Never revenge the market!

[Natalim]

We all know how profitable trading can be and how frustrating it can too, but nevertheless never try to get back at the market.
Just because you've lost a lot doesn't mean you next strategy is getting back all your losses on one piece .

We cant chase after losses on trades, if not we may continue to make loses and never have a single opportunity of recovering back, instead, we need to only intensify what we know about trading and improve on our strategies in trading, this may help to an extent, the more we are having a better understanding regarding how to trade and keep improving on our exposures on it,  we are going to have more better opportunities ahead of is irrespective of the strategies we have adopted for use already.

Its really impossible to trade with profits every after losses, because even professionals still cannot manage their trades well and still end up losing consecutively. Don’t chase over the market and do revenge. You will never win over a highly speculative trading market. Instead, trade with small funds only so that you can manage your small losses every now and then, and develop more working strategies in case you are losing consistently with your current strategy.

[Dr.Bitcoin_Strange]

As a trader, it's wise to know that the crypto market is very dynamic; even if you feel you have the right winning strategy to profit from the market trend, the price can still go against your prediction. That's why a trader must be ready to accept whatever result they get and also plan not to venture into revengeful trading habits because it can cause more losses. It's better to enter a position if the signal is very strong rather than enter a risky position that is not yet very certain. 

[Barikui1]

We all know how profitable trading can be and how frustrating it can too, but nevertheless never try to get back at the market.
Just because you've lost a lot doesn't mean you next strategy is getting back all your losses on one piece . No!
First of all you have to see to it that you are psychologically prepared to trade, you need to build confidence..
No matter how much you've lost you need to take a break, get your mind off do something that can help build confidence, restrategize
Trade risk free, trade like you haven't had any losses not like a gambler.
A friend of mine who lost hope in trading was advicing some one else , he said " if you wanna go into trading you need to have a family doctor close by"😂
I laughed my eyes out, but in order to avoid the same ordeal he went through I learnt to trade this way, I make sure I bear in mind that no matter the outcome I'm ready for it .
This is how you trade, it's all about composure, belief etc.

It's actually not just sad but also pathetic for most traders to still think that way, thinking that they can get back what they have lost by force, by doing revenge trading, they don't know that the way trading is designed, once you start making any emotional decisions, you are bound to lose more money, but most times most traders will be too blind to see, because their emotions is totally in control of them, and as a trader, if you can't be in control of your emotions, then you aren't ready to make money in trading.

Secondly, when talking of revenge trading, I believe that is mainly done by newbies traders, not experience traders, because experience traders have been in the market long enough to understand that anytime you gets emotional while trading, you are definitely sure of losing money, so I believe that it's mostly newbies traders that falls into the trap of doing revenge trading, unless an experience trader just want to be stupid, by doing something that he already knew of the final outcome.

[arwin100]

We all know how profitable trading can be and how frustrating it can too, but nevertheless never try to get back at the market.
Just because you've lost a lot doesn't mean you next strategy is getting back all your losses on one piece .

We cant chase after losses on trades, if not we may continue to make loses and never have a single opportunity of recovering back, instead, we need to only intensify what we know about trading and improve on our strategies in trading, this may help to an extent, the more we are having a better understanding regarding how to trade and keep improving on our exposures on it,  we are going to have more better opportunities ahead of is irrespective of the strategies we have adopted for use already.

Its really impossible to trade with profits every after losses, because even professionals still cannot manage their trades well and still end up losing consecutively. Don’t chase over the market and do revenge. You will never win over a highly speculative trading market. Instead, trade with small funds only so that you can manage your small losses every now and then, and develop more working strategies in case you are losing consistently with your current strategy.

We are been bothered by losses happened to us and for sure that we cannot think properly that's why its more better for us to stop our trading activity for a while if we already experience a heavy loss.

Much better to think about having a new session especially if we feel relax and we can do that maybe in next day. Revenge trading is like chasing our losses back, this is not good attitude to have by traders since usually we will just end up being problematic on possible next action we do. Dealing with market is stressful and it will add up those negative vibes if we are starting to lose so we need to think more better and accept that there are days we became a total loser.

[Awaklara]

As a trader, it's wise to know that the crypto market is very dynamic; even if you feel you have the right winning strategy to profit from the market trend, the price can still go against your prediction. That's why a trader must be ready to accept whatever result they get and also plan not to venture into revengeful trading habits because it can cause more losses. It's better to enter a position if the signal is very strong rather than enter a risky position that is not yet very certain. 

that's right, maybe such a situation is often experienced by those who start day trading. and will force themselves to trade even though the market situation may not be very supportive.
some losses can occur in forced trading. but clearing a grudge against the market and forcing yourself to make a profit can mess up your trading. that's because when it's possible that people who are influenced by grudges and ambitions can plan their trades to the maximum.

[Hurley27]

As a trader, it's wise to know that the crypto market is very dynamic; even if you feel you have the right winning strategy to profit from the market trend, the price can still go against your prediction. That's why a trader must be ready to accept whatever result they get and also plan not to venture into revengeful trading habits because it can cause more losses. It's better to enter a position if the signal is very strong rather than enter a risky position that is not yet very certain.

Spot on. Crypto and forex, stock markets move significantly different. One should not apply the same strategies they use in forex to crypto. Crypto markets a significantly more impulsive and volatile markets. They are not bound by the traditional ranges of the forex markets and being unregulated, crypto can soar or dive very quickly.

We all know how profitable trading can be and how frustrating it can too, but nevertheless never try to get back at the market.
Just because you've lost a lot doesn't mean you next strategy is getting back all your losses on one piece .

We cant chase after losses on trades, if not we may continue to make loses and never have a single opportunity of recovering back, instead, we need to only intensify what we know about trading and improve on our strategies in trading, this may help to an extent, the more we are having a better understanding regarding how to trade and keep improving on our exposures on it,  we are going to have more better opportunities ahead of is irrespective of the strategies we have adopted for use already.

Its really impossible to trade with profits every after losses, because even professionals still cannot manage their trades well and still end up losing consecutively. Don’t chase over the market and do revenge. You will never win over a highly speculative trading market. Instead, trade with small funds only so that you can manage your small losses every now and then, and develop more working strategies in case you are losing consistently with your current strategy.

Diversifying your strategies will help SIGNIFICANTLY as a trader. The problem with ppl who use one strategy is that very often they don't get all conditions required to enter a trade. As such, there will be a lot of sitting around. Then the FOMO (fear of missing out) psychology kicks in and they enter trades which don't satisfy all the prerequisites for their strategy. If you have a range of strategies (backtested) and know when and how to use and apply indicators, you will for sure get quite a few trade opportunities and even better, you will have several options when looking for confluences. Risk management should always be employed and this is something that most traders tend not to respect.

[shawonngp]

Revenge with market it's not a good idea in trading, but the mindset of many of us is that, after giving a loss then we want to recover it again very quickly at any cost, but i see in the most cases the result are more terrible, because when a trader trying to trade with high leverage, most of the traders can not success.

[crwth]

It is like gambling and revenge betting because you lose a lot first. I think that would become so emotional that it wouldn’t always be the right decision. I do hope that No one does, and even more not having leverage trades if you cannot afford it.

It is better to relax and then trade again.

[jaberwock]

We all know how profitable trading can be

I think that sounds like it is really profitable but I think that's not really true. Often times I heard horrible stories about trading, especially from the newbies, while those who already gained enough experience can only earn sufficient amounts to recover what they have risk and there can only be rare times where they can earn a really good profits. It's either they get lucky or the market is in really good shape.

We cant chase after losses on trades

Of course we can, I mean it is possible but it is not advisable because this is an act of greediness and usually, we can only make another loss after the other. It is like there is a curse on it but a scientific explanation is we are not yet prepared (i.e. we lack in analysis).

[bitgolden]

First of all you have to see to it that you are psychologically prepared to trade, you need to build confidence..
No matter how much you've lost you need to take a break, get your mind off do something that can help build confidence, restrategize

Being confident by preparing ourselves mentally are kind of things what mentors do teach to their paid subscribers or beginners but I am not seeing nothing works at the end of the day in day trading. Still what I agree with you here on this topic is, never treat market as your enemy for your loses. It is not the market which took your money but a fellow trader who is just like you but another person, that's all.

Taking a break may get you forget all your bitter things which just happened in your last sessions of trading. Other than this, no other benefits we can enjoy in your trading after a break. Re-strategize will help you to delay your next trade but I am 100% sure your new strategy got nothing to do with your next result. In other terms, your profit making chance is purely depends on your luck in day trading.

Instead, trade seriously and carefully as if you have no more capital because that way you will demand yourself to focus on avoiding mistakes.

If we are capable of avoiding mistake then we can be billionaires out of trading for sure. But the truth is market volatility will enforce the traders to commit the mistakes, no escape from this. In other terms, there are millions of possibility for missing something in day trading; your memory power will not be enough to remembering all your past experiences to avoid your mistakes even if you are careful on not repeating your own mistake, there are other pits to fall into.

Instead of trading, you can just decide to invest, and if you're investing, make sure it’s in bitcoin.

Yes, it is the only alternate for trading. People look for recovering their losses only from trading but they will quit trading when they realize about the possibility of recovering their losses in 100x from investing for years.

[justdimin]

Know your limits in trading. Learn to trade when there are high probability to be in profits, but learn not to trade when you only see are possible losses in the end. After all, you will eventually make profits if you know what you are doing without taking a revenge in the market, because obviously no one can beat such an unpredictable market. You can trade and make possible profits, but you can never chase all your losses and turn them all into profits the next time you trade.

That is true, if you do not want to take a revenge but instead try to learn and navigate through this market without an issue then you will be able to make a lot more profit. Revenge isn't a feeling that is helpful and I believe that you should be considering how to get better results over a period of time, if you can do that then you are going to be fine.

Remember, making money in the crypto market only happens if you study the market well enough and trading, you should know all the indicators, chart reading, technical analysis, and in the end if you still lose that's bad luck but you should normally be in a situation where you would be making a good amount of money, without that type of thing you are going to end up with issues so always have a better result whenever you could do that. Obviously a lot of people also just trade wildly without looking at anything else and put it on like memes or stuff and they lose it all, don't be risk taker in that sense.

[Fiatless]

Seriously, I will say not everyone is supposed to be trading. If you know trading is not for you, then it’s better you stop trading. Instead of causing yourself some health challenges, there are other things you can do to make money. Instead of trading, you can just decide to invest, and if you're investing, make sure it’s in bitcoin.

Traders suffer from health problems because they invest more than they can bear. I also agree that trading is not for everybody because not everyone can take risks or endure losses. I usually advise people not to engage in trading because somebody recommended the profession. They have to consider their health and temperament. Other businesses are very lucrative besides trading. 

As a trader, it's wise to know that the crypto market is very dynamic; even if you feel you have the right winning strategy to profit from the market trend, the price can still go against your prediction. That's why a trader must be ready to accept whatever result they get and also plan not to venture into revengeful trading habits because it can cause more losses. It's better to enter a position if the signal is very strong rather than enter a risky position that is not yet very certain. 

Revenging the market is like chasing losses in gambling. When you feel that you have devised a strategy that you will adopt to regain your losses, you might end up losing more. The best approach is to always maintain your risk level and budget even if you have experienced some losses before. A boxer who goes into the ring, because he wants to revenge his past defeat, might make costly mistakes because he is not psychologically balanced. I prefer to take a long break after successive losses than to embark on the dangerous pursuit of revenging the market. 

[livingfree]

I agree about taking a break. Many don't take break when they are losing. It's almost the same as gambling when they think that recovery in trading and against the market is very easy and comfortable.

It doesn't go like that too easy because it takes time until someone is able to read the market and trade and become emotionless.

Who are able to market are the ones that don't get triggered quickly. They have plans that they are following and they don't take someone's advise as their financial advise because they have their plans.

[Mahanton]

Seriously, I will say not everyone is supposed to be trading. If you know trading is not for you, then it’s better you stop trading. Instead of causing yourself some health challenges, there are other things you can do to make money. Instead of trading, you can just decide to invest, and if you're investing, make sure it’s in bitcoin.

Traders suffer from health problems because they invest more than they can bear. I also agree that trading is not for everybody because not everyone can take risks or endure losses. I usually advise people not to engage in trading because somebody recommended the profession. They have to consider their health and temperament. Other businesses are very lucrative besides trading. 

As a trader, it's wise to know that the crypto market is very dynamic; even if you feel you have the right winning strategy to profit from the market trend, the price can still go against your prediction. That's why a trader must be ready to accept whatever result they get and also plan not to venture into revengeful trading habits because it can cause more losses. It's better to enter a position if the signal is very strong rather than enter a risky position that is not yet very certain. 

Revenging the market is like chasing losses in gambling. When you feel that you have devised a strategy that you will adopt to regain your losses, you might end up losing more. The best approach is to always maintain your risk level and budget even if you have experienced some losses before. A boxer who goes into the ring, because he wants to revenge his past defeat, might make costly mistakes because he is not psychologically balanced. I prefer to take a long break after successive losses than to embark on the dangerous pursuit of revenging the market. 

Precise comparison on which its true that revenge into the market would really be same as goes when you are trying out to chase loses on the time that you do gambling on which we do know that its really that advisable or recommended on doing such stuff on which we know that this would really be that resulting into that huge disaster on the time that you would really be having this kind of behavior.
You cant really just that make yourself be that totally safe on the time that you would really be hovering yourself towards the market. It would really be that recommended that you should
really be that making yourself be versatile on whatever the conditions that you would really be taking. Never ever make yourself that having that kind of impulsive feeling.

On the time or moment that you would really be trying out to have such behavior then it wont really be that much different when you do gambling and this is something that you must avoid
as much as you could because it would really be resulting into negative when you are really that trying to tolerate out such condition. This is why it would really be that
important that you should really be trying out to adjust accordingly on what must done.

[Questat]

Even of you decide to make a revenge on the market, you will never be successful on that, simply because the market has always an edge over its traders. Don't rush into trading and make consistent losses, that only proves that you are not good enough as a trader. But learn from your mistakes and continue to learn, but never dare to chase over your losses and take a revenge, it's like you are barking at a wrong tree. Any trader cannot control how will the market moves in the future, but the market can always have an effect to us traders.

[Zigabel]

We all know how profitable trading can be and how frustrating it can too, but nevertheless never try to get back at the market.
Just because you've lost a lot doesn't mean you next strategy is getting back all your losses on one piece . No!
First of all you have to see to it that you are psychologically prepared to trade, you need to build confidence..
No matter how much you've lost you need to take a break, get your mind off do something that can help build confidence, restrategize
Trade risk free, trade like you haven't had any losses not like a gambler.
A friend of mine who lost hope in trading was advicing some one else , he said " if you wanna go into trading you need to have a family doctor close by"😂
I laughed my eyes out, but in order to avoid the same ordeal he went through I learnt to trade this way, I make sure I bear in mind that no matter the outcome I'm ready for it .
This is how you trade, it's all about composure, belief etc.

Revenge trade is the worse and yet un profitable form of trading that any trade would want to engage in, it also shows how unprofessional and unexperienced a trader is, this can also express how one isn't disciplined too aswell, but if the trader is disciplined enough, they will be able to accept losses when it comes and also be able to take profits in such a way that it wouldn't be get to them in a way they would want to try out some more risk when its not necessary.

The fried of yours   who was giving out such advise may be more of an emotional trader, such persons are those who are likely to make such comment because some how, they see trading as a gimmick and fail to understand that there can be more to trading than just coming on the charts and placing trades and hope to make profits of the trades they have placed over the times they did placed the trade. If you have been able to imbibe good discipline and trading habits, then you may not be needing to think of trading in that way. take charge of your emotions and get trading even better such that you will not be having to fear about having a doctor around.

[doomloop]

We all know how profitable trading can be and how frustrating it can too, but nevertheless never try to get back at the market.
Just because you've lost a lot doesn't mean you next strategy is getting back all your losses on one piece . No!
First of all you have to see to it that you are psychologically prepared to trade, you need to build confidence..
No matter how much you've lost you need to take a break, get your mind off do something that can help build confidence, restrategize
Trade risk free, trade like you haven't had any losses not like a gambler.
A friend of mine who lost hope in trading was advicing some one else , he said " if you wanna go into trading you need to have a family doctor close by"😂
I laughed my eyes out, but in order to avoid the same ordeal he went through I learnt to trade this way, I make sure I bear in mind that no matter the outcome I'm ready for it .
This is how you trade, it's all about composure, belief etc.

Being ready to accept any outcome is the first thing one should learn when they are getting into trading because no matter how good you become, you will not always be able to predict the moves of the market correctly, and there will be times when you will need to suffer losses and that should be okay for you because you should have your mind prepared to accept that. When you get into a volatile market, you should understand that there are going to be risks involved.

People who lack patience can barely become successful traders because they will give up easily. No matter what you do in this world, you can't become successful in the first attempt, even if you do, you shouldn't expect to stay successful forever. There will surely be ups and downs in the journey, so be ready for it.

[milewilda]

We all know how profitable trading can be and how frustrating it can too, but nevertheless never try to get back at the market.
Just because you've lost a lot doesn't mean you next strategy is getting back all your losses on one piece . No!
First of all you have to see to it that you are psychologically prepared to trade, you need to build confidence..
No matter how much you've lost you need to take a break, get your mind off do something that can help build confidence, restrategize
Trade risk free, trade like you haven't had any losses not like a gambler.
A friend of mine who lost hope in trading was advicing some one else , he said " if you wanna go into trading you need to have a family doctor close by"😂
I laughed my eyes out, but in order to avoid the same ordeal he went through I learnt to trade this way, I make sure I bear in mind that no matter the outcome I'm ready for it .
This is how you trade, it's all about composure, belief etc.

Being ready to accept any outcome is the first thing one should learn when they are getting into trading because no matter how good you become, you will not always be able to predict the moves of the market correctly, and there will be times when you will need to suffer losses and that should be okay for you because you should have your mind prepared to accept that. When you get into a volatile market, you should understand that there are going to be risks involved.

People who lack patience can barely become successful traders because they will give up easily. No matter what you do in this world, you can't become successful in the first attempt, even if you do, you shouldn't expect to stay successful forever. There will surely be ups and downs in the journey, so be ready for it.

Expect every possible out come and this would really be the key and this isnt something that will really be that making you that too impulsive because on the time that you had experienced something on which you hadnt been able to accept then you would really be finding yourself to be that highly reactive and because of that then you would really be that making actions on which arent supposed to be done. Just like on what others been saying above that you shouldnt really be that making yourself that chasing up those loses or simply making up some revenge trades because most of the time on which these kind of trades are really that having no to less analysis kind of trades or simply it is really that been driven with emotions and thats why it will really be not that always a good shot to be done by someone on the time that they do make trading.

It would really be that ideal that you would really be that making yourself that too desperate on which on the time that you would be losing up some trades then you would really be coming up wit that kind of behavior no whichwe know that this isnt really that recommended. Dealing up with unpedictable space would really be needing up kind of versatile kind of personality on which
you could really be able to adjust accordingly.

[stadus]

Just because you've lost a lot doesn't mean your next strategy is to get back all your losses on one piece . No!

With proper risk management as a trader, you will lose less. Traders who really understand risk management rarely get their accounts blown.

Secondly, the market does not care if you just lost, and if you trade with depression trying to get back your money, it will eat you again if you make a wrong trading decision.

Traders who have high uncontrollable emotions tend to lose a lot, that’s exactly the reason why emotions should be avoided when trading, or else you will mess up with your trades and your funds if you trade following your emotions.

However, with proper risk management, you will minimize your losses as well as increasing your chances to trade for profits. But I think newbies in trading will hardly realize this, not unless they’ll experience trading first and gain consecutive losses, then they will realize that proper risk management should be applied at all times.

[betswift]

As a trader, it's wise to know that the crypto market is very dynamic; even if you feel you have the right winning strategy to profit from the market trend, the price can still go against your prediction. That's why a trader must be ready to accept whatever result they get and also plan not to venture into revengeful trading habits because it can cause more losses. It's better to enter a position if the signal is very strong rather than enter a risky position that is not yet very certain. 

Yeah, sometimes things go south and you can't do anything with it. That wasn't your day, odds were stacked against you and factors that you analyzed didn't work out as intended.
Risk is always there, and there is nothing wrong with making mistakes or spending your funds wrong, but it's important to improve upon them.