Revenge Trading

This is a discussion on Revenge Trading within the Psychology, Risk & Money Management forums, part of the Methods category; I think you should set a few rules for yourself and really stick by them. Like for example, set a ...

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Old Nov 4, 2010, 6:43am   #33
Joined Nov 2010
Re: Revenge Trading

I think you should set a few rules for yourself and really stick by them. Like for example, set a maximum risk limit per day and also a maximum number of trades. That way, you can prevent yourself from desperately trying to make up for your losses or coming up with revenge trades. It might also help to stick to a schedule for trading and when your trading time for the day is up, you should close all your positions and stop trading no matter what. And if you're feeling extra stressed, just do something that'll clear your mind. Maybe watch a movie or read a book. Anything to take your mind off trading for a while.
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Old Nov 4, 2010, 6:23pm   #34
Joined Jun 2009
Re: Revenge Trading

Quote:
Originally Posted by wackypete2 View Post
We all want to kick the computer or cuss at it every once in a while!
Take a break or shutdown for the day. You need time to clear your thoughts and settle down.

Peter
More or less the right solution. But primarily the concept "RT" springs from the psycho-books one reads. It is not Revenge Trading, it can only be termed Suicide Trading : the market does not know you bought or sold - silent like the Sphinx. To not get over-frustrated, one should think twice, no thrice before entering a trade ! And please do prepare yourself for trading by putting in some study: every Forum-member does not become expert trader overnight.
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Old Jul 10, 2017, 1:46am   #35
Joined Apr 2017
Quote:
Originally Posted by wackypete2 View Post
We all want to kick the computer or cuss at it every once in a while!
Take a break or shutdown for the day. You need time to clear your thoughts and settle down.

Peter
Please do not do anymore revenge trading , here is the psychology behind revenge trading , for others it is too late to survive from it.

http://www.trade2win.com/boards/psyc...ml#post2931044
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Old Jul 10, 2017, 9:11am   #36
 
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Originally Posted by foroom lluzers View Post
Please do not do anymore revenge trading , here is the psychology behind revenge trading , for others it is too late to survive from it.

http://www.trade2win.com/boards/psyc...ml#post2931044
more links to your junk-
no one is buying it bro-
u r the worst spammer t2w has ever had
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Originally Posted by EnlightenedJoe View Post
Trade that are not closed will be closed when in profit.
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Old Jul 10, 2017, 9:21am   #37
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Originally Posted by itspossible View Post
more links to your junk-
no one is buying it bro-
u r the worst spammer t2w has ever had
I don't sell anything , just sharing the free knowledge from google search.

spammer:Someone who makes the most of their advanced technological knowledge to place advertisements online without having to pay any costs.
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