Avoiding over trading - VERY KEY POST

The key is to WAIT for the right setups to occur at IMPORTANT technical levels/inflection points and then REACT by making CALCULATED risk/reward trades AFTER price confirmation.  You don't just go and place trades all over the place whenever you get a signal/pattern. You have to think in terms of WHERE price is in the broader context/longer timeframe. You aren't the only one making trades in this stock. The highest probability plays that SUCCESSFUL traders make is at places that offer the BEST risk/reward opportunities. That's where key inflection points come in at MAJOR prior resistances/supports, avg daily range. That's where the MAJOR moves occur, and that's where you NEED to be in at. Not the chops and  bread scrums that occur in the middle. You can be making 100 trades in between, making small money, but paying a high % of commissions per profit made. THAT'S HOW PEOPLE GET CHOPPED UP if things go badly. You don't want that.  THINK ABOUT IT.