Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?
I have never heard of anything Regarding Revenge trading. I have seen that some people who use a lot of High leverage end up using blowing off their accounts. And that ahs been happened to me 2 times in almost 2 years. And I ended up loosing so much money that I saved.
And when I lost such money than I was very demotivated and I wanted to cover my loss by taking loans and also that would have gone too and I might be depressed too. So that's why do not use such higher leverages in our life.