Avoiding Revenge Trading Reduces Trading Losses.

[Gost ms]

Revenge trading is a feeling driven reaction caused by fragile egos of a person and they can rarely be controlled, they can only be controlled if the person trading truely realises his/her mistakes and journals their every trade so that person can avoid revenge trading whereas a person that trades without a plan and journalling is very likely to revenge trade and lost large sums of their capital. So the main point in controlling revenge trading is making an environment that doesnt allow us to do that

‎I think what those type of traders lack is the proper mindset.  There's no way you can be profitable if you have weak emotions that controls your decisions. A good trader will always accept losses. Reason is because they know you can't always be winning eveytime. That alone removes the urge of wanting to recover those losses.  The loss they faced might be as a result of their own actions or from the market. His fault could  be that he took  a high risk by using high leverage or not following his trading plans.        A quick way to prevent the urge to chase losses is by walking away from your trading  and anything related to it for days and find any fun activities to do , so that it can remove your minds from the losses you experienced. When you feel that you're now in a good mental condition, you could then evaluate your mistakes and reason for those losses and bring up solutions.

Yes I completely agree with you. A person who cannot accept losses will definitely face big losses. If such a person faces losses then they start trading aggressively and as a result of trading they face bigger losses. It is a good decision to accept the situation and reality as much as possible and to be natural while trading. It is foolish to trade repeatedly or to trade aggressively for the sake of losing money.

Yes, going somewhere during the day or keeping yourself busy with your favorite activities is the best decision. Because if a person faces a lot of losses, if he does these things, then he will be able to adapt to these losses and start again.

[Solokan]

I also experienced a loss in trading, but ended up doing revenge trading Instead of making a profit I suffered a greater loss which ultimately led to frustration So I agree with you if we avoid revenge trading we're effectively minimizing losses Indeed revenge trading can often lead to losses not profits due to uncontrolled emotions

So the point is in trading don't let your emotions get carried away, and we must be prepared for losses And most importantly don't let our emotions ruin our trading plans The bottom line is we must adhere to the rules we've established Those who succeed in trading are usually those who consistently adhere to the rules and don't easily succumb to the emotion of revenge However sometimes the theory is easy but the implementation is not easy right?

[hafiztalha]

Revenge trading is the biggest enemy of our assets; it is mostly full of emotions: anger and frustration after a loss. But it's not only the reason traders sometimes thinks unrealistically and think they can easily recover their loss and that is the time when they ignore their plans and take risks. And for that i agree with that like if someone can't control their emotion should step away from trading for a while. He or she needs clear rules, risk management and discipline to accept and face the reality. The important thing is to understand that losses are a part of trading; after a loss, we should not revenge trade but have to maintain our discipline.

[Ojima-ojo]

I also experienced a loss in trading, but ended up doing revenge trading Instead of making a profit I suffered a greater loss which ultimately led to frustration So I agree with you if we avoid revenge trading we're effectively minimizing losses Indeed revenge trading can often lead to losses not profits due to uncontrolled emotions

So the point is in trading don't let your emotions get carried away, and we must be prepared for losses And most importantly don't let our emotions ruin our trading plans The bottom line is we must adhere to the rules we've established Those who succeed in trading are usually those who consistently adhere to the rules and don't easily succumb to the emotion of revenge However sometimes the theory is easy but the implementation is not easy right?

If you keep taking that approach of chasing your loses you definitely have a lot of loses to bear with and as a matter of fact most trader's that take such approach in trading will become the worst set of trader's because each of the next trade is influenced by their previous loses and emotions.


Trading should be done with a clear strategy to follow through, instead of allowing emotions.

[batang_bitcoin]

I also experienced a loss in trading, but ended up doing revenge trading Instead of making a profit I suffered a greater loss which ultimately led to frustration So I agree with you if we avoid revenge trading we're effectively minimizing losses Indeed revenge trading can often lead to losses not profits due to uncontrolled emotions

So the point is in trading don't let your emotions get carried away, and we must be prepared for losses And most importantly don't let our emotions ruin our trading plans The bottom line is we must adhere to the rules we've established Those who succeed in trading are usually those who consistently adhere to the rules and don't easily succumb to the emotion of revenge However sometimes the theory is easy but the implementation is not easy right?

Just little tip to you bro, put some periods on your sentences. While you're right about capitalizing each sentence you make, it's not enough when there's no period because readers have hard time when to stop for what you say. However, I agree that telling tips is easy but when it's with the application of it isn't easy at all. Only a few trader follows those tips whether it's with their trading strategy or psychology.

[laspol65]

When a trader avoid making revenge trade after experiencing massive trading losses it automatically reduce and limit the rate of losses the trader experiences during its trading period, and most traders ignore this strategic trading approach because of how desperate they are to recover their lost money immediately which at the end will result to massive financial losses of their trade. That is why its required of every trader to avoid revenge trading because it is an emotional trap that makes traders to instantly force the trading market to give them back the money they just lost from their trade, making these traders to risk more of their money to trade just to recover their lost money back and also to wipe out their previous loss in just a trade, that is driven by anger and panic which makes these set of traders to abandon and forget their trading strategy completely.

You should never be emotional in trading, if you can move forward in the future by trading according to the right rules, you can get some success. Moreover, by trading aggressively, you can only lose your money, so you have to learn to change yourself by understanding the strategy and time. Because if you lose money, you take a break, and after you take a break, when your brain works properly, you can get involved in trading again. However, it is better to use less money in trading, but in addition to trading, you can consider investing in Bitcoin, which is much safer than trading and has a greater chance of being profitable.

[free-bit.co.in]

You should never be emotional in trading, if you can move forward in the future by trading according to the right rules, you can get some success. Moreover, by trading aggressively, you can only lose your money, so you have to learn to change yourself by understanding the strategy and time. Because if you lose money, you take a break, and after you take a break, when your brain works properly, you can get involved in trading again. However, it is better to use less money in trading, but in addition to trading, you can consider investing in Bitcoin, which is much safer than trading and has a greater chance of being profitable.

Discipline and no revenge trading after a loss come first in any trader's strategy, I'd say. But it's easier said than done. There is huge gap between understanding it on paper and actually staying calm and sticking to those rule.

Human emotions do not come with an on/off switch. They are incredibly hard to keep in check. Telling someone to stop trading after a loss is easy enough, but actually doing it while you are still feeling urge to make back what you just lost is whole different story.

[ndutndut]

When a trader avoid making revenge trade after experiencing massive trading losses it automatically reduce and limit the rate of losses the trader experiences during its trading period, and most traders ignore this strategic trading approach because of how desperate they are to recover their lost money immediately which at the end will result to massive financial losses of their trade. That is why its required of every trader to avoid revenge trading because it is an emotional trap that makes traders to instantly force the trading market to give them back the money they just lost from their trade, making these traders to risk more of their money to trade just to recover their lost money back and also to wipe out their previous loss in just a trade, that is driven by anger and panic which makes these set of traders to abandon and forget their trading strategy completely.

Yees. Revenge trading is indeed one of the most dangerous psychological traps in trading and we really need to avoid it completely. Especially when losses happen, the urge to immediately retaliate and recover capital often overpowers our logic, so we tend to ignore our initial plan and sometimes enter the market without any analysis. The result is usually bigger losses not recovery. And that's why many say the biggest enemy of a trader is themselves not the market, but our own uncontrolled emotions.

So to deal with it, it's better to practice with a small capital while strictly following the rules because with a small capital the pain of losses is lighter making it easier to control your emotions. If we do this consistently over time this habit of following the rules will take root and the urge for revenge will gradually stop popping into our minds. So disciplined risk management is not just about SL, but also about mastering yourself so you don't turn trading into a revenge game.

[Obulis]

Ordinarily I don't encourage trading, but talking about revenge trading! Who actually is the trader revenging against? Who's the enemy that revenge is pose against? Honestly this is usually one big situation that traders and gamblers usually face. But this revenge is not actually against the market if I am asked, it's against yourself!! Lack of emotional intelligence can always instigate revenge trading, this is an internal war that has caused more pains or losses than joy or gains. There's no point to carry on this war against yourself, apply emotional intelligence and prepare to trade another time. He who fights and run away may live to fight another day. You have lost so much for now so what you need is to survive by retreating, however you never surrendered.

[cocadalcan]

When a trader avoid making revenge trade after experiencing massive trading losses it automatically reduce and limit the rate of losses the trader experiences during its trading period, and most traders ignore this strategic trading approach because of how desperate they are to recover their lost money immediately which at the end will result to massive financial losses of their trade. That is why its required of every trader to avoid revenge trading because it is an emotional trap that makes traders to instantly force the trading market to give them back the money they just lost from their trade, making these traders to risk more of their money to trade just to recover their lost money back and also to wipe out their previous loss in just a trade, that is driven by anger and panic which makes these set of traders to abandon and forget their trading strategy completely.

You should never be emotional in trading, if you can move forward in the future by trading according to the right rules, you can get some success. Moreover, by trading aggressively, you can only lose your money, so you have to learn to change yourself by understanding the strategy and time. Because if you lose money, you take a break, and after you take a break, when your brain works properly, you can get involved in trading again. However, it is better to use less money in trading, but in addition to trading, you can consider investing in Bitcoin, which is much safer than trading and has a greater chance of being profitable.

Trading is an intelligent strategy. Only those who can apply this strategy correctly are successful. You will see that many people trade but not everyone can make a profit. Those who can have long analyzed the market and prepared themselves by conducting proper activities. It would not be right for the inexperienced to expect to make a profit by trading.

You should not be overly emotional but you should be emotional about not selling at a loss because most traders lose because they panic and sell. The advice you have given about taking a break in trading may not be possible for many traders. This is because if you have already started and the price decreases, you can stop selling at the moment but if you panic and sell, your losses will increase. Therefore, it would be wise to buy according to your financial capacity during the period of price decrease without stopping trading.

[PhilosopherKing]

Ordinarily I don't encourage trading, but talking about revenge trading! Who actually is the trader revenging against? Who's the enemy that revenge is pose against? Honestly this is usually one big situation that traders and gamblers usually face. But this revenge is not actually against the market if I am asked, it's against yourself!! Lack of emotional intelligence can always instigate revenge trading, this is an internal war that has caused more pains or losses than joy or gains. There's no point to carry on this war against yourself, apply emotional intelligence and prepare to trade another time. He who fights and run away may live to fight another day. You have lost so much for now so what you need is to survive by retreating, however you never surrendered.

Trading with maybe the wrong mindset or using the money that cannot be afforded to be lost is what causes stuffs like this. As a trader it is a good thing to always know that loss cannot be bypassed. It is something that is a part of trading. And if we check, It happens almost all the time with traders no matter the level of experience that trader has. And that is why trader are always told to adopt risk management so that they will be able to lower the amount of losses that they take. Revenge trading can’t fix anything, it only worsen things.


Anyone who cannot afford to loose don’t have to have any business trading. Because I don’t understand why someone will enter a market that is unpredictable and start panicking when they loose because they expected only profits from all their trades. Guys like this should know that the market don’t even give a damn about how badly they want to make money and it sure as hell will move however it wants. So it is either the trader prepares theirselves for this or just quit trading if they can’t handle it. Because it makes no sense to do something that makes you to stay awake all night in endless thoughts of regrets.

[Yeesha]

When a trader avoid making revenge trade after experiencing massive trading losses it automatically reduce and limit the rate of losses the trader experiences during its trading period, and most traders ignore this strategic trading approach because of how desperate they are to recover their lost money immediately which at the end will result to massive financial losses of their trade. That is why its required of every trader to avoid revenge trading because it is an emotional trap that makes traders to instantly force the trading market to give them back the money they just lost from their trade, making these traders to risk more of their money to trade just to recover their lost money back and also to wipe out their previous loss in just a trade, that is driven by anger and panic which makes these set of traders to abandon and forget their trading strategy completely.

Revenge trading is even more riskier than normal trading. Because when someone is revenge trading, and trying to recover all that he loses, something will be triggering him a lot to push more harder and never give up. And at this point the person will be willing to risk any thing just to ensure that he retrieve back his money. Letting your emotions to takeover and rule will only expose a trader to more loss.
The only way a gambler could remain calm and grow gradually is through gradual growth and continuous learning, losses are mistakes one shouldn't take for granted, you have to learn from your mistakes and take corrections about your wrong decisions. Losses are not meant to be recover, they are meant for you to learn from, in order to gain more knowledge, understanding, skills and experience.

[Kelward]

Ordinarily I don't encourage trading, but talking about revenge trading! Who actually is the trader revenging against? Who's the enemy that revenge is pose against? Honestly this is usually one big situation that traders and gamblers usually face. But this revenge is not actually against the market if I am asked, it's against yourself!! Lack of emotional intelligence can always instigate revenge trading, this is an internal war that has caused more pains or losses than joy or gains. There's no point to carry on this war against yourself, apply emotional intelligence and prepare to trade another time. He who fights and run away may live to fight another day. You have lost so much for now so what you need is to survive by retreating, however you never surrendered.

There is no need to revenge against trading loses because there is likelihood that you will continue to lose more in your frustrations, you can have a trading budget which you are supposed to base your trading on, don't over trade when your inner intelligence is telling you to stop. You are right that who fights and runs away lives to fight another day, no need to take a revenge on your loses because there is high chance that you cannot win with such desperate mindset. The market is not empathic to any traders, it doesn't have a pity for your losing streaks, it depends on you to caution yourself that the enemy you're trying to defeat is staring at you in the mirror. A lot of traders have blown their accounts trying to revenge their loses, it's not worth it.

[kawetsriyanto]

Trading with maybe the wrong mindset or using the money that cannot be afforded to be lost is what causes stuffs like this. As a trader it is a good thing to always know that loss cannot be bypassed. It is something that is a part of trading. And if we check, It happens almost all the time with traders no matter the level of experience that trader has. And that is why trader are always told to adopt risk management so that they will be able to lower the amount of losses that they take. Revenge trading can’t fix anything, it only worsen things.

Agree. Traders must be aware of the potential losses. It is something unavoidable, but we can minimize the severe losses. Sure, one of the ways is to use the money that we can afford to lose. As long as we use the safe amount of money, I'm sure there will be no intention of "revenge trading". Traders who do "revenge trading", surely they probably use the amount of money that they can't afford to lose. Yep, doing revenge trading can't fix the losses, it just rises more losses.

Anyone who cannot afford to loose don’t have to have any business trading.

Very agree. People who aren't ready to deal with potential losses, they don't need to star trading. There are many other ways to earn profits. They can choose Bitcoin investment or other safer ways to gain money in crypto space.

[Bitcoin Smith]

Don't let your emotions take control of your financial decisions. It is hard, but letting them take control will lead to a financial crisis. That is why, when things are not working, take a break and analyse the situation, then we can proceed further, which will give us a better mindset to take action.

[arwin100]

Ordinarily I don't encourage trading, but talking about revenge trading! Who actually is the trader revenging against? Who's the enemy that revenge is pose against? Honestly this is usually one big situation that traders and gamblers usually face. But this revenge is not actually against the market if I am asked, it's against yourself!! Lack of emotional intelligence can always instigate revenge trading, this is an internal war that has caused more pains or losses than joy or gains. There's no point to carry on this war against yourself, apply emotional intelligence and prepare to trade another time. He who fights and run away may live to fight another day. You have lost so much for now so what you need is to survive by retreating, however you never surrendered.

There is no need to revenge against trading loses because there is likelihood that you will continue to lose more in your frustrations, you can have a trading budget which you are supposed to base your trading on, don't over trade when your inner intelligence is telling you to stop. You are right that who fights and runs away lives to fight another day, no need to take a revenge on your loses because there is high chance that you cannot win with such desperate mindset. The market is not empathic to any traders, it doesn't have a pity for your losing streaks, it depends on you to caution yourself that the enemy you're trying to defeat is staring at you in the mirror. A lot of traders have blown their accounts trying to revenge their loses, it's not worth it.

Yeah no need to do that, but its unfortunate that many people experience this situation.

For sure you experience this to before or maybe even now, if you are active in trading. This situation is so stressful and hope people would realize the negative implication of doing such actions.

If they lose much better to quiet. Because thinking about they can able to recover their losses will give them more miserable ending.

[Pandu Geddon]

Don't let your emotions take control of your financial decisions. It is hard, but letting them take control will lead to a financial crisis. That is why, when things are not working, take a break and analyse the situation, then we can proceed further, which will give us a better mindset to take action.

I think a lot of traders have been in situations like that. Especially those who trade quite frequently. Those who rely on trading for their income, or those who trade with borrowed capital, definitely trade under more pressure. When in a loss situation, there's a chance traders might panic trying to chase the losses they've experienced.

[Emeraldo]

Revenge trading is the biggest enemy of our assets; it is mostly full of emotions: anger and frustration after a loss. But it's not only the reason traders sometimes thinks unrealistically and think they can easily recover their loss and that is the time when they ignore their plans and take risks. And for that i agree with that like if someone can't control their emotion should step away from trading for a while. He or she needs clear rules, risk management and discipline to accept and face the reality. The important thing is to understand that losses are a part of trading; after a loss, we should not revenge trade but have to maintain our discipline.

Also having unrealistic confidence can make a trader to think of revenge trading and this can become an obstacle in making profit from the market. Trading is not like our daily investment in cryptocurrency where you may not have to renew your knowledge on a constant basis for you to make money from the market. Trading need constant knowledge to know what's happening in the market so that you can make profits utilizing such understanding of what's going on in the market to carry out profitable trades.

[Aanuoluwatofunmi]

So many traders are losing because they don't understand the reason why they are having this losing streak; until we discover the root of the problem, we cannot know the possible means to administer a solution to it.

There is a lot to talk about a particular strategy we may be using in Trading, some trader will also put in this manner that the often changes their strategy to improve more on the result they are having, everything has to go in line with the adequate change we wanted over the previous result we have been having, and that is why everything still works around our various abilities and why we should keep learning to know more on how to trade.

[Bitcoin Smith]

Don't let your emotions take control of your financial decisions. It is hard, but letting them take control will lead to a financial crisis. That is why, when things are not working, take a break and analyse the situation, then we can proceed further, which will give us a better mindset to take action.

I think a lot of traders have been in situations like that. Especially those who trade quite frequently. Those who rely on trading for their income, or those who trade with borrowed capital, definitely trade under more pressure. When in a loss situation, there's a chance traders might panic trying to chase the losses they've experienced.

Taking a loan with the assumption of making easy and quick money is a very common mistake that many people do...

That is exactly why many traders are losing their money while trading cryptos. One must be very clear with their trading strategy that they are not going to trade more, their goal is to make profits which comes when we go with less risky trades rather than high risky ones.