Comment on article # 01

I've been at about 4 years invovled in trading, both FOREX and Future, but not until I read one of Joe Ross (www.tradingeducators.com) article entitled "Don’t Overtrade!" (you can read it a  complete article at www.tradejuice.com), then it comes to my senses that I'm not a mature trader yet..
At that point I realized that I too have been over trading, as matter of my trade frequency, while all this time I thought that over trade means that we use our equity more than it should be, not how often we use it.
Here is his advice which I quote from his article and I think it could be useful:
"The total commitment you make on any entry should be relative to a reasonable expectation of the profit potential for that trade. Each trade is different and must be weighed on its merits.
How do you know how many contracts to trade? Certainly you are in a pickle if you always have to trade in single lots. That is not to say that there are never times when a single lot is the right thing to do. It’s okay when you’re scalping , or trading options . However, wherever possible try to trade a least two contracts. You need one to cover costs, and the other to give you a profit.
If it's late in the day and you are a daytrader who normally does a five lot, perhaps you should use a smaller size due to the fact that the trade hasn't as much time to develop as one made earlier in the day."

Happy Trading