Revenge often only leads to subsequent losses, after hitting the stop loss it is better to wait for another momentum. As a human, sometimes I do that, after hitting the stop loss and then trying switching, but often the order gets tangled up in volatility and this disturbs the mind and becomes even more emotional. It would be better to avoid taking revenge against the market because it only often results in subsequent losses
You've highlighted an important truth in trading. Revenge trading can be a costly mistake, as it often leads to more losses and increased emotional stress. It's wiser to maintain discipline, wait for favorable opportunities, and avoid reacting impulsively to setbacks.Revenge often only leads to subsequent losses, after hitting the stop loss it is better to wait for another momentum. As a human, sometimes I do that, after hitting the stop loss and then trying switching, but often the order gets tangled up in volatility and this disturbs the mind and becomes even more emotional. It would be better to avoid taking revenge against the market because it only often results in subsequent losses
How do traders maintain stoicism and keep emotions in check to avoid impulsive decisionsIf you cannot control your emotions, they will kill your rationale. To behave impulsively is a curse in this business, and those who practice stoicism will never have to take losses caused by such emotions.
Revenge trading never brings fate for a trader and so traders have to search for opportunities by making the best use of which a trader can gain massively. FXOpulence provides high security of funding by using regulated banks' accounts and they allow you with mt5 trading platform.
It is not something you should maintain if you read about it. If you practice it in serious moments where it counts, it will eventually just get built into your system, and you won't have to dig to find it.How do traders maintain stoicism and keep emotions in check to avoid impulsive decisions
First reaction is defintely getting upset and angry and it is same for everyone
but after that i think you can be happy since there is a new trade that you can analyze and cover one of your weak points
nothing will happen with all winning trades but the ones you lose can be lessons