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Revenge trading
Nov 30, 2020 at 07:29
Member Since Jul 19, 2020
751 posts
Revenge trading is for the most part determined by the dread of being off-base. It's typically when a trader, originating from an especially baffling misfortune, chooses to compensate for it by being more forceful in his/her next trades. It's the worst thing one trader can do. If you loss any trade, before opening any more trades make yourself relaxed.
Member Since Aug 17, 2020
123 posts
Nov 30, 2020 at 09:16
Member Since Aug 17, 2020
123 posts
Definitely. If you lose a trade, it's important to cool your head before you make any new decisions. Meditate, or go for a run, do whatever you have to in order to get rid of the frustration and move on. It gets better with time, once you learn to trust your long-term profitability.
Member Since Feb 12, 2020
17 posts
Dec 10, 2020 at 11:55
Member Since Feb 12, 2020
17 posts
If you close the trade with a minus, there is nothing wrong with that. This is part of your job. This happens very often. The main thing is to close negative trades in accordance with your system. And accordingly, open new ones without risking. And after waiting for a good entry point.
Dec 13, 2020 at 10:22
Member Since Jul 19, 2020
298 posts
Spend your time on learning. Running for ready-made strategies is not learning. Spend time on MT4 or trading terminals. Learn how to read the market. Study books not just some pages on internet or ebook. Read about successful traders. Learn how psychology works in trading. That's all.
Member Since Jul 20, 2020
298 posts
Dec 14, 2020 at 02:14
Member Since Jul 20, 2020
298 posts
Dariusz54t454 posted:Yes, you are right. Every trader should trade according to discipline.
If you close the trade with a minus, there is nothing wrong with that. This is part of your job. This happens very often. The main thing is to close negative trades in accordance with your system. And accordingly, open new ones without risking. And after waiting for a good entry point.
Jan 13, 2021 at 11:56
Member Since Feb 13, 2017
251 posts
UweMoench posted:A trader must control his/her nerves, This is not a race ring
Revenge trading is for the most part determined by the dread of being off-base. It's typically when a trader, originating from an especially baffling misfortune, chooses to compensate for it by being more forceful in his/her next trades. It's the worst thing one trader can do. If you loss any trade, before opening any more trades make yourself relaxed.
Member Since Jul 23, 2020
869 posts
Member Since Jan 13, 2021
52 posts
Dec 04, 2021 at 20:29
Member Since Oct 22, 2020
12 posts
In my opinion, revenge trading is something that traders shoulbe afraid of, because it always leads to unpleasant consequences. Of course, you can give particular sums of money back, nevertheless it won't be a long-lasting situation. Finally, you will lose them and even more, trying to give something back. If you lost particular sum of money, then you have to take into consideration all your mistakes and make conclusions.
Never try to get back something that you lost, because nobody earned money by this scheme. Everybody lost even more.
Never try to get back something that you lost, because nobody earned money by this scheme. Everybody lost even more.
Dec 04, 2021 at 22:36
Member Since Mar 24, 2020
98 posts
Revenge Trading.
If you have a strategy which means discipline and you lose a couple of trades --------------so-------two lose trades = 1-2% OF your trading account
WTF
If your strategy gives your edge wins v losers in your favour.
And you react with REVENGE TRADING
your NOT prepared for Trading Live.
(get back on the Demo)
If you have a strategy which means discipline and you lose a couple of trades --------------so-------two lose trades = 1-2% OF your trading account
WTF
If your strategy gives your edge wins v losers in your favour.
And you react with REVENGE TRADING
your NOT prepared for Trading Live.
(get back on the Demo)
Not Specified
Dec 05, 2021 at 07:29
Member Since Dec 09, 2013
139 posts
UweMoench posted:Traders must not even think about taking a revenge against the market. The market itself is a very big thing. If we want to play against it, it will play against harder and beat us mercilessly. When we make a loss, we must take it as a part of business. We may analyze and try to find out our mistakes later. Nevertheless, we should never take the next entry to cover up the previous loss, but take the next entry according to our strategy.
Revenge trading is for the most part determined by the dread of being off-base. It's typically when a trader, originating from an especially baffling misfortune, chooses to compensate for it by being more forceful in his/her next trades. It's the worst thing one trader can do. If you loss any trade, before opening any more trades make yourself relaxed.
Dec 05, 2021 at 23:41
Member Since Mar 24, 2020
98 posts
Im just scouting around for any breaking news , before bed, to be up and ready for the UK open.
So up at say 6.30 am UK time just to read all news and prep. ready to trade Spot.
Then i look at the drivel being posted above and the rest.
Does anyone know how reply to a message.?
So up at say 6.30 am UK time just to read all news and prep. ready to trade Spot.
Then i look at the drivel being posted above and the rest.
Does anyone know how reply to a message.?
Not Specified
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