Never revenge the market!

[milewilda]

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.

Learning do comes from real experience and this is something which is really that unavoidable or something a natural thing for someone to experience it out on which we know that mistakes would really be something that makes us even more better on next time we do encounter things since we are already wary into the conditions or situations that we are really that into. It would really be that impossible that you cant
be able to see up on what are the things that you would really be gonna need to do to lessen up the risks on losing even more. As speaking for taking up some revenge on the market then this is primarily a behavior of a gambler on which we know that applying gambling approach towards trading will really be no good and something that could put up you in trouble rather than on benefitting you out.

This is why on the time that you do hover yourself into crypto trading field then always be prepared into those unexpected u-turn of events specially on trend and sudden sentiments or news that could happen on point
on which this could really that greatly affect the price without even making yourself getting prepared on what are the positions you would really be making. Its important that you should
really be knowing on what you should gonna do on which at least have the idea on what would be the best approach towards it.

[macson]

The first thing you must instill in your mind when you start trading is "don't lose first" not "i have to make a big profit", when you are able to apply this concept of thinking in a few months then your habits will form and you can be more careful in buying or selling when trading, the point is everything is in your mind and the most important thing is that trading is not gambling when you are able to analyze the market well and carefully.

[tottong]

The first thing you must instill in your mind when you start trading is "don't lose first" not "i have to make a big profit", when you are able to apply this concept of thinking in a few months then your habits will form and you can be more careful in buying or selling when trading, the point is everything is in your mind and the most important thing is that trading is not gambling when you are able to analyze the market well and carefully.

It is difficult to make money fast or make big profits at the beginning of trading because we realize this is not easy to do.
Skills will be formed when someone has knowledge and experience that will direct someone in determining the direction of the trade they are doing.
It will be a big problem for beginners when they have a view to make money quickly at the beginning of the trade they do, especially if the trading knowledge they have is not good.

Trade consciously and do not involve emotions, continue to practice skills by getting involved in it more responsibly.
Thus trading skills will increase slowly and we know what to do when trading conditions do not go according to plan.

[nelson4lov]

Here, again. I recently recovered most of my losses of the last month from several trades only to lose 100% of it back to the market because I was trying to revenge trade. A small sized position was in 3 digits worth of profits for days only for news of Durov's arrest tainting all longs and it immediately flipped red. I tried to get back in and have since been catching knife.

So what did I do wrong?

• Counter traded the market. Durov's arrest simply meant the price would flip bearish but I was still hung up on my bullish bias.
• Revenge traded it resulting in even bigger losses.

We live to learn. I will keep these in mind for next time. Putting it out here incase someone gets to learn from my mistakes.

[GreatArkansas]

Sharing my own experience a long time ago:
Every time I lost before and I am eager to get back my losses, I keep losing and losing. Especially at first you lose too much then you chase that loss, and you lose again. That's sad. After that, I already learned a lot and respected every trade I did, wins or losses.

[Obari]

A good trader already knows that, there are definitely two things involved in every trade he opens which is either there is a win or loss and with this consciousness alone, you’re already half way fighting trading with emotions.

Another thing is having a trading budget and this will go a very long way to keep you in check and I’ve always told people it’s not just about having a budget but keeping to it is paramount.

It is already no news that, chasing after lose in trading always leads to blowing of accounts and as such it should be done on a calculated and a good technical analysis.

These few points I’ve listed will always help a trader from revenging the market.

[dunfida]

A good trader already knows that, there are definitely two things involved in every trade he opens which is either there is a win or loss and with this consciousness alone, you’re already half way fighting trading with emotions.

Another thing is having a trading budget and this will go a very long way to keep you in check and I’ve always told people it’s not just about having a budget but keeping to it is paramount.

It is already no news that, chasing after lose in trading always leads to blowing of accounts and as such it should be done on a calculated and a good technical analysis.

These few points I’ve listed will always help a trader from revenging the market.

One of the key factors for you to survive this unpredictable space is that you should really that know how to control your emotion but this one wont really be coming so easy on which majority of people
would really be that too highly reactive when it comes to dealing up with this market on which it is really that unpredictable and totally random. There's no way that you could be able to handle
yourself so easily not until on the time or moment that you are really that able to experience well towards this space.

Just like the rest been saying that dont treat this like a gambling game because on having this kind of approach it will really be just that resulting for you to have such potential problem
on which we know that when it comes into this aspect then you would really be definitely needing up for you to have this kind of versatility on which you would really be trying out to
go with the flow on how this market moves or behaves. Dont chase up your losing trades.

Winning or losing trades would really be the most common thing that you would really be able to experience towards this market. This is why whenever you do commit
out such mistakes or errors then make some learning out of it rather than on seeing it as a great disappointment on which this would really be causing you up on having
that discouragement to move forward.

[$crypto$]

Sharing my own experience a long time ago:
Every time I lost before and I am eager to get back my losses, I keep losing and losing. Especially at first you lose too much then you chase that loss, and you lose again. That's sad. After that, I already learned a lot and respected every trade I did, wins or losses.

Basically it will be something that we will feel and we will think to do it every time we feel a loss, because basically no one wants to lose, especially if it is losing money. So this feeling of chasing losses is a natural thing that comes to us.

Of course it will go through a long process for us to realize that, because at the beginning I also felt the same thing. But in the end, as knowledge and experience increase, we will realize things that we should not do.

I personally will not regret it, because I think it is a very important process to grow knowledge that we cannot get if we do not experience it ourselves.

[Adams0001]

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.

You are right we should not be chasing on trading because he will definitely cause you more losing in trading you won't calm down and learn very well you will just engage your self on your capital you used and you can still repeat the same mistake if not you have understand the market very well, so is very advisable to learn from your mistakes if you lose just they patient and understand the market analysis and find mentor that will be guiding you gradually don't just focus on profits because you most lose no matter what because even the professional of trading usually lose sometime, if the market did not go well. that is why you should be focusing on how the market operate, by knowing that your risk will minimise and gradually you will be getting profit.

[Baki202]

You are right we should not be chasing on trading because he will definitely cause you more losing in trading you won't calm down and learn very well you will just engage your self on your capital you used and you can still repeat the same mistake if not you have understand the market very well, so is very advisable to learn from your mistakes if you lose just they patient and understand the market analysis and find mentor that will be guiding you gradually don't just focus on profits because you most lose no matter what because even the professional of trading usually lose sometime, if the market did not go well. that is why you should be focusing on how the market operate, by knowing that your risk will minimise and gradually you will be getting profit.

We you learn then you should not be having issues because your actions will be based on what you have learned A lot of people take trading to be hard, but to me if the right knowledge is installed then you should not be having problem while trading consistency matters a lot its just like When you trade more, the more you learn and the more your experience keep improving because it won't be the same when you started trading a lot of things must've changed just because of the knowledge that you have, knowledge is very important, and people don't want to stress their self but they want to make money,  and I will also advice you start with a little amount of money. People don't  have patience enough to actually understand the market, talk more if the market, it is very easy when you understand, trading and losing money won't encourage you, and it takes only strong people to actually be able to continue, it's better to always stick to your budget when especially when you are starting, then when you are experience then you can actually increase the money use in trading, but that is when your understanding is solid.

[Maslate]

Sharing my own experience a long time ago:
Every time I lost before and I am eager to get back my losses, I keep losing and losing. Especially at first you lose too much then you chase that loss, and you lose again. That's sad. After that, I already learned a lot and respected every trade I did, wins or losses.

That's what we get if we keep chasing our losses when we know it's hard to consistently win in the market. But the important thing is we learned from that phase of ours, that taking revenge in the market will never do good in return. Otherwise, it will only put our position into series of losses which is definitely inevitable in the market once you don't know how to manage your trades or investments.

[jaberwock]

Basically it will be something that we will feel and we will think to do it every time we feel a loss, because basically no one wants to lose, especially if it is losing money. So this feeling of chasing losses is a natural thing that comes to us.

Of course it will go through a long process for us to realize that, because at the beginning I also felt the same thing. But in the end, as knowledge and experience increase, we will realize things that we should not do.

I personally will not regret it, because I think it is a very important process to grow knowledge that we cannot get if we do not experience it ourselves.

It's definitely something that you grow to learn with time, not a lot of people learn that easily but with time we end up becoming better. I feel like we can make it happen if we know what we are doing and shouldn't really be that much of a big deal, it can be done one way or another, we just need to focus on what to do and how to get better results as well.

With time, we know that we shouldn't try to take our revenge, that type of feeling never amounts to a good result, which is why we try to avoid it the more we learn about crypto trading, or even trading in general. I personally do not care about my past trades when the yare done, if I lose then I will check why I made a mistake, but that's it and I will just move on without issues.

[fuguebtc]

Sharing my own experience a long time ago:
Every time I lost before and I am eager to get back my losses, I keep losing and losing. Especially at first you lose too much then you chase that loss, and you lose again. That's sad. After that, I already learned a lot and respected every trade I did, wins or losses.

That's what we get if we keep chasing our losses when we know it's hard to consistently win in the market. But the important thing is we learned from that phase of ours, that taking revenge in the market will never do good in return. Otherwise, it will only put our position into series of losses which is definitely inevitable in the market once you don't know how to manage your trades or investments.

If we lose , we must take revenge on the market . If we don't take revenge, how can we get back what we lost and make more profits? But we need to choose a more appropriate time to take revenge instead of rushing to take revenge after losing because the more we lose , the more we lose our minds , which will make us lose more.
We need to know that we cannot win all battles and one loss does not mean we lose all . As long as the market exists and we exist , there will be a time when we can take revenge on the market .

[isaac_clarke22]

Sharing my own experience a long time ago:
Every time I lost before and I am eager to get back my losses, I keep losing and losing. Especially at first you lose too much then you chase that loss, and you lose again. That's sad. After that, I already learned a lot and respected every trade I did, wins or losses.

Right now I just lurking around the market and within almost a year of not doing anything, I almost got disappointed when I just found out that I was not earning from my current hodlings.

~

Sometimes you just got to suck it up and accept that it's just how the market goes. "Revenge" the market just sounds like a desperation for me.

[justdimin]

I recently recovered most of my losses of the last month from several trades only to lose 100% of it back to the market because I was trying to revenge trade. A small sized position was in 3 digits worth of profits for days only for news of Durov's arrest tainting all longs and it immediately flipped red. I tried to get back in and have since been catching knife.

Trying to figure out how to make your money back is one thing, trying to figure out how to make money is another. If you keep on making mistakes after mistakes then you are going to just keep losing money, if you try to take revenge then you will not get it at all. I think it's clear that we are going to end up with revenge as a bad method, just figure out how to make money, because if you do learn that then it doesn't matter if you previously lost any or not, you may have or maybe you haven't but in either case you will be getting richer, there is nothing wrong with that.

I personally believe that there are so many ways to learn how to make money and because of that we are going to try to make something work, and if we do that then we are going to be fine. There are so many situations that takes time but because of that we can't really consider this easy, learn how to trade and eventually you will be doing fine without much situation at all.

[Stable090]

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!

If you lose in a trade and you decide to win back your loss, then it’s just like you setting trap for yourself, because the more you try to win back your loss, if you are not careful, then you keep on losing more instead of recovering your money. So after losing, the best thing to do is just to calm down, if possible, stop trading for that moment, do more research and discover why you lose, and work on your strategy, but don’t even think of trying to win back your loss immediately.

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"😂

If you want to trade, you don’t just need to frustrate yourself, you don’t have to give yourself tension, just trade freely. That’s why when trading, it should be done with a small amount of money which we know if we lose, it’s not really going to affect us. Don’t trade with an amount that will affect you when you lose.

[Mahanton]

I recently recovered most of my losses of the last month from several trades only to lose 100% of it back to the market because I was trying to revenge trade. A small sized position was in 3 digits worth of profits for days only for news of Durov's arrest tainting all longs and it immediately flipped red. I tried to get back in and have since been catching knife.

Trying to figure out how to make your money back is one thing, trying to figure out how to make money is another. If you keep on making mistakes after mistakes then you are going to just keep losing money, if you try to take revenge then you will not get it at all. I think it's clear that we are going to end up with revenge as a bad method, just figure out how to make money, because if you do learn that then it doesn't matter if you previously lost any or not, you may have or maybe you haven't but in either case you will be getting richer, there is nothing wrong with that.

I personally believe that there are so many ways to learn how to make money and because of that we are going to try to make something work, and if we do that then we are going to be fine. There are so many situations that takes time but because of that we can't really consider this easy, learn how to trade and eventually you will be doing fine without much situation at all.

Yes, this is true on which there would really be that significant differences among the two on which it would really be causing up that different emotion or feeling on the moment or time that you are on such situation.
This is why you should really be needing up to realize on what are the actions that you should do on the time that you would really be doing on such situation. Some people could make it out but majority will really be falling out into such similar situation on what most gamblers do really experience. On the time that you would really be trying out to make yourself to chase those loses then you are just basically doing gambling stuff and this isnt recommended because it would really be causing up even further loses because on the moment that you are on such condition then you cant be able to think up well. We do know that trading that needs up with some strategic approach and analysis on which this is something that will really be crucial. On the moment that you would really be that getting distracted because you are really that making those loses then its better to take up
some break and trying to ease out that kind of impulsive emotions because this is usually the main reason on why people do really being that too reactive on the moment that they would be losing. This is why its important to have those self realizations and would be able to act accordingly on what are the things that must be done to prevent further damage or something that in talks about losing even more money. You should really be sensible
on the actions that you would really be taking and it wont really be recommended that you would be acting like a gambler because it wont really be suggested on having that kind of approach.

[alastantiger]

If we lose, we must take revenge on the market . If we don't take revenge, how can we get back what we lost and make more profits? But we need to choose a more appropriate time to take revenge instead of rushing to take revenge after losing because the more we lose , the more we lose our minds , which will make us lose more.
We need to know that we cannot win all battles and one loss does not mean we lose all . As long as the market exists and we exist , there will be a time when we can take revenge on the market .

That's wrong and it will only make you fight an endless battle of revenge that you can't win. You don't have to win back your losses but avoid getting more losses the next time that you're trading. Don't consider your victory as a recovery for you past lost or you'll always have losses that you'll be chasing after. The market is going to win you when all you care about are revenge. Don't revenge never and you won't have grudges against the market. Every trade that you are opening should be a new one and not as a continuation from where you stopped when you lost the last time you were trading. When you have the thinking of revenge, it's going to be distracting and can interrupt your trading analysis, making you make mistakes that'll make you to keep losing. Your mind should be free from all emotions that aren't good for you.

[ScamViruS]

Sharing my own experience a long time ago:
Every time I lost before and I am eager to get back my losses, I keep losing and losing. Especially at first you lose too much then you chase that loss, and you lose again. That's sad. After that, I already learned a lot and respected every trade I did, wins or losses.

That's what we get if we keep chasing our losses when we know it's hard to consistently win in the market. But the important thing is we learned from that phase of ours, that taking revenge in the market will never do good in return. Otherwise, it will only put our position into series of losses which is definitely inevitable in the market once you don't know how to manage your trades or investments.

One losing trade can influence an inexperienced trader to take ten more wrong trades, exposing that trader to big losses. Trade management and money management are very important in trading, traders who follow these can be successful in trading. The market constantly creates opportunities and to exploit those opportunities, a trader needs to follow the market properly so that he can take the right decision at the right time. I have found that those who trade the market with proper plan and patience can get more profit. Revenge trading can never bring anything good to a trader except huge losses.

[cute nmp]

Thats the worst thing one can ever do ,I have tried revenge trading and have lost alt of money .Recently whenever my stop loss is been hit i simply move away from the chart will come back later when i am more refreshed and can start afresh again.