There is no way to take revenge

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.

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.

The market doesn't care about you and if you have revenge. Stick with the plan and over time you will be profitable.

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.

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.

Why do you want to take revenge against the market in the first place? I don’t see how that works out.

People trade in the forex market to make money and not go after revenge.

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.

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.

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.

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.

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.

market is not the ex with whom we can think if taking revenge. Just be more cautious towards your strategies

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.

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.

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.

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

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.

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.