Second step in day trading like a pro
Very often, traders will trade during the London session, the New York session and the Asian session. It is common to miss a good night sleep, and to trade without pause. The main issue in this case is the over trading. For every trade, traders must pay their due to their brokers in the form of commissions. It is important to control the number of trades that you are taking to avoid paying too much in commissions. In order to avoid taking useless trades for the pleasure of being in a trade, traders should always ask this question: is it worthy being in this trade? The expected reward must exceed at least twice the risk. The risk-reward ratio must always be considered before entering the trade.
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