Revenge trading

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Well, hello everyone.
We all feel the urge to take revenge from the market (which it's not a good thing at all).
In these situations how to do you manage your emotions?
 

kate682

Well-Known Member
This and not closing out is the reason why most fail. But here lies the quandary, the losers finance the winners, & it’s a negative sum game (spread/commissions/charges). The second quandary, take a stock mostly going up, technically every trader could be a winner.

There is no definitive answer, accept perhaps work with your emotions rather than try and squash them.

On the trade side, if you have the math right, and buy/sell to increase your size whilst increasing your differential, it becomes a game of structure, math & curiosity. That has changed my game.
 
I get it. but based on my experience it's not always about the math. emotions and the way we treat them have a huge impact on our trading.
 

chen2020

Member
I used to overtrade, and when I asked the same subject in a forum, everyone's advice was to take some time off and try to avoid thinking about trading.It somewhat worked for me. give it a shot; perhaps it will work for you as well.
 

rod178

Well-Known Member
Just treat every Trade as an independent event.
The only exception would be to reduce risk after a string of losses. The best 'revenge' may be to play with less or not at all.
It may be Duck Season.
 
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