Too many entry will kill you.

[forexpips]

yes many entry or lot become loss so buy or sell in limit if you buy sell many lot then your equity become small and when market go small up and down then you going for a loss so use only one or maximum 2 lot use for trading if you are get only profit then make a management and then trade

[anubhavsingh]

aapne ye baat bilkul sahi kahi hai mere saath bhi ek baar aisa hua tha main lalch mein aa kar ek pair par big lot laga di thi aur us deal mein mera sara balance khatam hote hote bach gaya mera balance khatam hi hone wala tha ki itne mein market mein kafi achchi movement aa gayi aur jayda lose se bach gaya

me bhi shuru ke dino me yahi galti kiya karta tha aur apne money management ke against jake bahut sari deals ek sath khol diya karta tha
issi wajah sem ujhe margin call tak lag jati thi lekin fir mujeh ye sab cheeze samjh me aane lagi aur money management se maine seekha ki har trader ko apne account balance ke hisab se hi deals kholni chahaiye

[drdeepakji]

hi, i just want to share my opinion ....
too many entry will kill you ....
how many entry / day is suitable for you ??
i ussually takes maximum 3 entry ...... when i set 3rd entry i must stop
whatever i profit of loss ....
just say, i just entry when i really sure the market is on direction what i think ...
but when i entry, and the direction is wrong, i'll cut the loss .. and wait for another chance
3 entry maximum is good .. to train your to stabilize your performance

multiple enteries in one pair is fine ..but with different pairs can cause confusion ..more of if some are going against you it can make you anxious and you become more prone to take decisions in rush that is not a good way to deal in the forex market..i think its better to go for few pairs at a time..for say two or max three pairs..

[naik]

Opening too many trades or entries as the thread starter called it is a very good thing and a bad thing as well. If a trader can handle many trades, then it is possible that they can open many trades. This also applies vice versa.

[Novice]

Yea, Too many entries can not be good. If all entries are profitable, But it will hamper your mind and mentality. One should enter his/her maximum entries in a day 3 or 4. No more is perfect for standard trader at all !!!

[indianforex]

hi, i just want to share my opinion ....
too many entry will kill you ....
how many entry / day is suitable for you ??
i ussually takes maximum 3 entry ...... when i set 3rd entry i must stop
whatever i profit of loss ....
just say, i just entry when i really sure the market is on direction what i think ...
but when i entry, and the direction is wrong, i'll cut the loss .. and wait for another chance
3 entry maximum is good .. to train your to stabilize your performance

yes bro i agree with you.over trading may destroy a good trader.dont do like that.analyse well and try to do single trade at a time with high lots.it is better to do with multiple trade.complete the single trade and then open the another trade

[fxquest]

Yes, we should avoid over trading. I usually open only one position in a day with target and leave from the platform. If the deal will float on negative on next day also, then i may increase the take profit for the target of that day. What do you think about this. If you open many position, you got some distraction and may also greedy will occurs on your trade. Be aware of this.

Of course overtrading may put the account at risk, and by opening so many trades we make it difficult to manage our account, also when there are so man trades open they consume most of margin and brings the margin call nearer.

[venkiaries61]

Yes, we should avoid over trading. I usually open only one position in a day with target and leave from the platform. If the deal will float on negative on next day also, then i may increase the take profit for the target of that day. What do you think about this. If you open many position, you got some distraction and may also greedy will occurs on your trade. Be aware of this.

[kulonikilaregunung]

we do not get greedy, because greed will destroy your account, I think the profit of 5% per day is realistic. Next we tried to generate profits consistently.Making a 5% daily profit sounds very good, and while for others it seems to be too small for others might be like a dream. Technical analysis might be a good way to make this possible, but you would have to be very good at it and also you would need a good capital. i don't think you could achieve a 5% daily profit with a small amount of money invested

[metroearn]

Aap daily kitni entries kar sakty hain yeh depend karta hai aap ky capital of trading skills per. Aap apna target set Karin keh aap ny daily kitny dollar earn karny hain yan loss karny hain. Aap ka target achieve hona zaroori hai entries jitni bhi ho jain no problem.

sab depend karta market condition k upar. lekin bohoot jayada order active karna bilkul galat hai. iss ma loss hone ka chance bohoot hai. jayada order means jayda risk.