05/03/2026
I've dealt with these problems for 5+ years
1. Over trading
2. Revenge Trading
3. FOMO Trading
Here's how I removed ALL of them in a few weeks with 4 steps:
The first key to stop overtrading is establishing a set of rules
Create a set of rules so you know when you SHOULD stop over-trading
It can be based on $ gain/loss or just the amount of trades taken
Either way, there needs to be a written list you can follow
The second key is having a hobby.
Something you can do once you've stopped trading
It could be...
-Working out
-Doing chores
-Talking to a friend
-Writing
As long as you have SOMETHING you can do everyday after trading
It should help you out
I would also suggest getting a trading buddy
A trading buddy is simply another trader (or non-trader) that you can talk to throughout the trading day
Not to talk about trades, but more as a mental coach
Lastly, I would recommend turning off the screens.
Like literally shutting your computer/monitor off and walking away
You need to PHYSICALLY set yourself apart from the trading scene
Doing this will allow your brain to think about doing something else, rather than trading
To summarize:
1. Have a set of trading rules
2. Have a hobby
3. Find a trading buddy
4. Physically constrain yourself