Friction accumulates

Spreads, slippage, commissions, taxes, and poor fills compound as trade frequency rises. Small costs can overwhelm a marginal edge.

More damaging is decision fatigue: repeated exposure to fast outcomes can erode selectivity.

Measure opportunity quality

Track trades by setup quality, not only by profit or loss. A profitable low-quality trade can reinforce behavior that later becomes expensive.

The objective is not maximum participation. It is maximum discipline per unit of risk.

Field-note disclaimer

This article is educational and informational. It does not provide financial, investment, tax, legal, or trading advice.