What are your thoughts on revenge trading?

[Obari]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

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[goaldigger]

~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

There's no such revenge trading, as a trader its normal to lose money and there's no way to chase that because trading is not gambling.
You can trade and still lose the money, this will always depend on how you execute your strategy and how you analyze the chart. In trading, there should be no emotion attached to your every decision and if you are making a lot of losses then probably something is wrong with your strategy, better to adjust it and continue to learn.

[Charles-Tim]

~ what is your take on revenge trading?

If you trade and you lose, stop trading and try and know the reason you are losing. If you are using too much money to trade, try and reduce it and keep looking for better strategies that can effectively help you to have profit while trading.

~ Do you think people intentionally go into revenge trading or is is just emotional?

It is emotion, not intentional.

~ what will you advise someone making series of losses ?

Stop trading for awhile and look for better strategies. The trader should reduce the money he is using to trade. The trader should use low or no leverage, he should discipline himself from emotions by not going beyond his strategies.

[Husires]

In any case, I advise you to leave your feelings away when trading. In all cases, there is profit and loss in trading, which means that loss is part of the process of profit.
Trading revenge and trying to trade in order to please your hormones will lead you to more losses.

[KingsDen]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

This is the point at which trading looks closely like gambling. In the case of gambling a gambler will tend to make a win after several losses or in the other hand will like to make more wins after successive win but maylikely to lose their money.
In Trading when you lose your trade you don't need to hasten into another trade. You have to re-evaluate your strategy and see how well it is working with the current market condition otherwise you will keep losing.

[Viscore]

In any case, I advise you to leave your feelings away when trading. In all cases, there is profit and loss in trading, which means that loss is part of the process of profit.
Trading revenge and trying to trade in order to please your hormones will lead you to more losses.

Don’t get too emotional when you are in trading because the moment you started losing, those emotions will burst out and become uncontrolled. That is why never involve your emotions when trading, although it’s a way quite impossible since we definitely put our feelings and emotions in all that we do. One thing is certain, if you see yourself you are in constant losing, then take a break and then think of new strategies that have higher chances that will work on you. Trading is not just all about profits, so never expect for trading to be always favoring your side.

[Woodie]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.

Honestly, Traders that revenge trade are indiscipline traders that clearly shows that they also have no strategy to follow and all they are doing is gambling and not trading!!

I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are

From my experience, trading involves knowing how to manage your emotions and if you can't then clearly you aren't ready to trade because once things don't go your way, one gets to be reckless and things like revenge trading, trading without a stop-loss etc follow.

~ what will you advise someone making series of losses ?

For starters, let's all understand losses are part of trading you can't always win but you can minimize them by perfecting a trading strategy.

[len01]

when a person starts trading and he loses several times, that emotional feeling will appear and after that the trait of wanting to chase losses or chase losses will appear and after that he will get big losses.
incidents like that are actually very natural when a trader cannot control or control his emotions. even though the main key to trading in crypto is patience and being able to control your emotions. if all else failed, a loss was likely awaiting him.
there is no good advice except self-control to avoid emotions when trading and stay away from chasing losses, which is not very good.

[TimeTeller]

when a person starts trading and he loses several times, that emotional feeling will appear and after that the trait of wanting to chase losses or chase losses will appear and after that he will get big losses.
incidents like that are actually very natural when a trader cannot control or control his emotions. even though the main key to trading in crypto is patience and being able to control your emotions. if all else failed, a loss was likely awaiting him.
there is no good advice except self-control to avoid emotions when trading and stay away from chasing losses, which is not very good.

People should take it slow and learn what happened about his losses.
Know what made him lost the last time he did trading.
Because if he will rush and as the OP said take revenge for what he lost,
he will more likely lose again as he would not be thinking logically.
This is why a lot of traders are losing because they are overpowered by their emotions and not the rationale.

[Scripture]

Emotion is not ok in trading because you should trade according to your analysis and not because of your negative emotion, so if you are thinking about chasing your bad trades I guess its not ok. In trading you can’t avoid losing money, its part of the game and you should know how to deal with it. It’s ok to lose some money as long as at the end of day you can still achieve your goal and be more consistent.

[minime0105]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.

Trading is something that i believe that when you make a mistake in trading and you are serious not to fall into such kind of trading mistake you will not fall again. So it's not good for someone to be seriously to chase it lost in trading, so i will say that trading is not gambling whereby they most have known the exact thing the want with a strategies, because trading when you make a mistake and you are unable to identify the trading error and you also want so chase your Lost without knowing were the mistake is coming from, so if you continue you will lose for the second time.

[SquallLeonhart]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.

When you are able to cut your losses earlier then I guess all related problems will get eliminated basically. So, not having proper trading plans or analysis depth is the core reason here for pushing anyone to chase losses and then losing all the capital.

~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

When you do not have plans for your trades or not sticking with your plans then your emotions will come into play. To avoid series of losses and all other problems, we need to leave off the trading after a attaining certain loss which is possible by following pre-determined plans.

[joniboini]

Is this really a thing?

Never heard about it for at least 3 years I'm involved with crypto. It is similar to gacha gamer behavior where they keep pulling even if they don't have enough pulls left just because they hope they can get some decent units. The motivation is clearly different though. I don't understand why you pull keep making more losses just because you're angry unless you're fine with burning money.

~ what will you advise someone making series of losses ?

Lots of good tips have been posted above. I'd strongly suggest they learn more emotional control at least. It's difficult to suggest trading tips when they don't even bother to learn or manage their emotion when the result is not in line with their hope. For example, the simple tips of using the money you can afford to lose are probably not gonna help them at all.

There are many goods emotional intelligence books out there. Even on Youtube, you can find some decent videos. That should be good enough for a start if they don't know a single thing about emotion management.

[Iadegbola34]

Revenge trading is actually a disastrous act for a trader that wants to be successful. As a trader you shouldn't take trades based on impulses and emotions, that way, you're able to see clearly why you're losing and back test your trading strategy. To avoid revenge trading, take every trade as a loss and hope for the best, so if it doesn't go your way you are able to move on easily.

[noorman0]

Emotional factors often affect someone who starts to suffer continuous losses, and often it happens to traders who rely on feelings.
It is actually useless to chase losses, trading is speculative which in no way promises accuracy. What needs to be done should be an evaluation of analytical methods and strategies.

[passwordnow]

Trading is a game of money and emotions. That's why when someone is in a rage, he or she better get off the market because it's not going to do him any good. And that's for sure honestly because that will take all of his money because of what he's feeling emotional.
If you're having that feeling that you think that you should decide as soon as possible for you to make some, that's not going to do any good on your end.
Just trade with the right emotion so, you're aware of what you does.

[jrrsparkles]

~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

1. The term itself not familiar to me, probably it was just created around the internet who generally try to chase their loss but the fact is it will lead to further loss.

2. Emotions plays critical role in trading so if someone fails to manage it at the right time will trap into their chase.

3. Nope, they're doing something wrong that is why they are losing so they need to assess the situation and modify their strategy before trying further will be my advise.

[tvplus006]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts...

If your order is liquidated by the exchange, then you probably do not adhere to risk management. And if the price moves in the opposite direction to your expectations, you need to fix the loss, and not wait for your deposit to be liquidated. At the same time, the trader should not have any emotions when trading, otherwise he will react incorrectly to the changes taking place in the market.

[Kgdktac]

Revenge trading is a type of trading that is motivated by emotions, particularly the desire to "get back" at the market or at a specific trade that has resulted in a loss. This type of trading is often driven by feelings of frustration, anger, or a desire to recoup losses quickly.

Revenge trading can be very risky and is generally not a good idea. It is important for traders to remain disciplined and to stick to a well-thought-out trading plan, rather than allowing their emotions to influence their decisions. When traders allow their emotions to guide their trading, they may make impulsive or irrational decisions that can lead to further losses. It is much better to approach trading with a clear, calm mind and to make decisions based on objective analysis and a solid understanding of the market.

[mk4]

In my case — and I'm pretty sure in most cases, revenge trading has almost always ended me up with a far bigger loss. It's pretty much just taking a trade just for the sake of it because you want to recoup a past loss, even if you have little to no conviction with the trade.

[dimonstration]

This is same idea on your revenge gambling thread that created at the same time with same question to a different subject. The data that you can gather here is almost identical to the gambling thread because trading is same risky activity as gambling. This already duplicate if the goal to get a discussion for the same purpose of goal.

[savetheFORUM]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.

Trading is something that i believe that when you make a mistake in trading and you are serious not to fall into such kind of trading mistake you will not fall again. So it's not good for someone to be seriously to chase it lost in trading, so i will say that trading is not gambling whereby they most have known the exact thing the want with a strategies, because trading when you make a mistake and you are unable to identify the trading error and you also want so chase your Lost without knowing were the mistake is coming from, so if you continue you will lose for the second time.

Trading is a risky activity so it is hard to master but it's fine if we keep on making a mistake. What important is that we are improving and we slowly recovering our past losses. If you are a kind of person that is perfectionist or you are afraid to fall then you better not engage in trading or even in other activities which has a lesser risk than it so that you will never be disappointed.

Trading and gambling are quite similar in terms of risk but the only advantage of trading is that it is possible to know the cause of your mistakes and it is possible for it to be corrected but that is something that is hard to do in gambling since gambling works randomly.

[Quidat]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

-Revenge trading turns out to be simply a gamble yet emotions would be the main reason on why you are trying out to chase up your losses or simply you are already making it as a gambling.
-This is pure emotion, its not bad to aim for making some breaking even with those losses but just remember that you shouldnt really make yourself that too desperate.
-When you are already on losses then make yourself taking a break, trying out to reassess on what are the things what makes you make losing trades.
Dont make yourself that too impulsive because it would really just make things even gotten more worst.

[shinratensei_]

seems like best way to lose all your money overnight, the chance of you making recovery towards your previous losses is like gambling, therefore I think this trading comes out as driven emotionally which usually could incur massive losses, otherwise anyone would make good planning beforehand but it seems chasing after losses mindlessly seems like futile effort in regaining back their losses, if they are at tranquil state and could make losses it's getting even worse when inside of their mind is chaotic like that, I think after series of losses, it's wiser just to take a break.

[GreatArkansas]

~ what will you advise someone making series of losses ?
(....)

First, you need to identify your mistakes here, like where did you go wrong? But before that, you must have records of your trading.
So here comes the trading journal, trading journal is also important when you are doing trading because of these, after you close your trade, you can review it and check why did you enter the trade and why you close the trade, or how it went wrong (stop loss hit).
And then, later on, you need to apply the lesson you learned, and you will not do again the mistake you did.

[adaseb]

We are all guilty of revenge trading. It’s not only in cryptos, it also happens in stocks. The issue is the emotions of greed and fear.

Most revenge trading happens after a big loss and many want to trade back to break even. And they add to losing positions or reverse their positions or they trade higher position sizes.

And you can see when it happens in the markets. Usually market had a small dip and then a very large dip. Then it reversed and has a huge pump and this is how people get chopped both ways.

[Franctoshi]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

 Emotion plays an important role here as regards to revenge trading if not controlled, and as result of you doing that most of the times you will definitely get more loses in the end.
Therefore ,One very important thing every trader that is in such condition should know is that you can't win all the time , sometime you profit and sometimes you lose , So just accept loses whenever you lose a trade and take it that your set up or the market is not favorable to you that very day and walk away, Hence the resultant effect could lead to blown off of your trading capital.

[Poker Player]

~ what is your take on revenge trading?

I think the concept is bullshit.

~ Do you think people intentionally go into revenge trading or is is just emotional?

It is an emotional state that people get into when they lose and are also stressed or tired, either as a result of losses or for other reasons, and this causes them to despair and chase their losses, which can happen in both trading and gambling.

~ what will you advise someone making series of losses ?

Let him go home, rest, and come back another time when he is fresh. If the losses are repeated several times and significantly hurt the finances, let him quit.

[stadus]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

We don't need to do that if we aim to succeed in trading. Chasing losses is also a chance of losing more. Why? It is because you are not enjoying trading anymore but what is in your mind is to recover your losses and this is not a good habit that a trader must have to ware. What we need is to have peace of mind despite the losses we get in the past and forget about it. Might it was hard but thinking the past mistakes and losses are a hindrance to thinking of better strategies, instead it will cause only more trouble if we continue.

[tvplus006]

...Trading and gambling are quite similar in terms of risk but the only advantage of trading is that it is possible to know the cause of your mistakes and it is possible for it to be corrected but that is something that is hard to do in gambling since gambling works randomly.

If a person is a gambler, then no matter what he is doing, his nature will definitely take up regardless of whether he is trading or playing in a casino. In this case, he will open orders again and again, hoping that this time he will be lucky and he will return the lost money. But as a result, he will lose the entire deposit, as he will not be able to stop even after a profit deal.

[kamvreto]

this is the first time I hear the term revenge trading, maybe it's because of the continuous losses and wanting to return the losses by re-trading. Someone certainly made a mistake when trading and wanted to trade revenge. one of the factors is maybe emotional or psychological that can't be controlled.

Some advice for people who make a series of mistakes that result in losses is to learn how to trade properly and be able to avoid losses. Reading charts and doing analysis is highly recommended to predict market prices. Do not trade without having trading knowledge. revenge trading or whatever the term is, the important thing is don't get into bigger losses, be more careful when trading and calculate everything.

[Jody.Drummer]

Believe in revenge trading as you say it will make the losses even bigger. Why? because they are trying to recover losses as long as they are losing in trading, and that means they are still controlled by high emotions because of the disappointment of what has happened to their money when trading before. I say this because revenge is a negative context, as I said above.
I think everyone wants to get their money back after losing money, but there is a strategy to be followed. Remain calm and do it slowly, because if we do it in a hurry, it will not be the profit that we get, but the losses that will be even greater.

[SquallLeonhart]

...Trading and gambling are quite similar in terms of risk but the only advantage of trading is that it is possible to know the cause of your mistakes and it is possible for it to be corrected but that is something that is hard to do in gambling since gambling works randomly.

If a person is a gambler, then no matter what he is doing, his nature will definitely take up regardless of whether he is trading or playing in a casino. In this case, he will open orders again and again, hoping that this time he will be lucky and he will return the lost money. But as a result, he will lose the entire deposit, as he will not be able to stop even after a profit deal.

People who are acting with their emotions are throwing money away and that's the issue, if you are going to focus on the amount of money you are going to make then you are not going to be profiting at all. I personally believe that the best thing we could do when we lose is to calm down and focus on long term aspects of it.

When I buy something and it goes down, I do not go seek out a quicker way to make it back, I start to slowly collect more and more bitcoins and eventually that will make me a lot of money. This is not really a shocking result, because bitcoin makes a profit in the long run anyway so that is a better method than emotionally trade.

[Fatunad]

Believe in revenge trading as you say it will make the losses even bigger. Why? because they are trying to recover losses as long as they are losing in trading, and that means they are still controlled by high emotions because of the disappointment of what has happened to their money when trading before. I say this because revenge is a negative context, as I said above.
I think everyone wants to get their money back after losing money, but there is a strategy to be followed. Remain calm and do it slowly, because if we do it in a hurry, it will not be the profit that we get, but the losses that will be even greater.

When you are on the conditions on which you are already making use of your emotion in towards your decision then it would really be resulting into that desperation and you wont
really be already following those analysis that you have made out just because you are already tolerating your emotion and the ones who would be in control which is something not really that recommended
for you to do so. Losses are inevitable since market is unpredictable but doesnt mean that you should really make yourself that impulsive because it could really stir
up your mind for whatever decisions you had made out earlier this is why its needing up that self control when it comes to this instance.

[Issa56]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.

If you endup chasing your lose in a trade, then you might endup losing more money, because their will be pressure on you, which at the end you might end up taking a wrong step.
 

~ what is your take on revenge trading?

Whenever you trade and you lose, don't try to revenge, just close your trade at that moment, or close your trade for that day and come back later, if you are coming back you might just trade another coin separately.

~ what will you advise someone making series of losses ?

If you are making series of losses in a trade, one of the things you should do is to check your trading strategy, something might be wrong, also if you can't trade, you are just buy a coin and Hold.

[uneng]

Revenge trading is the same as revenge gambling. The concept, causes and effects are almost the same, although in trading addiction might not be the exact reason and recurrency is likely to be lower than in gambling. What happens in trading is that people watch those gurus from Youtube and Telegram groups encouraging them to start trading and acquiring the products they sell, so people really think trading is a safe source of income towards the so desired independent life. When they realize it's not that simple, and that losses are not only possible, but also likely, they may feel despaired to recover what they have already invested and lost. So they appeal to revenge trading.

Hopefully, after finding themselves in a situation like that once is already enough for them to learn the lesson and never try again.

[Kelvinid]

Revenge? We are putting anger and pressure into our minds but it is never a good idea OP, you are adding more chances of losing than making a profit from it.
In trading, we don't have to chase our losses but rather find where we are wrong. In this way, we can find a solution that helps us to get back what we lose in the fast and preventing not to happen again. It was not revenge, we take action to have a better output. If revenge is always on our minds, I don't think we can go further.

[Jody.Drummer]

Believe in revenge trading as you say it will make the losses even bigger. Why? because they are trying to recover losses as long as they are losing in trading, and that means they are still controlled by high emotions because of the disappointment of what has happened to their money when trading before. I say this because revenge is a negative context, as I said above.
I think everyone wants to get their money back after losing money, but there is a strategy to be followed. Remain calm and do it slowly, because if we do it in a hurry, it will not be the profit that we get, but the losses that will be even greater.

When you are on the conditions on which you are already making use of your emotion in towards your decision then it would really be resulting into that desperation and you wont
really be already following those analysis that you have made out just because you are already tolerating your emotion and the ones who would be in control which is something not really that recommended
for you to do so. Losses are inevitable since market is unpredictable but doesnt mean that you should really make yourself that impulsive because it could really stir
up your mind for whatever decisions you had made out earlier this is why its needing up that self control when it comes to this instance.

The intention to return profits is indeed very good but conditions like this clearly cannot be done when you are involved in a condition where emotions and want revenge quickly because in this case self-control is the most important thing because when we are only fixated on emotions sometimes we cannot pay attention this small detail becomes the scourge of damage where you are only fixated on wanting to return your losses so you don't really care about the risk of another defeat.
Stay calm, because we can't do something if we can't control our own emotions.

[Strongkored]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

Why revenge with a losing trade, trading is not boxing, MMA or UFC, which requires revenge if you lose, can ask the promoter to do a rematch.
When traders experience defeat, what must be done is to evaluate what caused it, which is why trading journals are sometimes important to make.
If there is a trader who takes revenge or tries to chase win to cover previous losses, it proves that he is using funds that cannot afford to lose and emotions will overwhelm him and it is very likely that he will experience bigger losses.
Evaluate and pause before starting a new step and maybe with a new strategy too, trading should be done with a clear mind

[TheUltraElite]

~ what is your take on revenge trading?

I am hearing the term for the first time here so I will go with my gut feeling and what I understood after reading some of the replies here, that you are referring to something like chasing losses in gambling. I would not recommend that at all.

As a trader you need to have the composed mindset and not the reckless one. If you lost money on one trade, considering it to be a spot trade, you defenitely have a chance of getting it back but it will cost time. This decision making improves with practice. If trading on anything other then Spot, then you are gambling anyway, in which case I dont have anything to say.

~ Do you think people intentionally go into revenge trading or is is just emotional?

Maybe emotional, but like I said, I am hearing it for the first time, maybe I was ignorant.

~ what will you advise someone making series of losses ?

Stop and see where you went wrong. Series of losses is not possible in Spot trading per see unless you bought shitcoins everyday. You are likely talking about leverage or margin

[fennic]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

I have never heard of anything Regarding Revenge trading. I have seen that some people who use a lot of High leverage end up using blowing off their accounts. And that ahs been happened to me 2 times in almost 2 years. And I ended up loosing so much money that I saved.
And when I lost such money than I was very demotivated and I wanted to cover my loss by taking loans and also that would have gone too and I might be depressed too. So that's why do not use such higher leverages in our life.

[justdimin]

I have never heard of anything Regarding Revenge trading. I have seen that some people who use a lot of High leverage end up using blowing off their accounts. And that ahs been happened to me 2 times in almost 2 years. And I ended up loosing so much money that I saved.

Yeah, leverage trading is high risky one and what OP is demonstrating here is revenge which is different from leverage still risk-wise same. I mean revenge is kind of chasing your losses like trying for quick recovery without proper preparation. In trading we should not rush to open trade regardless of a fresh trade or a trade for recovering losses. If we open a trade after proper analysis then there will be no room for revenge.

If you lost money on one trade, considering it to be a spot trade, you defenitely have a chance of getting it back but it will cost time.

Lack of patience lead to losses even in spot trading. Rushing to make profits leads to losses and lands into recovery phase where the actual 'revenge' starts.

[palle11]

~ what is your take on revenge trading?

It is not good to trade in wanting to revenge on your loses because you will make more mistakes.

~ Do you think people intentionally go into revenge trading or is is just emotional?

It is both. The emotion of losing your trade or money push you to go for revenge in trying to regain your lost money. Well whether it is intentional, it is caused by the emotion.

~ what will you advise someone making series of losses ?

Learning more skills will help rather than to keep throwing in funds to the whales. It is better to stop for sometime and go into more strategy building.

[stomachgrowls]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

I have never heard of anything Regarding Revenge trading. I have seen that some people who use a lot of High leverage end up using blowing off their accounts. And that ahs been happened to me 2 times in almost 2 years. And I ended up loosing so much money that I saved.
And when I lost such money than I was very demotivated and I wanted to cover my loss by taking loans and also that would have gone too and I might be depressed too. So that's why do not use such higher leverages in our life.

On the term itself about revenge then this is some sort of impulsive trading which it do acts out the same on the time that you do chase up your losses when you do gamble, this is the same thing on which you are really that desperately trying out to break even yourself of those losses that you do have encountered on your trades which its not really something that recommendable because it would really just make things even more
worst and this is why you should really be that careful and having that good control towards your emotions. Always set out limits and really be having that risks management because you would really be seeing
yourself getting fucked up some more if you do let yourself that too reactive whenever you do make up some loss.Its much better if you do reassess up situation on where did you go wrong.

[ShowOff]

If you are trading revenge, then it means you are gambling with him. I often hear about revenge gambling, it is done because the gambler wants to recover losses but how is it different from revenge trading? For me both are the same, there is no difference.

You'll probably get the revenge investment idea after this. But I honestly would rather do it if it were bitcoin. My point is, if you previously bought $30K of bitcoin, then get your revenge now by investing more at $16K. You may get worth it return and it may allow you to recover your losses. It was great revenge.

[goldkingcoiner]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

^

I think there is a word for this and it also exists in the world of gambling. I have no idea what the word officially is, but it might be "frustration gambling". When you gamble too much and things are not going your way, you get frustrated and more easily lose your money in this psychological state. Its never good to make decisions when one is angry or happy. Decision-making needs a sober, neutral mind.

But I have traded out of frustration before and lost a lot of money. Once again goes to show when trading, leave your emotions at home.

[kawetsriyanto]

~ what is your take on revenge trading?

IMO, fundamentally, there is no term for "revenge trading". You can't chase your losses with revenge trading, it only leads you to more losses. If you got losses, you need to evaluate your trading strategies. You also need to improve your knowledge and skills. It is actually what you need when you got losses continuously. You won't make your trading better if you never evaluate it, dude. 

~ Do you think people intentionally go into revenge trading or is is just emotional?

Yes. It's simply the wrong way of expressing emotion. People who do revenge trading probably make riskier for their funds. I don't see a better opportunity to recover their losses, it even leads to more and more losses.

~ what will you advise someone making series of losses ?

I've explained above:
- Evaluate trading strategies
- Improve knowledge and skills
- Strengthen your analysis of the market situation

[so98nn]

That is stupid idea. The more you chase your losses the more frustrated you become and the more money you loose in the process. The problem is not with the idea of chasing the losses money but it does not work like the way it is being stated in the op. First of all, no one ever hear about the term revenge trading and you claiming that its in the talks. Thats funny actually. All you can do is "avoid losses or may be "cut your losses" in any given trade. You can then set your BEP (break Even point) which is no profit no loss line for your portfolio (entirely). This is then followed with the strategic trades which can help you keep well about BEP line thus making you profit. In the trading, you don't recover the losses, you keep yourself above BEP to make most of the money out of it, like a passive income stream.

[Mahanton]

That is stupid idea. The more you chase your losses the more frustrated you become and the more money you loose in the process. The problem is not with the idea of chasing the losses money but it does not work like the way it is being stated in the op. First of all, no one ever hear about the term revenge trading and you claiming that its in the talks. Thats funny actually. All you can do is "avoid losses or may be "cut your losses" in any given trade. You can then set your BEP (break Even point) which is no profit no loss line for your portfolio (entirely). This is then followed with the strategic trades which can help you keep well about BEP line thus making you profit. In the trading, you don't recover the losses, you keep yourself above BEP to make most of the money out of it, like a passive income stream.

It falls out to be like when you do gamble on which if you do try to chase up your losses then you would be basically be losing up even more because you would really be that desperate.You cant really think up well already just because you had been bothered or boggled up your mind on trying up to break even which is really a must avoided kind of emotion or feeling specially when you are already getting that serious on getting
those losses back.Its better that you should make yourself that still focused on how to make good trades rather than on chasing up your losses which is a no-no when we are dealing with
trading because its a different thing in comparison with gambling which it shouldnt really be treated up the same.

[mvdheuvel1983]

Revenge trading is akin to revenge gambling. And I think that people who fall victims of this are newbies.
Maybe it is the get-rich-quick syndrome at romances them into thinking that they jump in again after a loss without any tactics or trading strategy and think that they will win.
I have been cautioned several times about this, that the moment I feel the urge to jump back in after a loss is the moment, I should take a break.

[Franctoshi]

And I think that people who fall victims of this are newbies.

Not necessarily newbies only, even some experience trade fall victim of this because a lose trade always comes with pains or emotion, meaning that you as a trader you definitely would want to recover your loses each time you lose trade , because realistically every trader in the market will always want to win regardless,  Except for a trader who has trained him/herself in accepting a lose incurred on the process of trading. This is why emotion has a lot to do when it comes to trading.

[Adbitco]

Revenge trading is the worst thing a man could do why because he is trading fully with annoyance and with all possibility to recover all lost at end endangering himself or herself the more. The simple analogy there is when you trade and it happens you always losing, don't trade anymore look for possible best solution either you are trading with fear and anxiety, this could be a reason that possibly wanting to be rich over a single trade at this point you stand all chance of losing your funds.
Before going into trading check first if you are mentally, physical suited to start the journey as I know not everyone could withstand the pressure seeing that they are losing big money, don't trade instead go for investment or possibly DCA would likely help compared with trading.

[Questat]

~ Do you think people intentionally go into revenge trading or is is just emotional?

Many, a lot of traders are chasing their losses and they will take putting in more funds as they'll think it could help to recover. Unfortunately, it was not the solution as it only makes you fail and lose more.

~ what will you advise someone making series of losses ?

Instead of thinking about "revenge", better think about how to improve our knowledge and skills. Too much emotion is not good in trading as it will lost your focus and market understanding. We can recover them gradually if we are consistent in our strategies and remain calm.

[Yawa2020]

In any case, I advise you to leave your feelings away when trading. In all cases, there is profit and loss in trading, which means that loss is part of the process of profit.
Trading revenge and trying to trade in order to please your hormones will lead you to more losses.

I don't think it is possible to trade absolutely without attaching feelings. Emotions can be reduced to minimal stage but can not be absolutely do away with. Talking about revenge trade, it some time work out for me and some time it back fire and leading to additional lose. Daily limit can be helpful in controlling your betting attitude.

[maydna]

It's fine if they want to do revenge trading as long as they can learn more so they can try to make a profit. It would be like spurring oneself to analyze better than before and it seemed that that person could do it for profit. But it won't be easy because that person must study more seriously to know when to trade and when to get out of the market. Maybe it is a revenge trade and is related to the emotion of having already had a few losses and wanting to recover them. I advise learning to analyze better to recover losses instead of getting more losses.

[tvplus006]

Do you think people intentionally go into revenge trading or is is just emotional?

Many, a lot of traders are chasing their losses and they will take putting in more funds as they'll think it could help to recover. Unfortunately, it was not the solution as it only makes you fail and lose more.

It is possible that some are familiar with the martingale strategy, when a player raises the stakes until he wins. But trading is not a casino where there is no technical analysis, and winning depends only on probability theory, so you can endlessly lose your money by trading against the trend.

[irhact]

It's fine if they want to do revenge trading as long as they can learn more so they can try to make a profit. It would be like spurring oneself to analyze better than before and it seemed that that person could do it for profit. But it won't be easy because that person must study more seriously to know when to trade and when to get out of the market.

Revenge trading is never fine, you can never be profitable doing so instead you'll end up in more losses and probably lose all the money in your trading account. When you try to revenge trade, you're trading with emotions and that's among the first things you were told to never do when trading and also your decision making will be off track.

Things that you won't have normally done with a clear head will seem normal to you like when you aren't supposed to enter a trade, you will do exactly that and that begins your failure. There's a reason we are advise not to do so by the experts and that's because they have fallen victim and trying to warn us against going the same path.

[maydna]

It's fine if they want to do revenge trading as long as they can learn more so they can try to make a profit. It would be like spurring oneself to analyze better than before and it seemed that that person could do it for profit. But it won't be easy because that person must study more seriously to know when to trade and when to get out of the market.

Revenge trading is never fine, you can never be profitable doing so instead you'll end up in more losses and probably lose all the money in your trading account. When you try to revenge trade, you're trading with emotions and that's among the first things you were told to never do when trading and also your decision making will be off track.

Things that you won't have normally done with a clear head will seem normal to you like when you aren't supposed to enter a trade, you will do exactly that and that begins your failure. There's a reason we are advise not to do so by the experts and that's because they have fallen victim and trying to warn us against going the same path.

Indeed, revenge trading will not be profitable, but as long as you learn more about the trade, you still have a chance to profit. But if you trade using emotions because of previous losses, you can make a wrong analysis and will cause another loss. Try to always be calm in trading, especially when you are analyzing because the calm factor is the most important to analyze properly.

And if you have experienced losses from previous trades, you should rest while analyzing where the previous mistakes were so you could analyze even better. Perhaps, the coin selection isn't right, so you experience an error in analyzing.

[teosanru]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

Revenge trading is the worst thing that you can do to yourself and your account as well. Trading is a test of your emotional intelligence and patience. Things like revenge trading will only make you do hasty decision making nothing other than that. Which will give you even more losses and you'll become even more hungry for revenge and go into even more loss this cycle would continue until you blow your account.

[sana54210]

I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

DO NOT go out of your regular strategy. If you lose money that's fine, learn from the mistake and check why you lost money and fix anything that was wrong with the system and then keep trading the way you normally do. If you start to trade with bigger amount of your capital to make it back, even go all-in to make sure you make that loss back then you are going to lose even more, this is 100% true and quicker for leverage trading as well.

It's best to stick to a plan, and have that plan for many years because it allows you to master it and be better at it. Each time there is a loss, figure out the reason, this will make you better and have less losses eventually.

[mindrust]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

It is a form of gambling. It is like losing $50k playing dice then wagering $50k more to take the first $50k back. Of course 99 times out of 100 the player loses his second $50k too and ends up losing $100k.

You can avoid these situations only if you invest/trade/gamble with the money which can afford to lose. Otherwise you are going to create a situation where you will make more mistakes like the guy in the example I gave you above.

Always have a back up plan and that plan shouldn't be the same plan which made you lose money.

I lost money trading "shitcoin A". I need to trade "shitcoin B" to make up for my losses from trading  "shitcoin A".

^Big No no.

[milewilda]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

Revenge or having that kind of trying out to chase up your losses or trying to break even is something not really that recommendable because it does really shows up on about on being that impulsive
when it comes to your emotions if you are really that acting on this way which is really a huge mistake.We cant really deny out that on the time that we do lost on a particular trade then we would be mainly
be minding about on how to get those losses back which it is a common reaction but most cases people do lost off track in regarding with their analysis on which  they would really be that ending
up on being desperate when it comes to their actions which its never been something like that a wise move to be done.

[Ziskinberg]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

Revenge or having that kind of trying out to chase up your losses or trying to break even is something not really that recommendable because it does really shows up on about on being that impulsive
when it comes to your emotions if you are really that acting on this way which is really a huge mistake.We cant really deny out that on the time that we do lost on a particular trade then we would be mainly
be minding about on how to get those losses back which it is a common reaction but most cases people do lost off track in regarding with their analysis on which  they would really be that ending
up on being desperate when it comes to their actions which its never been something like that a wise move to be done.

Is not good at all, chasing losses leads to losing more in the end. Emotions - this is a big problem with most new traders and makes them get out of their positive approach to the market.
If we wanted to get back our losses in the past, it is better to focus on improving our knowledge and trading skills instead of thinking about a revenge attack. There are 3 things we need to do in order to make it possible in trading - correct our mistakes, be patient, and learn to adopt the situation.

[EdenHazard]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

Revenge or having that kind of trying out to chase up your losses or trying to break even is something not really that recommendable because it does really shows up on about on being that impulsive
when it comes to your emotions if you are really that acting on this way which is really a huge mistake.We cant really deny out that on the time that we do lost on a particular trade then we would be mainly
be minding about on how to get those losses back which it is a common reaction but most cases people do lost off track in regarding with their analysis on which  they would really be that ending
up on being desperate when it comes to their actions which its never been something like that a wise move to be done.

You could simply turn your trading into gambling with that kind attitude indeed.

A very bad idea involving your inner ambition as you failed at the first attempt then trying again in the second , third and so on ... that could be an endless cycle and dangerous thing to do , you better set the reasonable goal and chase it in reasonable ways as well. Don't get too ambitious .. you are in a wrong place if you do so.

[FanEagle]

Too many people did this during 2022 bear run and too many people lost. We should not be revenge trading, there is no return on that and you are going to end up being unhappy because of it, no need to do it at all.

I personally believe that a loss is a loss and you should get over it, it's normal and when trading you can't always make profits because that is literally impossible, but if you have a loss at least learn from it. Then you start to trade normally again, it would definitely help you out a lot, it should be pretty awesome in the end. That's just my understanding of the market, just keep doing the way you normally do, no matter what the results are, and don't get emotional about it.

[Oilacris]

Too many people did this during 2022 bear run and too many people lost. We should not be revenge trading, there is no return on that and you are going to end up being unhappy because of it, no need to do it at all.

I personally believe that a loss is a loss and you should get over it, it's normal and when trading you can't always make profits because that is literally impossible, but if you have a loss at least learn from it. Then you start to trade normally again, it would definitely help you out a lot, it should be pretty awesome in the end. That's just my understanding of the market, just keep doing the way you normally do, no matter what the results are, and don't get emotional about it.

When you do lost then you should move on and then reassess on where you have done something wrong but it would  really be mind boggling because you would really be seeing that it was just right but

still a losing trade.You should be putting up into your mind that market is truly that unpredictable and there's no way that we could guarantee out our analysis no matter how good it would be.
Just dont make yourself that desperate so that you wont really be anticipating positive results towards your trading and wont really be that impulsive
when it comes to your emotion which would cause up that revenge trading.

[bounceback]

-snip-
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

If someone wants to do revenge trading, then usually they will only get even bigger losses, maybe many people think that by doing this they will be able to cover the initial losses they received, but in fact it is the opposite, because when trading revenge revenge no longer pays attention to risk and no longer relies on precise strategies that must be applied when trading as usual so that it results in further losses, in my opinion it is highly not recommended for anyone when they experience defeat to take revenge.

[Awaklara]

-snip-
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

If someone wants to do revenge trading, then usually they will only get even bigger losses, maybe many people think that by doing this they will be able to cover the initial losses they received, but in fact it is the opposite, because when trading revenge revenge no longer pays attention to risk and no longer relies on precise strategies that must be applied when trading as usual so that it results in further losses, in my opinion it is highly not recommended for anyone when they experience defeat to take revenge.

with no emotional control when trading, it will increase the risk of continued trading. trade for the amount you are prepared to lose. if you want revenge, I think it has to be a contemplation of the strategic mistakes made. instead of shocking with emotion. I'll bet, people who trade like that will never be satisfied with what has been achieved.

[ScamViruS]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

After making multiple losses, a thought comes to the mind of the traders as to how they will recover those losses. And they chase to take profitable trades to cover those losses, but their efforts can often lead to more losses. And for this revenge trading, it actually affects the traders more emotionally. I have experienced such situations and I realized that revenge trading does not take long to washout a trader's account.

[pawanjain]

~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

1. Revenge reading is unhealthy because as you mentioned it will literally blow up the portfolio account. What's the benefit of doing it then ?

2. I think it's an emotional thing because revenge is an emotion and trading should not involve emotions. Our strategy should be calculated and pre-planned.

3. Avoid revenge trading. Try to control your emotions. Practice your strategies well.

[CryptoYar]

~ what is your take on revenge trading?

Revenge trading or chasing loss is nothing but a way to lose more.

~ Do you think people intentionally go into revenge trading or is is just emotional?

No one would want to lose his money intentionally. Of course, they want to reach breakeven but in this process, they lose more. However, it should be like, when your stop loss is hit, accept the loss and wait for the price to come to your point of interest. And observe the price action in a lower time frame to jump in. If you take trades with good risk to reward then I don't think you will be bothered if some stop loss hits.

[salad daging]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

After making multiple losses, a thought comes to the mind of the traders as to how they will recover those losses. And they chase to take profitable trades to cover those losses, but their efforts can often lead to more losses. And for this revenge trading, it actually affects the traders more emotionally. I have experienced such situations and I realized that revenge trading does not take long to washout a trader's account.

Indirectly they don't have control over everything that happens in trading, but revenge trading is not a fast way unless we can choose slowly, it can cover losses, it's just that it takes a long time of patience to do it.
This effort is often not what is expected, sometimes we will become emotional during the trade, so my advice is that it is not the right way, but because of the emotional ambition of losing the trade.

[xSkylarx]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

After making multiple losses, a thought comes to the mind of the traders as to how they will recover those losses. And they chase to take profitable trades to cover those losses, but their efforts can often lead to more losses. And for this revenge trading, it actually affects the traders more emotionally. I have experienced such situations and I realized that revenge trading does not take long to washout a trader's account.

Indirectly they don't have control over everything that happens in trading, but revenge trading is not a fast way unless we can choose slowly, it can cover losses, it's just that it takes a long time of patience to do it.
This effort is often not what is expected, sometimes we will become emotional during the trade, so my advice is that it is not the right way, but because of the emotional ambition of losing the trade.

Rule number one don't chase your losses as you will lose more. I know what you mean but traders tend to not chase their losses so how they can recover their losses? Simple they continue trading and they keep in their mind that they need to follow their strategy and nothing less so over time if you have discipline you will able to win back your loses by keep winning trades and your goal is just only to win trades and not having to chase your losses. In the long run, you will be able to win back your losses as long as you will stay on your strategy.

[ScamViruS]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

After making multiple losses, a thought comes to the mind of the traders as to how they will recover those losses. And they chase to take profitable trades to cover those losses, but their efforts can often lead to more losses. And for this revenge trading, it actually affects the traders more emotionally. I have experienced such situations and I realized that revenge trading does not take long to washout a trader's account.

Indirectly they don't have control over everything that happens in trading, but revenge trading is not a fast way unless we can choose slowly, it can cover losses, it's just that it takes a long time of patience to do it.
This effort is often not what is expected, sometimes we will become emotional during the trade, so my advice is that it is not the right way, but because of the emotional ambition of losing the trade.

Trading should be done within a discipline and controlling emotions is an important step. Emotions are often responsible for revenge trading. An experienced trader does not think of covering a loss in any way, because he knows that in trading it is possible to win trades with patience rather than revenge trading. Money management, patience, market knowledge will enable a trader to trade successfully.

[South Park]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

Obviously doing such a thing is a mistake and this shows that the person did not really test whatever strategy they were using, because if they did they will realize that even when you have a good strategy you can still lose many times in a row, and my advice to them is simple, take a break, if you have lost several trades and you are feeling bad about it then do something else, the markets are not going to disappear just because you do not trade them for a day or two, do something else and once you are over it then you can trade again.

[Davidvictorson]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

I want to believe that people participate in revenge trading in an effort to repair the harm previously done. They want to feel just as they did prior to their loss of money. And they believe that if they act swiftly, they will rapidly recover their investment. Revenge traders frequently increase their deal amount and seek out new trades right away. When trading in revenge for a loss, traders view the market through a different lens than they did before. It only concerns getting back. They don't take into account your stops, risks, or suggestions. Identify when you feel this way and put a break in place.

[stomachgrowls]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

I want to believe that people participate in revenge trading in an effort to repair the harm previously done. They want to feel just as they did prior to their loss of money. And they believe that if they act swiftly, they will rapidly recover their investment. Revenge traders frequently increase their deal amount and seek out new trades right away. When trading in revenge for a loss, traders view the market through a different lens than they did before. It only concerns getting back. They don't take into account your stops, risks, or suggestions. Identify when you feel this way and put a break in place.

Or simply everything would really be messed up and this would be likely the case on which you wouldnt really be following the method or simply the path you've taken earlier but rather you would really be that careless

because the main thing that you do have in mind is to get back those losses as much as possible and you would be lose off track on things that you should need to follow and this is where things even
more messy considering that high chance of losing more.

This is like gambling and chasing losses is never been ideal whether you are dealing with gambling or trading.It would really be just the same where this
behavior could put you into more deeper trouble.

[gabbie2010]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

Revenge trading is the worst thing that you can do to yourself and your account as well. Trading is a test of your emotional intelligence and patience. Things like revenge trading will only make you do hasty decision making nothing other than that. Which will give you even more losses and you'll become even more hungry for revenge and go into even more loss this cycle would continue until you blow your account.

Iam a victim of revenge trading unfortunately it had done more harm to my account than good, after some losing streaks I do embark on revenge trading due to emotion which I think it isn't intentional while deviating from my main trading strategy in most cases I blew up my account and have to start afresh, I believe this often common among newbies In a bid to recover losses swiftly ended up losing more money,though I always trade with the amount of money I can afford to lose, obviously to be successful in trading one has be well disciplined to overcome any form of emotion and also avoid changing trading strategy.

[TheUltraElite]

I want to believe that people participate in revenge trading in an effort to repair the harm previously done. They want to feel just as they did prior to their loss of money. And they believe that if they act swiftly, they will rapidly recover their investment. Revenge traders frequently increase their deal amount and seek out new trades right away. When trading in revenge for a loss, traders view the market through a different lens than they did before. It only concerns getting back. They don't take into account your stops, risks, or suggestions. Identify when you feel this way and put a break in place.

A compulsive action it seems, which I have seen among newbies and those who end up with a loss on their trading ventures. It seems this term has now gained some notoriety than when I first visited this thread when I only kept assumptions as to what it meant.

Truly, trading is a game of emotions and patience and this behavior only means that all those things have collapsed and the trader is mentally on the verge of breaking down. I am sure this can be prevented and with caution one can avoid such things from happening. Like I said before, this is similar to chasing losses of gambling which has a devastating outcome.

Why not start with dummy trading and then you can identify your mistakes easily without actually losing money? It can help reveal your compulsive nature as well, in which case I would suggest against trading.

[justdimin]

Iam a victim of revenge trading unfortunately it had done more harm to my account than good, after some losing streaks I do embark on revenge trading due to emotion which I think it isn't intentional while deviating from my main trading strategy in most cases I blew up my account and have to start afresh, I believe this often common among newbies In a bid to recover losses swiftly ended up losing more money,though I always trade with the amount of money I can afford to lose, obviously to be successful in trading one has be well disciplined to overcome any form of emotion and also avoid changing trading strategy.

We all did it at some point in our lives and that's a sad thing of course but that doesn't change the fact that we shouldn't be really feeling a lot more responsible for it. I have to explain to people that it's not going to be a great thing to keep fighting for a grain of profit just to make that money back, and we all did follow our losses with a revenge and lost. If we kept moving on and not focus on that loss then we would have lost less.

In any situation, we learned from it, and that money gone means that the future will be better. I never did a revenge trade again after my first few, which means that I learned from my mistakes and it totally worths it.

[xSkylarx]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

Revenge trading is the worst thing that you can do to yourself and your account as well. Trading is a test of your emotional intelligence and patience. Things like revenge trading will only make you do hasty decision making nothing other than that. Which will give you even more losses and you'll become even more hungry for revenge and go into even more loss this cycle would continue until you blow your account.

Iam a victim of revenge trading unfortunately it had done more harm to my account than good, after some losing streaks I do embark on revenge trading due to emotion which I think it isn't intentional while deviating from my main trading strategy in most cases I blew up my account and have to start afresh, I believe this often common among newbies In a bid to recover losses swiftly ended up losing more money,though I always trade with the amount of money I can afford to lose, obviously to be successful in trading one has be well disciplined to overcome any form of emotion and also avoid changing trading strategy.

It was intentional for sure since you are aware of it; it is just that you can't control your emotions about it, meaning that even though you are aware, you still want to chase up your losses. It is really part of the newbie experience; I also experience this, but because of this, we learned a lesson to not be greedy and not be emotional. When I get hot in trading, I walk away from my computer like I'm riding a motorcycle for 10 minutes to get some fresh air, and then I'm back in my mind. If you are feeling emotional, it is best to rest before continuing with the trade.

[LUCKMCFLY]

In the beginning, when I was learning trading, I watched a lot of YouTube and a lot of videos on how to be a profitable person, I learned a lot about technical analysis, about the different lines like EMA, among others, and applied them, and in fact sometimes I used them. I applied all the lost ones, there was none that I won, and since I did not know that the error was not me but the person I learned, I did not know that it was neither accumulation or distribution, something like that, however I kept trying and what I did It was losing money, and among it a feeling of revenge against the market awoke in me, but that is never good, whenever you lose it is because someone else won and if you win it is because another trader lost.

[AicecreaME]

~ what is your take on revenge trading?

Revenge trading is like running in the dark where you can't see anything, even when you hurt yourself, you just keep on running.

~ Do you think people intentionally go into revenge trading or is is just emotional?

It is emotional, of course. Revenge trading is triggered by continuous disappointing results after so many try, especially when you spent too much time studying and making technical analysis yet you still can't make profits.

~ what will you advise someone making series of losses ?

Stop for a while, focus on studying more after figuring out what seems to be the problem that cause you a lot of losses. Only enter a small trade to test out your new approach in trading, if it turns well, then start increasing the amount you trade. Newbies often trade on a randomly amount with high leverage, that's why they always get liquidated easily.

Making profits in trading takes time, if you don't have the patient, you'll definitely lose all your money no matter how many times you come back.

[Mpamaegbu]

Truth is that every losing trader wants to catch up and recover their losses but that will depend on the mindset adopted. No trader should back out because they're losing. However, it's good to do the chase with a clear head. Otherwise, the trader keeps losing. Those who take a break because they've suffered losses and then come back without reviewing their trading plans and strategies will keep losing. It doesn't matter how long they absent themselves from the market. The market is the master. No matter how angry traders are at their losses, they ought to reckon that they can't take a pound of flesh from the market.

[virasisog]

Truth is that every losing trader wants to catch up and recover their losses but that will depend on the mindset adopted. No trader should back out because they're losing. However, it's good to do the chase with a clear head. Otherwise, the trader keeps losing. Those who take a break because they've suffered losses and then come back without reviewing their trading plans and strategies will keep losing. It doesn't matter how long they are absent themselves from the market. The market is the master. No matter how angry traders are at their losses, they ought to reckon that they can't take a pound of flesh from the market.

Of course, we all want to regain our losses which I think is normal but we should chase them responsibly. We can feel disappointed and upset for losing our funds but chasing them with a negative mindset will be a wrong move.
We can take a break if ever we are experiencing extreme losses and just trade again after conditioning our emotions. Revenge trading for me is a negative term and recovering from our losses will be more acceptable.

[Silberman]

Truth is that every losing trader wants to catch up and recover their losses but that will depend on the mindset adopted. No trader should back out because they're losing. However, it's good to do the chase with a clear head. Otherwise, the trader keeps losing. Those who take a break because they've suffered losses and then come back without reviewing their trading plans and strategies will keep losing. It doesn't matter how long they are absent themselves from the market. The market is the master. No matter how angry traders are at their losses, they ought to reckon that they can't take a pound of flesh from the market.

Of course, we all want to regain our losses which I think is normal but we should chase them responsibly. We can feel disappointed and upset for losing our funds but chasing them with a negative mindset will be a wrong move.
We can take a break if ever we are experiencing extreme losses and just trade again after conditioning our emotions. Revenge trading for me is a negative term and recovering from our losses will be more acceptable.

When we lose money in a trade I would consider it to be completely normal to try to recover that money as no one really comes to this market in order to lose it, however there is a big difference between that attitude and the attitude of those that are revenge trading in which they have let their emotions take control of them and they forcing trades and opening positions when their strategy has not gave them a signal to do so, which by the way instead of helping them to recover the money they have lost this will increase the size of their losses.

[Mahanton]

Truth is that every losing trader wants to catch up and recover their losses but that will depend on the mindset adopted. No trader should back out because they're losing. However, it's good to do the chase with a clear head. Otherwise, the trader keeps losing. Those who take a break because they've suffered losses and then come back without reviewing their trading plans and strategies will keep losing. It doesn't matter how long they are absent themselves from the market. The market is the master. No matter how angry traders are at their losses, they ought to reckon that they can't take a pound of flesh from the market.

Of course, we all want to regain our losses which I think is normal but we should chase them responsibly. We can feel disappointed and upset for losing our funds but chasing them with a negative mindset will be a wrong move.
We can take a break if ever we are experiencing extreme losses and just trade again after conditioning our emotions. Revenge trading for me is a negative term and recovering from our losses will be more acceptable.

When we lose money in a trade I would consider it to be completely normal to try to recover that money as no one really comes to this market in order to lose it, however there is a big difference between that attitude and the attitude of those that are revenge trading in which they have let their emotions take control of them and they forcing trades and opening positions when their strategy has not gave them a signal to do so, which by the way instead of helping them to recover the money they have lost this will increase the size of their losses.

Trying out to recover is something that is really a normal impression or reaction for someone and there's no exemption to this because we are just humans which it would really be normal that you would
be trying out to recover on what you had lost but you should really be doing all things to a certain manner or simply being having the control because exerting too much effort does really
generate out that kind of impulsive feeling of revenge which would be ending up on being desperate measures which would really be resulting into that revenge trading
which isnt something recommendable.

[Sebas.tian]

Revenge trading will not help you to achieve what you want in the crypto market, because your mind will be the losses you have experienced in the past which is not advisable to any traders in the community. The best way to recover your losses is to trade as if you have never experience any failure in your crypto trading, and it will help you to kill the spirit of fear and bring in the spirit of patience for you to be able to recover from what you have lost in the market. I believe, this is another opportunity for those that want to recover from their losses to look for a potential coins to buy and hold because potential coins price are in a good position to bring good reward to their investors.

[Volimack]

To recover the loss in trading, the coins should be checked well do not get discouraged and try again, if you fail trading is hard work there's no denying it. But the most important thing is that trading is a commodity that can be learned through training and practice. As long as you're holding a position in a trade, it's veritably important to stay focused. Complacency can beget you capital loss losses admire the situation and close the trade by using stop loss, if a bad situation arises where you need to stop trading.

[_BlackStar]

Revenge trading will not help you to achieve what you want in the crypto market, because your mind will be the losses you have experienced in the past which is not advisable to any traders in the community.

Revenge in my assumption is one way to satisfy oneself after something unfortunate. Revenge trading is of course not one that is recommended for recovering losses, but I think someone can make investments by accumulating assets and holding them for the long term so that the losses will be covered. The last point is logical to me, but I don't know what they were thinking.

I don't fully understand how someone would do revenge trading anyway, it must be some kind of gamble.

[xSkylarx]

Truth is that every losing trader wants to catch up and recover their losses but that will depend on the mindset adopted. No trader should back out because they're losing. However, it's good to do the chase with a clear head. Otherwise, the trader keeps losing. Those who take a break because they've suffered losses and then come back without reviewing their trading plans and strategies will keep losing. It doesn't matter how long they are absent themselves from the market. The market is the master. No matter how angry traders are at their losses, they ought to reckon that they can't take a pound of flesh from the market.

Of course, we all want to regain our losses which I think is normal but we should chase them responsibly. We can feel disappointed and upset for losing our funds but chasing them with a negative mindset will be a wrong move.
We can take a break if ever we are experiencing extreme losses and just trade again after conditioning our emotions. Revenge trading for me is a negative term and recovering from our losses will be more acceptable.

When we lose money in a trade I would consider it to be completely normal to try to recover that money as no one really comes to this market in order to lose it, however there is a big difference between that attitude and the attitude of those that are revenge trading in which they have let their emotions take control of them and they forcing trades and opening positions when their strategy has not gave them a signal to do so, which by the way instead of helping them to recover the money they have lost this will increase the size of their losses.

Accepting that you will lose should be learned in the first place when we start learning the basics of trading. You are correct; no one enters the market without the desire to recoup losses; however, this should be done in moderation, not as if you need it back today and will go all in, which is a bad move. Others' strategies are to accumulate it over time, while others just forget about it and continue trading, and when they see that they are getting profit, they will look back at their losses to see if they really gained profit. It is really best if we can just accept our losses and move on, as this is for our own good.

[mendace]

Revenge trading will not help you to achieve what you want in the crypto market, because your mind will be the losses you have experienced in the past which is not advisable to any traders in the community.

Revenge in my assumption is one way to satisfy oneself after something unfortunate. Revenge trading is of course not one that is recommended for recovering losses, but I think someone can make investments by accumulating assets and holding them for the long term so that the losses will be covered. The last point is logical to me, but I don't know what they were thinking.

I don't fully understand how someone would do revenge trading anyway, it must be some kind of gamble.

Revenge trading refers to making trades or investments with the primary motivation of trying to recoup losses or "get back" at the market or a specific stock or security that caused the losses. This type of trading is generally not recommended as it can lead to impulsive and emotional decisions, rather than rational and well-thought-out ones. Instead, it's better to focus on a long-term investment strategy and building a diversified portfolio that can weather market fluctuations. This is a more logical way of recovering losses. It's important to have a well-defined investment plan and stick to it, rather than engaging in revenge trading.

[kawetsriyanto]

Truth is that every losing trader wants to catch up and recover their losses but that will depend on the mindset adopted. No trader should back out because they're losing. However, it's good to do the chase with a clear head. Otherwise, the trader keeps losing. Those who take a break because they've suffered losses and then come back without reviewing their trading plans and strategies will keep losing.

Agree. Whenever a trader gets a loss, it is normal to think about catching/recovering the loss.
However, it is true that we must recover it in the right way. And we must evaluate the problem or mistake we did, that lead to the previous loss. So, we know the wrong thing with our trading strategy, and we won't repeat the same mistake. If we never learn or evaluate it, we may repeat the same loss again and again. A trader who can learn from the previous mistake also will improve the strategy, so the chance to get profits will be higher.

Well, IMHO actually there is no term for revenge trading. What a trader does after getting a loss is "recovering the loss". But it must be in the right way!!

[GeorgeJohn]

~ what will you advise someone making series of losses ?

In this aspect, and someone is experiencing constantly lose in trading, the person don't need to panic or conclude that trading is a scam or gamblling.what the person haveto do is to go back and study the basic risk measure involve in  trading, and secondly tried to understand the reason while it's having loss in trading. because some people doesn't know the rudiments of trading before venturing into it.so therefore a trading is a skill and if you don't understand the rudiments you will continue to experience the negative side of trading as a lost.

[Obari]

~ what will you advise someone making series of losses ?

In this aspect, and someone is experiencing constantly lose in trading, the person don't need to panic or conclude that trading is a scam or gamblling.what the person haveto do is to go back and study the basic risk measure involve in  trading, and secondly tried to understand the reason while it's having loss in trading. because some people doesn't know the rudiments of trading before venturing into it.so therefore a trading is a skill and if you don't understand the rudiments you will continue to experience the negative side of trading as a lost.

You're right senior and I've been preaching about learning the skills of trading before jumping into it to make profits.
People take trading, Bitcoin investment and even gambling as a get rich quick scheme which very wrong though there are people who have made great winnings and profits in gambling and also in trading in a very short space/ period or at a time.
Revenge gambling mostly comes when one begins chasing their losses and that is one thing I barely do, not lately anymore and it really helped.

[Hypnosis00]

People take trading, Bitcoin investment and even gambling as a get rich quick scheme which very wrong though there are people who have made great winnings and profits in gambling and also in trading in a very short space/ period or at a time.
Revenge gambling mostly comes when one begins chasing their losses and that is one thing I barely do, not lately anymore and it really helped.

It was the first look of the majority who are here in crypto but it has changed along the way as they had also learned what really it is.
It was time to correct that views and also the mindset of the newcomers, and we have to think about the consequences of being here having no knowledge and skills. If we lose yesterday or even today, we have to leave that way as it usually happens but we never chase them and put pressure on getting it back as this could only lead us to lose more.

[alastantiger]

~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

Revenge trading is forced trading as a result of emotions. You made a loss and feel a strong urge to win back what you have lost and so they prepare to take an unplanned risks that you wouldn't have normally. Here your trading is dependent on your gains and losses. It is good to have other traders in your network that you can immediately talk to whenever you have the urge to chase your losses. They will help you see through your emotional -beclouded thinking. Always have that go-to person.

[palle11]

Revenge gambling mostly comes when one begins chasing their losses and that is one thing I barely do, not lately anymore and it really helped.

Inexperienced traders are those who still practice revenge trading. It is better to let lost money go and focus on the future and that is why the chart is analysed for the future happening. Go to the market fresh after every closed trade and not to feel that you want to get back what was lost, you are going to allow your emotions decide what you should do instead of having a good grasp of the market analysis.

[qwertyup23]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?

I do not think that I have encountered the term "revenge trading" but it somehow implies that a person would trade due to their frustration on incurring their losses. Personally, I find this method really risky as you are basing it almost purely on one's emotional drive on the reason they would trade again.

~ Do you think people intentionally go into revenge trading or is is just emotional?

I do think that there is a factor of emotional drive that compels them to trade again. The problem is that most traders gamble their funds large-scale. They trade large amounts of resources and they hope of recovering such losses by trading again. This potentially can impair their judgement especially if they tend to lose more in the process.

~ what will you advise someone making series of losses ?

My number one advice is to always clear your head and move on. Once you experience a loss on your trade, consider it as a normal occurrence. Remember that trading by itself is a risky venture where no profit is absolute to realize. Learn from your experience as this differentiates a newbie trader from an experienced one.

[TheUltraElite]

Inexperienced traders are those who still practice revenge trading. It is better to let lost money go and focus on the future and that is why the chart is analysed for the future happening. Go to the market fresh after every closed trade and not to feel that you want to get back what was lost, you are going to allow your emotions decide what you should do instead of having a good grasp of the market analysis.

Controlling emotions is not important but necessary in trading, otherwise its going downhill no matter what. Most newbies are making this mistake more often than it gets reported on this forum but I guess veteran traders are also prone to making the same. So it should be a lesson for every one who is involved in actively trading at current times.

No amount of emotionally driven trades would recover money lost. In spot trading you still own the opposite asset which you can sell in future, so all is not lost. In other forms of trading, which is basically an EV- game, you are out of luck and you should not try to chase the loss.

[Lanatsa]

Inexperienced traders are those who still practice revenge trading. It is better to let lost money go and focus on the future and that is why the chart is analysed for the future happening. Go to the market fresh after every closed trade and not to feel that you want to get back what was lost, you are going to allow your emotions decide what you should do instead of having a good grasp of the market analysis.

Controlling emotions is not important but necessary in trading, otherwise its going downhill no matter what. Most newbies are making this mistake more often than it gets reported on this forum but I guess veteran traders are also prone to making the same. So it should be a lesson for every one who is involved in actively trading at current times.

No amount of emotionally driven trades would recover money lost. In spot trading you still own the opposite asset which you can sell in future, so all is not lost. In other forms of trading, which is basically an EV- game, you are out of luck and you should not try to chase the loss.

Emotional handling is really that very crucial and not only on trading but also in other aspects in life too on which you should really be having that good control of it because if not then you would really be finding

yourself into big or deep trouble just because you had just become that impulsive in towards your decisions just because you had just let out that emotion control your mind
which it would really be that normal that you would be trying out to find on what are the sensible things to be done.

Dont make yourself find out on having that revenge emotion because it would really just mess up entirely your analysis.

[Kgdktac]

Revenge trading is a type of emotional trading where an individual might make impulsive trades as a reaction to a previous losing trade or a series of losing trades, in an attempt to recoup the losses.

This type of trading can be dangerous because it is often based on emotions rather than sound investment strategies. It can lead to overtrading, which can cause further losses and a spiral of revenge trading.

Instead of revenge trading, it's important to have a plan in place for managing losses and sticking to it. This might include cutting losses at a certain point, or taking a break from trading to clear one's head.
It's also important to not let emotions drive trading decisions and to focus on making rational, data-driven decisions.
It's important to remember that trading is inherently risky and that losses are a normal part of the process, and it's important to have a strategy in place to manage them and not to let emotions drive your decision making.

[xSkylarx]

Inexperienced traders are those who still practice revenge trading. It is better to let lost money go and focus on the future and that is why the chart is analysed for the future happening. Go to the market fresh after every closed trade and not to feel that you want to get back what was lost, you are going to allow your emotions decide what you should do instead of having a good grasp of the market analysis.

Controlling emotions is not important but necessary in trading, otherwise its going downhill no matter what. Most newbies are making this mistake more often than it gets reported on this forum but I guess veteran traders are also prone to making the same. So it should be a lesson for every one who is involved in actively trading at current times.

No amount of emotionally driven trades would recover money lost. In spot trading you still own the opposite asset which you can sell in future, so all is not lost. In other forms of trading, which is basically an EV- game, you are out of luck and you should not try to chase the loss.

Emotional handling is really that very crucial and not only on trading but also in other aspects in life too on which you should really be having that good control of it because if not then you would really be finding

yourself into big or deep trouble just because you had just become that impulsive in towards your decisions just because you had just let out that emotion control your mind
which it would really be that normal that you would be trying out to find on what are the sensible things to be done.

Dont make yourself find out on having that revenge emotion because it would really just mess up entirely your analysis.

If you let your emotions control you, you'll get into a lot of trouble. For example, if you feel happy spending money on wants, if you let that happiness ruin you, you'll keep buying things. Similarly, if you are greedy and get overwhelmed by winnings or losses, you will now trade with larger lot sizes. I've read also in a book that we should act like machines or computers, where no emotions kick in, only algorithms, and find the best solutions to a particular situation. If we can really do that, we won't get into any trouble.

[Natalim]

Revenge trading is a type of emotional trading where an individual might make impulsive trades as a reaction to a previous losing trade or a series of losing trades, in an attempt to recoup the losses.

This type of trading can be dangerous because it is often based on emotions rather than sound investment strategies. It can lead to overtrading, which can cause further losses and a spiral of revenge trading.

A feeling that could bring us more losses, than profit. Because no matter how good you are at trading but once emotions have been controlling your mind, it sure it went wrong.  Traders must be emotionally strong and remain calm despite suffering losses. Chasing the amount that we have lose yesterday can't help anymore but can only bother us too much and can't think well and ruins our plan. So instead of doing this, better to correct our mistakes first as this is the best solution to take, not revenge and doubling your funds as it never works.

[arwin100]

Its just an emotion and they only think they got revenge because coincidentally they win after they lose on their last trade. But actually this one doesn't seem exist since its just your lucky at that time you secured your profit after your trade became successful.

Although there's nothing wrong about thinking like this since somehow if this one helps since it could challenge them maybe this could give them more determination to possibly win each trade or positions they do.

[TheUltraElite]

If you let your emotions control you, you'll get into a lot of trouble. For example, if you feel happy spending money on wants, if you let that happiness ruin you, you'll keep buying things. Similarly, if you are greedy and get overwhelmed by winnings or losses, you will now trade with larger lot sizes. I've read also in a book that we should act like machines or computers, where no emotions kick in, only algorithms, and find the best solutions to a particular situation. If we can really do that, we won't get into any trouble.

Compulsive stock market investment is now a new disease included in the DSM and henceforth we must make people who are prone to develop such compulsions aware of the same that this is a problem and they need to stop before they burn themselves out.

Point is that either type of compulsive actions are destructive, be it in gambling or trading or shopping or eating etc. However this compulsion comes as a counter mechanism to another obsession. Truly this revenge trading is a problem if someone is doing it regularly. Trading must be done with patience and research, waiting for the low price, pouncing on that and waiting till the high is reached to sell. Only then it an organized execution yielding the maximum possible profit.

[Hamza2424]

Revenge trading, is my first time hearing this term is it like some personal grudges from the pair side haha which you are trading? Well anyway, trading is a game of emotions and revenge is one of the cruel emotions in my view which can destroy your portfolio. So take my humble advice and forget about the GF revenge from the trading pair and move to the next one not GF to a new pair.

[Yamifoud]

 Well anyway, trading is a game of emotions and revenge is one of the cruel emotions in my view which can destroy your portfolio. So take my humble advice and forget about the GF revenge from the trading pair and move to the next one not GF to a new pair.

The more we lose control of our emotions, the more we lose - that is the reality. Chasing what we lost in the past is a big mistake as this will also trigger high emotions and brings more losses. That is indeed we need to forget what we did wrong in the past but instead, we make those things as a lesson and make a reason why we should be more careful today and in the coming days. We also have to keep in mind that trading is not always earning a profit and losing is a part of it.

[justdimin]

Compulsive stock market investment is now a new disease included in the DSM and henceforth we must make people who are prone to develop such compulsions aware of the same that this is a problem and they need to stop before they burn themselves out.

Point is that either type of compulsive actions are destructive, be it in gambling or trading or shopping or eating etc. However this compulsion comes as a counter mechanism to another obsession. Truly this revenge trading is a problem if someone is doing it regularly. Trading must be done with patience and research, waiting for the low price, pouncing on that and waiting till the high is reached to sell. Only then it an organized execution yielding the maximum possible profit.

That is actually a very serious one, considering how easy it became to be a retail investor and you do not need some broker in wall street to do it for you, there are a lot of people who download apps on their phone and trade stocks there. This results with plenty of people who have absolutely no idea how they can trade, end up trying to make money from it.

There are some small few cases which it worked, retail investor vs big hedge funds in like Gamestop stock being pushed to limits. But usually that results with retail investors like you and me losing money. It is not "too" different in crypto neither, there are top guys who make money, and panic sellers who lose.

[Jody.Drummer]

 Well anyway, trading is a game of emotions and revenge is one of the cruel emotions in my view which can destroy your portfolio. So take my humble advice and forget about the GF revenge from the trading pair and move to the next one not GF to a new pair.

The more we lose control of our emotions, the more we lose - that is the reality. Chasing what we lost in the past is a big mistake as this will also trigger high emotions and brings more losses. That is indeed we need to forget what we did wrong in the past but instead, we make those things as a lesson and make a reason why we should be more careful today and in the coming days. We also have to keep in mind that trading is not always earning a profit and losing is a part of it.

We really have to have management when to leave and when to enter. When should we leave when we lose and when should we leave when we gain. Yes, that is still very difficult to do even though we are someone who has been doing this for a long time. We always wish that when we are profitable, we always think we can exceed our profit at that time, and when we lose, sometimes we want to recover losses, even though that is something that should not be done when trading.

[Bushdark]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?
~ Do you think people intentionally go into revenge trading or is is just emotional?
~ what will you advise someone making series of losses ?

I had tried revenge trading many times and I had always see myself losing. Trading is something we need to out our mind and be focus and also we need to understand some certain things about tarding that will boast us above the level of the struggling traders.
We need to calm ourselves down when ever we make loses and that should not make us depressed.

Most time when I make loses and always relexed myself and get some good food to easch. Sometimes I will leave trading for a while and  go out with friends so I have relax myself and have a good time. The money we are making as profits I'm trading is not our own, its another person's money so need to calm down when we also make loses just like everyone.

[borovichok]

I had tried revenge trading many times and I had always see myself losing. Trading is something we need to out our mind and be focus and also we need to understand some certain things about tarding that will boast us above the level of the struggling traders.
We need to calm ourselves down when ever we make loses and that should not make us depressed.

Most time when I make loses and always relexed myself and get some good food to easch. Sometimes I will leave trading for a while and  go out with friends so I have relax myself and have a good time. The money we are making as profits I'm trading is not our own, its another person's money so need to calm down when we also make loses just like everyone.

One of the riskiest things to consider in the world is revenge, let alone really carrying it out. The best course of action while in a losing trading position is to either close the position and wait for another day or look for good market entrances that will result in good profits and leave one smiling at the end. Trading mindsets need to be changed; revenge is probably not even an option. The market is probably not what we think it is. Although losses are unavoidable, they can be minimized to some extent using sound trading techniques.

[cytpoway121]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?

In simple words, revenge trading is a scenario that takes place after you have lost more than half of your capital. So you are desperate to recover your funds by buying into every hype you come across until you have lost all of your capital.

what is your take on revenge trading?

Revenge trading is bad, it is easiest way to wreck your trading capital and your entire savings; it also happens when you pour all your emotions into a trade. Remember to never trade with your emotions

~ Do you think people intentionally go into revenge trading or is is just emotional?

Revenge trading is not an intentional act; instead it is an action borne out of desperation and triggered by too many losses.

~ what will you advise someone making series of losses ?

IF you encounter series of losses, lets say about 75% of your capital; stop trading, take a break; then return. On your return, find out what you are doing wrong and why you have so many losses; find a solution to your troubles before resuming trade again

[LUCKMCFLY]

Of recent, I've come across alot of people talking about traders chasing their losses which at the end, leads to possible blowing of accounts.
I understand that people trade with expections and most times when this expectations aren't met, they try as much as possible to chase after their losses and my questions are
~ what is your take on revenge trading?

In simple words, revenge trading is a scenario that takes place after you have lost more than half of your capital. So you are desperate to recover your funds by buying into every hype you come across until you have lost all of your capital.

what is your take on revenge trading?

Revenge trading is bad, it is easiest way to wreck your trading capital and your entire savings; it also happens when you pour all your emotions into a trade. Remember to never trade with your emotions

~ Do you think people intentionally go into revenge trading or is is just emotional?

Revenge trading is not an intentional act; instead it is an action borne out of desperation and triggered by too many losses.

~ what will you advise someone making series of losses ?

IF you encounter series of losses, lets say about 75% of your capital; stop trading, take a break; then return. On your return, find out what you are doing wrong and why you have so many losses; find a solution to your troubles before resuming trade again

They are good advice, also you have to keep something in mind, every time we win it is because another trader lost, an exchange or a broker will never lose, that is the first thing to know.

For these reasons, thinking about seeking revenge is a bad decision, also the market is simply benevolent, it will always give us the opportunity to enter at another time, and perhaps that other time is the best opportunity to win and recover what was lost, that's right. what every trader should do, and remember that at some point if he lost it was because of the trader himself, for having chosen the wrong move.