The Reality of Revenge Trading in Forex.

[Eduardo Lucchese]

Never nurture the tendency of taking revenge on the market because it will throw you out of the market and you can’t survive here for long.

 

[Oscar Shumack]

Brokers are mostly involved in scamming which is dangerous for traders. ECN brokers are the safest option for you. You can entrust your trading capital with them.

 

[FXOpen Trader]

Brokers are mostly involved in scamming which is dangerous for traders. ECN brokers are the safest option for you. You can entrust your trading capital with them.

We will need to make use of a Reliable Broker.

 

[Oscar Shumack]

There is no alternative to analyzing the market. Economic knowledge is a part of analysis that provides traders with a better forecast of the market.

 

[LouBega88]

Technical analysis is essential for catching the market trend. So, traders should at first earn good knowledge of technical analysis.

 

[Bahiya Shinam]

The practice of managing risk is rare nowadays. Try to trade in low-spread trading pairs to avoid trading risk.

 

[Nayek Pichai]

Besides developing psychology, a person should pose the quality of analyzing the market.

 

[Siccative]

When you try to force a deal in order to make up for a past loss, it is what is known as revenge trading. Most of the time, traders who engage in revenge trading were doing well until they suffered a significant loss. "Revenge trading is caused by wrath as you are angry that you lost and have the lust to make it all back soon," claims Steenbarger. This irrational behaviour is motivated by a variety of emotions, including wrath, fear, embarrassment, and greed, and it must have affected every trader at some point throughout their trading career.

 

[Alexander Hudson]

Making sure you are satisfied with low profit is known as satisfaction. Trading will be difficult for you if your expectation is skyrocketing.