I made some comments on avoiding overtrade earlier this week. I had this thought, but did not put it on a piece of paper, and did not sum up a guideline. Now Alan Farley, the commentator at the Street.com, seemed to have heard my calling and wrote an excellent article on this subject. Since some readers don't have the subscriptions of the paid website, I will just post his points that I totally agree on. The only thing I omit is Talk to your spouse, which I don't see any benefit out of it. For the detail, please go to http://www.thestreet.com/p/rmoney/theswingshift/10245009_2.html
1. Create a trading diary
2. Review the environment
3. Study the charts
4. Don't try to get even
5. Walk away
6. Study your winners
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