Trading Less Can Mean You Make More Money #TradeSmart

Less trading can equal more profits. If you’re trading a lot, you might actually incur a lot of fees or commissions, especially if you’re dealing with options. With stocks, there may be fewer commissions, but frequent trading can create positions that are more complicated and harder to manage.

When positions become more difficult to handle, they can start to spiral, becoming harder to control and reducing profitability. By keeping your positions simple or smaller and trading less, practicing patience, you can actually see bigger profits.

Try to be a bit more patient with your trades, sitting tight on those positions for better results.

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