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Scraped on 13/07/2025, 11:12:41 UTC
  • Revenge trading
I lost some money, decided to chase the market to make it back.

This is where you made your mistake. This is not like gambling where you can have a lucky break. Unlike gambling, in trading you have so much data and news to use your advantage.

It is alright to take the L for the day if you have a long-term strategy to make your original money back. But never simply guess how the market is going to move.
Original archived Re: How I flipped a $100 trading account to zero.
Scraped on 13/07/2025, 11:07:58 UTC
  • Revenge trading
I lost some money, decided to chase the market to make it back.

This is where you made your mistake. This is not like gambling where you can have a lucky break. Unlike gambling, in trading you have so much data and news to use your advantage.

It is alright to take the L for the day if you have a long-term strategy to make your original money back.