[KPcurrency]

I am of the belief that a trader should strive to Under-trade in both size and frequency.

Many (day)traders make a lot of trades, targeting smaller profits. This means they need to be correct more often. Therein lies the struggle- high wins rates do not in themselves make money(although they are easier on the psyche). Larger wins on one's wins than the corresponding losses on one's losers is what makes money. Being right and sitting tight that's where the money is.

**If you're making more than 3 trades in a day, you are trading too much.

**Not being in the market IS a trading decision.

**Learn to be comfortable being IN the market.