Understanding psychology of revenge trading

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Old Jul 10, 2017, 11:29am   #9
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Old Jul 10, 2017, 11:49am   #10
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foroom lluzers started this thread Nick Leeson suffered monumental losses as the market continued its descent, Barings even further into the red. As an inexperienced trader, Leeson frantically purchased even more Nikkei futures contracts in hopes of winning back the money that he had already lost.
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Old Jul 10, 2017, 3:42pm   #11
 
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never saw that thanks fl you post the most interesting stuff
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if you have a little volatility, half an idea where sh^t will turn, and a reasonable stop, I might be able to start making $ off this venture
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Old Jul 10, 2017, 7:05pm   #12
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Originally Posted by piphoe View Post
never saw that thanks fl you post the most interesting stuff
Become a hindu first , then trade

Kauai’s Hindu Monastery also specifies that Hinduism is quite tolerant towards other religions: “no religion teaches the only way to salvation above all others,” and that “all genuine paths are facets of God’s Light, deserving tolerance and understanding.”

http://www.gamingzion.com/gamblingne...-hinduism-7280
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Old Jul 10, 2017, 7:08pm   #13
 
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i'm an atheist fl, a secular humanist but thanks anyway

i believe in REASON & rationality, and a part time nihilist but i don't go overboard

when you are dead you are dead
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if you have a little volatility, half an idea where sh^t will turn, and a reasonable stop, I might be able to start making $ off this venture

Last edited by piphoe; Jul 10, 2017 at 7:13pm.
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Old Jul 11, 2017, 5:06am   #14
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foroom lluzers started this thread Trading books new traders should not read

https://www.amazon.co.uk/Reminiscenc.../dp/1592801943

https://en.wikipedia.org/wiki/Jesse_Lauriston_Livermore

The evidence is all there , that he was a gambler , not a trader .He went bankrupt several times and lost everything he made .He was trading with borrowed money ,that is leverage ,and got into debts.He must have been a good revenge trader.

95% of traders lose , this evidence is available on google search.

He is worshiped on the internet and forums
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