Post
Topic
Board Trading Discussion
Re: Never revenge the market!
by
arwin100
on 19/08/2024, 12:15:19 UTC
We all know how profitable trading can be and how frustrating it can too, but nevertheless never try to get back at the market.
Just because you've lost a lot doesn't mean you next strategy is getting back all your losses on one piece .

We cant chase after losses on trades, if not we may continue to make loses and never have a single opportunity of recovering back, instead, we need to only intensify what we know about trading and improve on our strategies in trading, this may help to an extent, the more we are having a better understanding regarding how to trade and keep improving on our exposures on it,  we are going to have more better opportunities ahead of is irrespective of the strategies we have adopted for use already.
Its really impossible to trade with profits every after losses, because even professionals still cannot manage their trades well and still end up losing consecutively. Don’t chase over the market and do revenge. You will never win over a highly speculative trading market. Instead, trade with small funds only so that you can manage your small losses every now and then, and develop more working strategies in case you are losing consistently with your current strategy.

We are been bothered by losses happened to us and for sure that we cannot think properly that's why its more better for us to stop our trading activity for a while if we already experience a heavy loss.

Much better to think about having a new session especially if we feel relax and we can do that maybe in next day. Revenge trading is like chasing our losses back, this is not good attitude to have by traders since usually we will just end up being problematic on possible next action we do. Dealing with market is stressful and it will add up those negative vibes if we are starting to lose so we need to think more better and accept that there are days we became a total loser.