There is no way to take revenge

Mar 10, 2021 at 06:42
1,846 Views
36 Replies
Member Since Jul 19, 2020   751 posts
Mar 10, 2021 at 06:42
There is no way to take revenge on market. Forex market is not so easy to understand but one can easily adapted to the market by applying good skill and knowledge. If the traders want to take revenge over market, they surely face problem and it is not feature of a good trader.
Member Since Sep 12, 2017   238 posts
Mar 10, 2021 at 07:41
revenge against what? against the market movement? hahaha..yes there is no way you can take revenge with the market.win or lose just focus on the next.
Member Since Nov 06, 2018   83 posts
Mar 16, 2021 at 14:30
The market doesn't care about you and if you have revenge. Stick with the plan and over time you will be profitable.
Member Since Jul 23, 2020   869 posts
Mar 16, 2021 at 17:27
marioharmon posted:
No matter how hard you try, you might not always be able to understand the market completely. You will get better with time.
That’s why trading plan is important to make consistent profit. Never jump into the market without a plan.
Member Since Sep 07, 2020   72 posts
Mar 17, 2021 at 07:39
Revenge trading is never a solution, if you make the losses, it is a good process to step back and take time to recuperate and come back with fresh mind.
Member Since Jan 01, 2021   12 posts
Apr 03, 2021 at 09:55
Why do you want to take revenge against the market in the first place? I don’t see how that works out.
Member Since Apr 03, 2021   12 posts
Apr 23, 2021 at 10:39
People trade in the forex market to make money and not go after revenge.
Member Since Mar 28, 2021   617 posts
Apr 23, 2021 at 11:04
Most traders in the forex market takes revenge trades. Specially those who are not well disciplined. But revenge trade is one of the reasons people lose money in the forex market. People get desperate to recover the loss.
Member Since Mar 16, 2021   477 posts
Apr 23, 2021 at 11:22
Forex trading is not my friend or relative. It is impossible to take revenge for any loss. I have to make a profit by creating a positive mindset from flexible with the market.
Member Since Mar 17, 2021   536 posts
Apr 23, 2021 at 11:27
radioactive posted:
Revenge trading is never a solution, if you make the losses, it is a good process to step back and take time to recuperate and come back with fresh mind.
Yes. Never try to do revenge trading.
Member Since Aug 11, 2017   886 posts
Apr 24, 2021 at 08:30
when we try to take revenge from this market place we always do over trading , and its a biggest mistake for losing money from this trading place , as a new Forex trader i have done this mistake so many times.
Member Since Dec 28, 2020   187 posts
May 21, 2021 at 08:46
LukeRachel posted:
Forex trading is not my friend or relative. It is impossible to take revenge for any loss. I have to make a profit by creating a positive mindset from flexible with the market.
Exactly the market is not your relative or friend to whom you can take revenge, it will end losing your money only.
Member Since Sep 12, 2017   238 posts
May 21, 2021 at 09:31
market is not the ex with whom we can think if taking revenge. Just be more cautious towards your strategies
Member Since Jan 26, 2013   73 posts
May 21, 2021 at 13:09
The market doesn't care if you made alot of money or lose a shit ton of money. I've learned after years of losing money that you can't fight against the market's current, but swim with it.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Member Since Mar 16, 2021   477 posts
May 22, 2021 at 01:03
Sarjohn posted:
LukeRachel posted:
Forex trading is not my friend or relative. It is impossible to take revenge for any loss. I have to make a profit by creating a positive mindset from flexible with the market.
Exactly the market is not your relative or friend to whom you can take revenge, it will end losing your money only.
Thank you so much for agreeing with me. It is not possible to work with a negative mindset in the Forex market.
Member Since Jul 19, 2020   788 posts
May 22, 2021 at 15:25
Forex trading involves trading with a positive mindset. If I ever think that my mindset is having problems I refrain from trading that day. Because revenge trade is harmful to traders. And usually the tendency to trade revenge increases after a loss.
Member Since Jul 20, 2020   399 posts
May 22, 2021 at 15:58
AliaDare posted:
Forex trading involves trading with a positive mindset. If I ever think that my mindset is having problems I refrain from trading that day. Because revenge trade is harmful to traders. And usually the tendency to trade revenge increases after a loss.

So true once you start to trade to 'get back at the market' youre in trouble youre not going in because of rules youre going in because of emotion
Member Since Dec 28, 2020   187 posts
May 24, 2021 at 07:53
Sarjohn posted:
LukeRachel posted:
Forex trading is not my friend or relative. It is impossible to take revenge for any loss. I have to make a profit by creating a positive mindset from flexible with the market.
Exactly the market is not your relative or friend to whom you can take revenge, it will end losing your money only.
Yes, we can not work with a negative mindset, and revenge trading always brings a negative mindset. Focus on knowledge and learning rather than on revenge trading.
Member Since Mar 16, 2021   477 posts
Sep 08, 2021 at 15:22
Sarjohn posted:
Sarjohn posted:
LukeRachel posted:
Forex trading is not my friend or relative. It is impossible to take revenge for any loss. I have to make a profit by creating a positive mindset from flexible with the market.
Exactly the market is not your relative or friend to whom you can take revenge, it will end losing your money only.
Yes, we can not work with a negative mindset, and revenge trading always brings a negative mindset. Focus on knowledge and learning rather than on revenge trading.
Yes, of course, revenge can never make a profit from the market. I have to learn and create a positive mentality.
Member Since May 19, 2020   438 posts
Sep 09, 2021 at 10:26
So actually revenge for what? Only the trader is to blame for his mistakes and miscalculations.
@Marcellus8610
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.