Post
Topic
Board Trading Discussion
Re: Do Not Lose Everything Youve Gained in One day, or One Trade
by
Taskford
on 27/10/2023, 15:04:39 UTC
People are greedy.

I also experienced this once, because my mindset is that if I won a trade using my technical analysis, I can win the next trade that I'm going to make with a higher leverage for an easy profit, but it's not as simple as that, because trading is not always Christmas. We always forgot the risk management and the right management of our funds and profit, that's why we always lose everything and the rage trading will start.

Chasing the losses is the most case scenario for newbie traders, trading randomly because of their frustration hoping to make profits without any plan at all.

To much chasing for more big gain is somehow the most worst decision we could ever take since we will just come up on wrong situation where luck fades and unlucky strikes will follow after than. This is commonly happened that's why we need to be more careful upon deciding to extend our game time since if we always do this for sure that we can't get a best result for what we do. So we must know how to end up our game to avoid any huge damage and instead we can secure all our winnings so casino will not have a chance to recover the money they lost from us. Chasing losses is the worst situation which we ever take since this attitude is addictive and we cannot get anything good for doing this since its so stressful to see how the game will end up to us especially when seeing those stats which is currently at heavy losing so for sure that person who done this action will be in huge stress if they decide to gamble for more and ignore other consequences that can possibly destroy them.