In life the only certainty there is, is that you will die. That's certain from the moment you are born. If you only want to do things you are certain about, you should kill yourself. NO, that would ruine my trading. Leave things like they are.
it's right if a person can't control himself at all. Hah. As for me, I never even thought about revenging the market. Why? It's a market, it's something unpredictable a priori.
What's the point of revenge trades, they're emotion-driven and usually ill-thought out. One should always trade on a clear head.
Indeed. It's also deeply counter-productive. The market doesn't care that you've just lost money and you need to make them back here and now.
Here is the psychology of revenge trading , same principles apply in trading , it is normal human emotion.There are many traders who put on revenge trades , after a string of losses , or simple frustrations at market behaviour. Nice movie showing the psychology of revenge , in trading it happens within minutes subconciously , Prescott punches a protester Labour's carefully stage-managed election campaign was in disarray last night after John Prescott, the Deputy Prime Minister, punched an egg-throwing protester. relaxing movie called :today it is me tommorow it is you The secret of succesful traders The secret of succesful traders