Simple Trading Strategy: Avoiding Overtrading When Trading Remotely – Inspired by Humbled Trader
If you’ve ever explored YouTube for real-world trading lessons, you’ve probably come across the vibrant and insightful Humbled Trader channel, led by an experienced and down-to-earth trader who’s known for breaking trading myths and sharing practical, actionable advice. This article draws inspiration from her Bali trading vlog, revealing a core problem beginner traders repeatedly face—overtrading, especially when freedom and remote work blur the boundaries between work and life. We’ll show you a straightforward solution to help you master a simple trading strategy and regain clarity, confidence, and consistency, no matter where in the world you’re trading from.
The Problem: Overtrading When You Can Trade Anywhere
Modern trading has opened doors—literally. The ability to log into your brokerage account from anywhere in the world, from a bustling café in Bali to your own living room, is a dream for many. But this mobility brings a hidden pitfall for beginners: overtrading.
In the featured video, Humbled Trader highlights how trading in an exotic location can unintentionally encourage traders to take more trades than necessary, simply because the opportunity is always there. As she shares:
“One of the many benefits of being a trader is the ability to make money from anywhere in the world. As traders, we’re making money in our pajamas from any city… long before work from home became popular.”
But with this constant access, many new traders feel the pressure to be in the market all the time—if you can trade, why not just keep trading? This leads to rushed decisions, ignoring criteria, and ultimately, costly mistakes.
Why This Happens: The Mindset Behind Overtrading
Overtrading stems from a blend of excitement, fear of missing out (FOMO), and the illusion that more trades equal more profits. When coupled with the physical and mental freedom of remote work, the temptation becomes even stronger. Many beginners, surrounded by palm trees instead of office walls, experience:
- Impatience: Wanting to make the most of every session or opportunity.
- Lack of structure: Flexible routines can lead to unplanned trades.
- Performance pressure: Feeling like you need to prove trading “works” when you’re in an exciting new environment or sharing results publicly.
If you find yourself opening positions just to “do something,” or chasing small moves out of boredom, you’re not alone. Most traders battle these urges at some point.
The Simplified Solution: A Three-Step Simple Trading Strategy
The fix isn’t complicated—it’s about creating personal boundaries and following a simple trading strategy that protects you from the siren call of endless market activity. Here’s how you can put it into practice:
- Set a Daily Trade Limit: Decide in advance the maximum number of trades you’ll take, win or lose. For most beginners, this could be 1–3 quality trades per day.
- Define Your Setup – and Stick to It: Write down your entry criteria. Only enter trades if they match your best pattern or strategy—no exceptions, even if you’re sitting on a beach!
- Schedule Breaks: When you’re traveling or working remotely, disconnect after your session. Reward yourself with time away from screens—this keeps your mind sharp and prevents compulsive trading.
Think of trading like fishing in clear waters: casting your line only when you see promising signs, not just because you can. The fewer, higher-quality casts catch the best fish.
“Come with me and spend one week of trading and living in Bali.”
Humbled Trader shows that the experience is richer when you balance your work with the world around you—letting you enjoy both profits and the journey.
Example Scenario: How This Works in Real Life
Imagine you’re settled in a co-working space in Bali, laptop and coconut in hand. You open your charts and spot a clear double bottom forming on EUR/USD—a setup you’ve rehearsed dozens of times.
- You wait for confirmation—a strong bullish engulfing candle.
- You take your trade, respecting your risk parameters.
- After the trade plays out, you’re tempted to jump into the next random setup, just because “you’re here to trade.”
Instead, you remind yourself of your plan: one to three solid trades per day is your limit. You review your checklist, see nothing else fits, and close your trading platform to go explore Bali.
By following this routine, you keep your trading simple and focused—and your performance consistent.
Beginner Tip or Golden Rule: Quality Over Quantity
Limit your trades, not your opportunities. Great setups don’t happen every minute, and trading less often but with more conviction is the true secret to long-term growth. Remember: “The market will always be there tomorrow.”
Make it a habit to journal your reasons for each trade you consider. If your reason doesn’t fit your written strategy, skip the trade—no matter how exciting your location might be.
Discover More with Traderfriends
Ready to level up your trading journey? Visit Traderfriends for beginner-friendly support, real trading education, and hands-on introductions to strategies like the Heikin Ketsui strategy. Join a like-minded community where you can learn, share, and grow your trading career—wherever you are in the world.
Remember, real trading freedom isn’t about taking more trades, it’s about making the right trades—giving you both successful results and the lifestyle you dream about.
Meta Description: Discover how to avoid the common trading mistake of overtrading while using a simple trading strategy, inspired by Humbled Trader’s experience trading from Bali.
Tags: forex, beginner trading, price action
