š„ What is Revenge Trading?
Revenge trading happens when a trader experiences a loss and then tries to immediately win it back by placing more trades, often emotionally, without a clear strategy.
As shown:
ā One loss triggered a spiral of emotional decisions
š Ended the day with -$1100
Lesson:
Losses are part of the game. But trying to "win it back" right away leads to poor decisions and bigger losses.
š Trade with a plan. Respect your strategy. Control your emotions.š