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Revenge trading
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Member Since Aug 09, 2017 393 posts
Imamul
Oct 18 at 10:57
revenge trading always make huge loss. You have to follow a trading plan or system with discipline, otherwise you aren’t allowing your edge to work for you. Without this then any form of trading in this regard is simply gambling. Since it can’t be reproduced reliability.
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Member Since Dec 10, 2018 28 posts
Timothe Bouchard (ratou11)
Nov 09 at 20:10
Imamul posted:
revenge trading always make huge loss. You have to follow a trading plan or system with discipline, otherwise you aren’t allowing your edge to work for you. Without this then any form of trading in this regard is simply gambling. Since it can’t be reproduced reliability. Exactly. Even if your 'revenge trades' work once, twice or even more, it's just a sign that your overall strategy is not working at all and that it will eventually go bust. |
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Member Since Mar 03, 2019 50 posts
steveday1976
Nov 10 at 09:37
not a good idea, need to accept that losses are part of trading.
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Member Since Feb 22, 2011 4513 posts
vontogr (togr)
Nov 11 at 08:13
Trading should be alway performed according to trading plan. I doubt any trading plan contains section Revenge:)
On the other hand we are human being so I understand very well the need to do the revenge. I did it too once :) I like what I trade, I trade what I like |
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Member Since Oct 19, 2019 15 posts
Johny_tr
Nov 12 at 10:32
togr posted:
Trading should be alway performed according to trading plan. I doubt any trading plan contains section Revenge:) On the other hand we are human being so I understand very well the need to do the revenge. I did it too once :) Can relate well to you, no matter how much we stop ourselves from doing that type of things, this field is only such, one ends up taking revenge :) But yes, I make sure I avoid it most of the times. |
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Member Since Jan 03, 2018 133 posts
nick3232
Nov 12 at 14:06
this is why i prefer automated trading
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Member Since Jul 12, 2018 19 posts
Elanbani
Nov 13 at 09:39
(edited Nov 13 at 09:39 )
togr posted:
Trading should be alway performed according to trading plan. I doubt any trading plan contains section Revenge:) On the other hand we are human being so I understand very well the need to do the revenge. I did it too once :) I think almost every trader would have done revenge trading at least once in his/her trading career. |
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Member Since Oct 24, 2019 43 posts
Baazex
Nov 14 at 13:09
Keeping emotions in control is a must
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Member Since Nov 06, 2019 20 posts
ForexViking69 (ForexViking69)
Nov 14 at 13:51
I used to think revenge was a dish best served cold... then I learned it meant getting back at somebody...
Winning... |
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Member Since Oct 21, 2019 10 posts
jonny99
Nov 15 at 10:00
Yeah right! I try to stay away from it too. It just worsens the scenario.
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