Post
Topic
Board Trading Discussion
Re: What are your thoughts on revenge trading?
by
CryptoYar
on 12/01/2023, 16:52:23 UTC
~ what is your take on revenge trading?
Revenge trading or chasing loss is nothing but a way to lose more.

~ Do you think people intentionally go into revenge trading or is is just emotional?
No one would want to lose his money intentionally. Of course, they want to reach breakeven but in this process, they lose more. However, it should be like, when your stop loss is hit, accept the loss and wait for the price to come to your point of interest. And observe the price action in a lower time frame to jump in. If you take trades with good risk to reward then I don't think you will be bothered if some stop loss hits.