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Scraped on 13/07/2025, 15:06:49 UTC
  • Revenge trading
I lost some money, decided to chase the market to make it back.
Aha! A lot of traders are guilty of this, they lose and they have this strong desire to recover their money, so they continue trading and chasing that loss, more often than not it leads to further losses and more frustration. Skill and emotion are two of the most important skillsfactors in trading, if you have one and not the other, it is definitely not enough, because it is your emotion that'll restrain you from revenge trading, until you come back at a later time.
Original archived Re: How I flipped a $100 trading account to zero.
Scraped on 13/07/2025, 15:01:56 UTC
  • Revenge trading
I lost some money, decided to chase the market to make it back.
Aha! A lot of traders are guilty of this, they lose and they have this strong desire to recover their money, so they continue trading and chasing that loss, more often than not it leads to further losses and more frustration. Skill and emotion are two of the most important skills in trading, if you have one and not the other, it is definitely not enough, because it is your emotion that'll restrain you from revenge trading, until you come back at a later time.