Revenge trading should be avoid at all costs!
Revenge trading is something that I would suggest traders to avoid because it has more emotion and rush in trading without a proper plan or strategy.
Jan 13 at 17:34
ddarko3 posted:
Revenge trading should be avoid at all costs!
Traders should also avoid all kind of trading based on emotion.
Jan 13 at 20:37
Trading definitely needs you to be in control of your emotions or your going to end up in trouble
dutchy1986 posted:
Trading definitely needs you to be in control of your emotions or your going to end up in trouble
That is why people tend to end up with revenge trading which makes the matter worsen.
'It is okay to close the trade with a minus and there is nothing wrong with that. It happens very often. The main thing is to always close negative trades in accordance with your system.
Accordingly open new trades without risking after waiting for good entry point.
Accordingly open new trades without risking after waiting for good entry point.
Feb 08 at 10:34
I don’t favor revenge trading and I don’t think anyone does. It can only lead to losses.
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