Why is it so hard to be inactive in trading
An insightful post from Dave Kelly asks the question, *"Why is it
so hard to be inactive*?" in markets. Many a trader I've known has
traded very well and profitably, only to see those profits vanish
through unnecessary trading. They have trouble with patience, with the
not-trading that is every bit as important to success as the trading of
one's edges in markets.
But just as nature
abhors a vacuum, people dislike boredom and non-activity. There is
always movement in markets and, out of a dislike of inactivity, it's
easy to latch onto movement as a reason to trade. That is why truly
patient traders get away from their screens. You can't feed the slot
machine if you step off the casino floor.
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