s trade more and win more. It’s all about the mindset.