Imamul posted:What is revenge trading?
Revenge trading is the foremost symptom of emotions which is mainly considered the reason for losing in Forex. We have to control this common human nature by proper trading discipline. But cannot remove completely at all.
Revenge trading is when your emotions start guiding your trading such as when you've experienced a number of losses and you're angry. Then you decide you're going to suddenly win it all back with yet another trade that you shouldn't be opening, and say for example you make this new trade an absurd size so you can instantly win back all your losses. The reality is that you are probably going to blow the account out because you aren't trading using a realistic strategy.
Emotional control, risk management, and automation when possible will help discourage revenge trading.
If it looks too good to be true, it's probably a scam! Let the buyer beware.