Revenge trade

[Kevin Vogt]

Most amateur traders take revenge trading to recover the loss. But the majority of time revenge brings misfortune for them. Trade should be opened only if it supports your strategy.

 

[Alexander Hudson]

Revenge trading is very dangerous in this market.

 

[Eduardo Lucchese]

Every trader should avoid revenge trading.

 

[David Marco]

No trader can become successful in this market by doing revenge trading.

 

[dwaynegibbs]

Revenge trading adds unnecessary stress to your life. It will add pressure on you instead of helping the situation. The added stress will make you lose your calm and make wrong decisions while trading, which is not good for anyone who wants to achieve success.

 

[Ebba]

One of the horrible mindset when it comes to trading. Please if you are not happy or satisfied with trading, please do not ever consider revenge trading. Just take a break from trading and come back after that.

 

[kenthansen]

Revenge trade is not good in forex trading. Reacting according to your emotions in the market can lead you to losses and bad decisions.

 

[Oscar Shumack]

You may lose all your money if you are doing revenge trading.

 

[Kazumu Fukunaga]

People here want to make lot of money in a short time. As a they are more interested in trading than learning. But knowledge and skills comes first. They are not ready to understand it.

 

[Cooper Truebridge]

The market will never run according to your opinion. So it is harmful to trade revenge. This emotion needs to change.

 

[justintaylor]

I really don’t get what this term “revenge trading” denotes? Are we taking revenge from the market for not favoring us? Are we telling the market that just wait and watch you went against me, now I’ll overtrade. That’s so stupid. By doing this we are only taking revenge with ourselves and making a fool out of us.
Accept that the market will not always be in our favor. There will be good times and then there will be bad times. Accept, learn and move on.

 

[Alicia Lynch]

It is never possible to trade with revenge. Flexible with the market has nothing to do with revenge here.

 

[eddiereich]

The term “revenge trading” is quite immature. Every trader needs to understand the fact that you can’t challenge the market and you can’t take revenge from the market. The only mantra to gain consistent profit is moving with the market and creating a strategy that fits with market movement.

 

[Oscar Shumack]

Most of the traders are inflicted with this bad practice and they want to take revenge on their losing trades which drastically reduces their equity.

 

[SaadBinToha]

We are much addicted to revenge trading just because we don’t have any control on our mind but having control of mind is pretty much essential for traders.

 

[Ethan]

a trader must try to manage his trading risks with the proper adoption of various risk management tools, like hedging or various pending orders. However, a trader must work with a forex broker that can ensure prompt trade execution services so that he can take the advantage of market situations very early.

 

[Aaron_0]

Revenge trading means taking counter entries after suffering a certain loss. It’s not a profession trading practice and it never carries good fate for a trader.

 

[Tausha]

Instead of revenge trading, it's crucial to focus on learning from losses, refining strategies, and maintaining discipline in each trade.

 

[MinikZeeb]

Revenge trading refers to the act of entering trades with the sole intention of recouping losses from previous unsuccessful trades. It's driven by emotions such as frustration, anger, or a desire to regain lost profits quickly. Revenge trading often deviates from a trader's strategy and risk management rules, leading to impulsive and irrational decision-making. This behavior can exacerbate losses, as traders may increase position sizes or take on excessive risk to chase profits. Ultimately, revenge trading is detrimental to long-term success in trading, as it ignores disciplined and objective analysis in favor of emotional reactions to past losses.