Never revenge the market!

[Septex]

You must have proper knowledge about this before trading and you must research and analyze the market of the coin you will be trading otherwise you are more likely to lose than gain if you suddenly trade from here. So I would say if you are interested in trading then you can start trading with small funds if you get profit from here you will get motivation and in future with this motivation you will be interested to trade slowly and later on you will learn slowly. So I would say try to stay with more interested and experienced people before you trade.

[Farma]

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.

Trading is not what we can just go into because we are more concerned with our desperation for making profits from it, things don't happen like that, we may just have to go through the learning process in knowing better on how to trade and get some little experience about it before starting, we can not also make a determination on a specific bid to go after any losses incur during the process, if we more more understanding on how to trade, we are going to have a reduced rate of falling from it to lose, and we may not have to view the market from a single approach because things can change at anytime when dealing with a volatile investments like crypto.

When someone decides to trade, of course they must first have good knowledge of trading because without having knowledge, of course they will not be able to make the right decisions and benefit them when trading and it is also very important for anyone who wants to start trading to first learn it and try with a little capital so that they can try again when they fail at the beginning of trying it and in trading of course many things can happen and when we fail, it would be better for us to stop for a moment because if we continue to chase losses, of course we cannot make the right decisions and re-analyze the trading that we do and never make decisions without analyzing before deciding something in trading.

[hyudien]

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.

While taking such risk, it's wise to know what you are up against and also be confident to accept the losses that comes afterwards. Some persons are only pressing forward in taking those risk because they are expecting a huge profit in return, they don't tend to think that the market is dynamic and can still fail them if they don't take their time to make an accurate analysis for the market direction. One need to learn from their mistakes and improve themselve.

I agree that when making a mistake it does not mean we are bad, because mistakes can happen anytime and anywhere and can be considered something natural. But the problem is that some of them misunderstand the natural here and that is not justified, we cannot justify mistakes that continue to repeat themselves, because following the logic at the beginning which considers mistakes to be something natural. We are required to always correct mistakes so that they do not happen in the future.
For example, I know that what we did before made us lose and we conclude it as a mistake. But at the same time we still do it again in the future, clearly that is a stupid thing.
We must remember that trading will be very sensitive because it is directly related to our finances, we must be smart about this.

[justdimin]

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.

While taking such risk, it's wise to know what you are up against and also be confident to accept the losses that comes afterwards. Some persons are only pressing forward in taking those risk because they are expecting a huge profit in return, they don't tend to think that the market is dynamic and can still fail them if they don't take their time to make an accurate analysis for the market direction. One need to learn from their mistakes and improve themselve.

It depends on the risk we are taking as well. I mean if you are taking some useless risk then its not ok to take those risks just to learn later on, because you should already know about it and not make that kind of mistakes to begin with. I mean think about it, there are tokens which are memecoins and not even in the top 3000 list at CMC, and there are people funding those, do you really need to know anything before not investing into those?

You should know that there isn't really anything you could make money from those and that is why you should avoid them, there isn't anything you can learn from that, you should already know this. Of course you could make mistakes, there are levels of mistakes that is acceptable and that could make sense but that's only acceptable if you take a risk that makes sense to people as well, otherwise if you are investing into something shitty then do not consider that as a risk that you should be taking at all.

[ndutndut]

I agree that when making a mistake it does not mean we are bad, because mistakes can happen anytime and anywhere and can be considered something natural. But the problem is that some of them misunderstand the natural here and that is not justified, we cannot justify mistakes that continue to repeat themselves, because following the logic at the beginning which considers mistakes to be something natural. We are required to always correct mistakes so that they do not happen in the future.
For example, I know that what we did before made us lose and we conclude it as a mistake. But at the same time we still do it again in the future, clearly that is a stupid thing.
We must remember that trading will be very sensitive because it is directly related to our finances, we must be smart about this.

The point is, make mistakes as learning, because in trading sometimes we can get new knowledge or new strategies from a mistake. So, in trading it is natural for us to make mistakes, but if we continue to make mistakes, it becomes a problem, you need to evaluate your trading properly.

Because it must be admitted that one way for us to continue to learn from mistakes when doing trading activities is to evaluate ourselves and improve all decisions from every mistake we make. The mistakes we make as traders can lead to losses, because the capital we have will be reduced and wasted.

Make every trading mistake as an evaluation material and take a lot of knowledge from these mistakes so that in the future trading can be even better. Of course, the most important thing in trading is not to take revenge on the market because it is the same as us not being able to control our emotions. Whatever we do without being able to control our emotions will result in greater losses.

[Yeesha]

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.

When a trader is aware of the best way to manage the business, he can be a successful trader, the person will lose but still he will lose less, trading with depression causes a lot of losses for instance you trade and lose and you try to retrieve the money that was lose, you will lose more of your expenditure, you can be a successful trader by  understanding the ways and how trading work.

I agree that when making a mistake it does not mean we are bad, because mistakes can happen anytime and anywhere and can be considered something natural. But the problem is that some of them misunderstand the natural here and that is not justified, we cannot justify mistakes that continue to repeat themselves, because following the logic at the beginning which considers mistakes to be something natural. We are required to always correct mistakes so that they do not happen in the future.
For example, I know that what we did before made us lose and we conclude it as a mistake. But at the same time we still do it again in the future, clearly that is a stupid thing.
We must remember that trading will be very sensitive because it is directly related to our finances, we must be smart about this.

The point is, make mistakes as learning, because in trading sometimes we can get new knowledge or new strategies from a mistake. So, in trading it is natural for us to make mistakes, but if we continue to make mistakes, it becomes a problem, you need to evaluate your trading properly.

Because it must be admitted that one way for us to continue to learn from mistakes when doing trading activities is to evaluate ourselves and improve all decisions from every mistake we make. The mistakes we make as traders can lead to losses, because the capital we have will be reduced and wasted.

Make every trading mistake as an evaluation material and take a lot of knowledge from these mistakes so that in the future trading can be even better. Of course, the most important thing in trading is not to take revenge on the market because it is the same as us not being able to control our emotions. Whatever we do without being able to control our emotions will result in greater losses.

Trying to take revenge in trading is like punishing or making your own life miserable, because at the end the revenge will fall on you and you will be a loser, when you make mistake and learn from it, the knowledge and what you have learnt  from the mistake will serve as a key that will guide you in feature trading, and it will make you a successful trader, it can't prevent you from loosing totally but it will prevent you from loosing unnecessarily.

[kbhutto]

In trading, we must have a strong mentality when conditions are contrary to the system we live in, there is nothing we can do after losses have befallen many people. The market is always fluctuating at any time. Talking about wanting to make more profit from the losses we have experienced, this is a very difficult thing, especially if emotions cannot be controlled well. you are talking about controlling regular trading more carefully.

[aylabadia05]

In trading, we must have a strong mentality when conditions are contrary to the system we live in, there is nothing we can do after losses have befallen many people. The market is always fluctuating at any time. Talking about wanting to make more profit from the losses we have experienced, this is a very difficult thing, especially if emotions cannot be controlled well. you are talking about controlling regular trading more carefully.

If you trade with a strategy, it is very possible for you to make a profit. In fact, many traders trade because of their ambition to get rich quickly and make a lot of money, which is clearly difficult because it is very possible for some of them not to have a backup plan including having an emergency budget if the market does not match their expectations.

Many traders cannot do anything during a market correction because they do not have additional budget. This budget is intended to accumulate assets during price corrections, while they can resell them after prices recover and get a return.

[RockBell]

I agree that when making a mistake it does not mean we are bad, because mistakes can happen anytime and anywhere and can be considered something natural. But the problem is that some of them misunderstand the natural here and that is not justified, we cannot justify mistakes that continue to repeat themselves, because following the logic at the beginning which considers mistakes to be something natural. We are required to always correct mistakes so that they do not happen in the future.
For example, I know that what we did before made us lose and we conclude it as a mistake. But at the same time we still do it again in the future, clearly that is a stupid thing.
We must remember that trading will be very sensitive because it is directly related to our finances, we must be smart about this.

No matter how long you have been trading and with your level of experience you are still going to lose money and there I no way you can be perfect always, if the trade did not go your way why not let it go fact i feel like people that do revenge trading are still not yet mature in trading because it is childish and when you get used to stuffing like that you don't have much of an option than to be doing it always instead of letting it go, and you will continue losing money if proper knowledge is installed I don't think they will engage in such act. people and their mentality if not why would you want people to see your perfection, anywhere there is a mistake we should just embrace it and learn from it, because dueling on the same mistake believe me you won't learn because you will always dual on your mistake instead of improving on it. And there should be people you share things with so that when you make a mistake you learn from the advice they will give you because we can not always be a highlander of knowledge.

[Zoomic]

If you trade with a strategy, it is very possible for you to make a profit. In fact, many traders trade because of their ambition to get rich quickly and make a lot of money, which is clearly difficult because it is very possible for some of them not to have a backup plan including having an emergency budget if the market does not match their expectations.

This is obviously the cause of failure for lots of traders. Most of them do this unintentionally, especially when they have no real plan/strategy/direction, all they just want to do is trade and get profits. Losses are inevitable in trading, but with a good strategy, a trader who has lost money will be able to bounce back immediately. People need to understand that trading is not gambling where they have to rely on luck to gain fortunes, trading involves skills.  No skilled trader will be chasing after losses like that's the only strategy they've got, a trader who keeps doing this has alot to learn  and cannot be referred to as a skilled trader no matter how long he has been trading. Emotional control is a skill too all traders should develop, because once they fail to develop this skill, alot would be affected.

[ScamViruS]

In trading, we must have a strong mentality when conditions are contrary to the system we live in, there is nothing we can do after losses have befallen many people. The market is always fluctuating at any time. Talking about wanting to make more profit from the losses we have experienced, this is a very difficult thing, especially if emotions cannot be controlled well. you are talking about controlling regular trading more carefully.

Trading is all mentality game, those who can keep mentality strong during trading can do well in trading. If a trader loses in a trade, if the trader cannot control himself, he will face more losses by trading with over trades. So a trader needs to show maximum patience if he thinks he wants to stay here for long. I have seen from the experience that I have gained from being involved in this crypto market that it is difficult to survive in this market without a strong mentality.

[SOKO-DEKE]

I agree that when making a mistake it does not mean we are bad, because mistakes can happen anytime and anywhere and can be considered something natural. But the problem is that some of them misunderstand the natural here and that is not justified, we cannot justify mistakes that continue to repeat themselves, because following the logic at the beginning which considers mistakes to be something natural. We are required to always correct mistakes so that they do not happen in the future.
For example, I know that what we did before made us lose and we conclude it as a mistake. But at the same time we still do it again in the future, clearly that is a stupid thing.
We must remember that trading will be very sensitive because it is directly related to our finances, we must be smart about this.

The truth about trading is that it is not something easy to deal with because it is just a prediction, and some can't be perfect in predictions always. No matter how knowledgeable and experienced someone may be, they will definitely get it wrong sometimes. Nobody is above mistakes; it will surely happen. Sometimes, it's not that someone will make a mistake before they lose, but it can't just happen the way someone may have predicted it despite may have good analysis. It's very clear in trading that sometimes someone's prediction has to be perfect but it won't become trading sometime also work with lucky. However, it's true that as a trader, any mistake that  someone to makes lose money should be taken into consideration anytime he or she wants to enter the market, so it can avoid further losses.

[Dewi Aries]

In trading, we must have a strong mentality when conditions are contrary to the system we live in, there is nothing we can do after losses have befallen many people. The market is always fluctuating at any time. Talking about wanting to make more profit from the losses we have experienced, this is a very difficult thing, especially if emotions cannot be controlled well. you are talking about controlling regular trading more carefully.

Trading is all mentality game, those who can keep mentality strong during trading can do well in trading. If a trader loses in a trade, if the trader cannot control himself, he will face more losses by trading with over trades. So a trader needs to show maximum patience if he thinks he wants to stay here for long. I have seen from the experience that I have gained from being involved in this crypto market that it is difficult to survive in this market without a strong mentality.

True, it can be said that mentality is capital in the world of trading besides money, but I think it is unlikely for a beginner trader to immediately have a strong mentality in the world of trading because usually this mentality will only be formed when a trader has gone through several adaptation processes, meaning that for beginners it may be quite natural if at the beginning of their involvement they make various mistakes that should not be done such as several impulsive decisions without any reason that should not be done which ultimately makes them experience losses in greater amounts.

But over time a strong mentality should be formed when a trader already has more experience in the world of trading, meaning that for the problem of having a good and strong mentality I think this is not included in the initial plan such as risk management or strategy, because mentality can only be obtained when a trader has gone through the adaptation process.

[ScamViruS]

In trading, we must have a strong mentality when conditions are contrary to the system we live in, there is nothing we can do after losses have befallen many people. The market is always fluctuating at any time. Talking about wanting to make more profit from the losses we have experienced, this is a very difficult thing, especially if emotions cannot be controlled well. you are talking about controlling regular trading more carefully.

Trading is all mentality game, those who can keep mentality strong during trading can do well in trading. If a trader loses in a trade, if the trader cannot control himself, he will face more losses by trading with over trades. So a trader needs to show maximum patience if he thinks he wants to stay here for long. I have seen from the experience that I have gained from being involved in this crypto market that it is difficult to survive in this market without a strong mentality.

But over time a strong mentality should be formed when a trader already has more experience in the world of trading, meaning that for the problem of having a good and strong mentality I think this is not included in the initial plan such as risk management or strategy, because mentality can only be obtained when a trader has gone through the adaptation process.

Experience is very important for trading, when a trader gains experience and improves their skills, it is natural that their mentality becomes stronger. I have seen most of the successful traders spend a lot of time every day learning about trading, so trading is not an easy sector and it takes a lot of patience and mental strength to be good at it.

The learning process a trader needs to continue all the time to stay up to date with the times. Because the market does not always react in the same way, as a result, past experience in the market is often not effective. Therefore, to be a successful trader, one must have a strong mentality and be skillful enough to stay in the market even in all kinds of adverse conditions.

[mirakal]

I agree that when making a mistake it does not mean we are bad, because mistakes can happen anytime and anywhere and can be considered something natural. But the problem is that some of them misunderstand the natural here and that is not justified, we cannot justify mistakes that continue to repeat themselves, because following the logic at the beginning which considers mistakes to be something natural. We are required to always correct mistakes so that they do not happen in the future.
For example, I know that what we did before made us lose and we conclude it as a mistake. But at the same time we still do it again in the future, clearly that is a stupid thing.
We must remember that trading will be very sensitive because it is directly related to our finances, we must be smart about this.

The point is, make mistakes as learning, because in trading sometimes we can get new knowledge or new strategies from a mistake. So, in trading it is natural for us to make mistakes, but if we continue to make mistakes, it becomes a problem, you need to evaluate your trading properly.

Because it must be admitted that one way for us to continue to learn from mistakes when doing trading activities is to evaluate ourselves and improve all decisions from every mistake we make. The mistakes we make as traders can lead to losses, because the capital we have will be reduced and wasted.

Make every trading mistake as an evaluation material and take a lot of knowledge from these mistakes so that in the future trading can be even better. Of course, the most important thing in trading is not to take revenge on the market because it is the same as us not being able to control our emotions. Whatever we do without being able to control our emotions will result in greater losses.

Mistakes are what makes you successful in the process. If you don't endure from past mistakes, most likely you will never gain the success you dream of.

However, having some mistakes in trading that lead you to losses is not enough to take revenge in the market. One who does revenge is actually not in trading, but if you are trading seriously, learn from your mistakes and continue to please the market. In the end, the more you become considerate of the market, the higher rate of success you will achieve.

[tottong]

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"

Mental, knowledge and experience are indeed very much needed in trading so that people do not affect their psychology when experiencing unwanted problems.
Trading does prioritize returns, but trading does not promise profits every time, so people involved in it must understand this.
When involvement in trading only thinks about profit, I am sure this kind of person will need a doctor, because it will affect their mentality when experiencing losses.

Trade in a much more responsible way and if the trading skills you have are not that good, then try to trade with a slightly smaller capital.
The goal is to be able to train trading skills and learn to control yourself so as not to be so greedy in trading.

[hyudien]

I agree that when making a mistake it does not mean we are bad, because mistakes can happen anytime and anywhere and can be considered something natural. But the problem is that some of them misunderstand the natural here and that is not justified, we cannot justify mistakes that continue to repeat themselves, because following the logic at the beginning which considers mistakes to be something natural. We are required to always correct mistakes so that they do not happen in the future.
For example, I know that what we did before made us lose and we conclude it as a mistake. But at the same time we still do it again in the future, clearly that is a stupid thing.
We must remember that trading will be very sensitive because it is directly related to our finances, we must be smart about this.

The truth about trading is that it is not something easy to deal with because it is just a prediction, and some can't be perfect in predictions always. No matter how knowledgeable and experienced someone may be, they will definitely get it wrong sometimes. Nobody is above mistakes; it will surely happen. Sometimes, it's not that someone will make a mistake before they lose, but it can't just happen the way someone may have predicted it despite may have good analysis. It's very clear in trading that sometimes someone's prediction has to be perfect but it won't become trading sometime also work with lucky. However, it's true that as a trader, any mistake that  someone to makes lose money should be taken into consideration anytime he or she wants to enter the market, so it can avoid further losses.

Yes, there is no prediction based on analysis that will be perfect, especially what we predict here is something that is very volatile, as we know that the market is volatile. And sometimes there is something that can suddenly change the market conditions, it can come from bad news and good news that exists and affects price movements. I'm not saying that trading depends entirely on luck, but sometimes we also need a little luck so that we can get profit. The luck that is present here is because of our hard work and effort in making analysis of price movements that will occur, and it is based on many factors that can be internal (from within the market itself) or external which usually comes from news about the market.

[Kelward]

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!
.

Trading is hard and that is a fact, the earlier that any trader understands that it's not a short cut to riches the better for him. The best way not to chase loses in trading is to see it as an alternative source of income, where you don't rely on it to take care of your responsibilities. With this you wouldn't get too agitated to over trade to recover loses because you can survive without the trading profits. It's also important to trade with the amount that you can afford to loose, so if you lose you can easily move on without getting too emotional. When you make profit in trading, let it be an addition to your other sources of income, never rely solely on trading profits to survive for your own peace of mind.

[Lakai01]

The best way not to chase loses in trading is to see it as an alternative source of income, where you don't rely on it to take care of your responsibilities.

As soon as you see trading as a form of income, it is actually already too late and you will certainly lose (a lot of) money (unless you are a professional trader).
Trading should be seen for what it is: a form of entertainment like gambling in a casino.

Incidentally, the chances of success are quite similar, even good traders only achieve just over 50% successful trades.

[betswift]

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.

While taking such risk, it's wise to know what you are up against and also be confident to accept the losses that comes afterwards. Some persons are only pressing forward in taking those risk because they are expecting a huge profit in return, they don't tend to think that the market is dynamic and can still fail them if they don't take their time to make an accurate analysis for the market direction. One need to learn from their mistakes and improve themselve.

It depends on the risk we are taking as well. I mean if you are taking some useless risk then its not ok to take those risks just to learn later on, because you should already know about it and not make that kind of mistakes to begin with. I mean think about it, there are tokens which are memecoins and not even in the top 3000 list at CMC, and there are people funding those, do you really need to know anything before not investing into those?

You should know that there isn't really anything you could make money from those and that is why you should avoid them, there isn't anything you can learn from that, you should already know this. Of course you could make mistakes, there are levels of mistakes that is acceptable and that could make sense but that's only acceptable if you take a risk that makes sense to people as well, otherwise if you are investing into something shitty then do not consider that as a risk that you should be taking at all.

It boils down to the view of it by you yourself and others in such case, really For some it's dumb, for some - it would be genius. Then again, on the memecoins, I agree with you - you can't make mistakes with them twice when you know what they are about.