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Revenge trading is bad

Revenge trading is for the most part determined by the dread of being off-base. It's typically when a trader, originating from an especially baffling misfortune, chooses to compensate for it by being more forceful in his/her next trades. It's the worst thing one trader can do. If you loss any trade, before opening any more trades make yourself relaxed.
 
Small capital has little disadvantage because of that. 1:500 leverage is still risky especially for new trader with small capital like $50 or $100.
 
Where there is money, you will find people selling lucrative things. They try to make money out of people's emotions. To survive here you have to be smart. People get fooled by them. The reason is people always try to find the short cut. They are so involved in their thought that they can't see the right and wrong.
 
Forex trading is not easy if work based on emotion, while revenge is included bad emotion because as trader they don't accept the loss in trading and too excited want to recover the previous loss with revenge, usually the end result will make regret again and loss inevitable, built up good mindset forex is about how to manage money to make money.
 
Trading depends a lot on emotions. First of all, if you can control your emotions, then trading will not be a problem. And secondly, you have to follow the discipline and proper strategy.
 
Trading depends a lot on emotions. First of all, if you can control your emotions, then trading will not be a problem. And secondly, you have to follow the discipline and proper strategy.
I also agree. That’s why trading psychology is important and traders should know its role.
 
Loss is a part of trading. If you have good winning percentage and better risk reward ratio, loss should not bother you. Loss bothers so much to clueless traders who have no idea what's they are doing.
 
For trading discipline is a must. Without discipline surviving in the market is not possible. No matter how great strategy a person has. It won't help him for long.
 
I also agree. That’s why trading psychology is important and traders should know its role.
Trading psychology is the most important thing after trading strategy. Even a good strategy can be invalid if we are not psychologically well equipped. Every trader should focus on this aspects.
 

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