Forex Zone - Forex Forum

The danger of Revenge in Forex Trading in General Forex Discussion_6825f0acc9f09

The danger of Revenge in Forex Trading

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
The more you take revenge, the more difficult it is for you to make a profit, believe it or not, because I have felt it myself, even though you are good at analyzing, even though you are a professional, but in your heart there is a feeling of revenge, when once you lose, it will destroy everything because revenge can destroy Our psychology makes us unconscious, making it useless for us to carry out Fox trading with our trading plan, therefore it is important to manage our psychology and patience so that when we lose we don't take revenge which results in bad things for ourselves.
#526 - September 29, 2023, 08:42:19 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In my opinion here, when you take revenge it is something bad because when you decide to take revenge on something that you can actually endure, it is a big mistake that you will have to pay for in the future with the defeat that you have because when you fail it would be better You stop first. You can be patient because professionals will always remain silent when they make a mistake. They don't immediately take revenge. They prefer to close the laptop and not trade first so that they can manage their psychology well.
#527 - September 30, 2023, 09:07:38 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Revenge is an unpleasant thing when we take revenge. I am sure that you will not use the trading system well, you will only follow your feelings, you will only follow your emotions, the important thing is that you can get big profits that were previously lost when you traded in the wrong way, therefore it is better when you want to exist, you want to use forex trading for the long term. You have to avoid this kind of thing. You have to be able to avoid negative attitudes from revenge so that you can be patient. You can learn to manage your psychology when you fail because this makes you a professional.
#528 - October 01, 2023, 08:54:36 AM

Sponsored

The danger of Revenge in Forex Trading in General Forex Discussion_6803a6c52eb12
#529 - Today at 01:59:08 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Of course, revenge will be very dangerous when you are in a losing position because revenge can control your own mind which will make you a person who doesn't care about management and doesn't care about the system, therefore when you are really hit, If you fail, don't panic. If you panic, then you will think about revenge, therefore it is important to regulate your psychology and the importance of respecting any losses that you will incur, so that you can calm down emotionally and you can accept the defeat well.
#529 - October 02, 2023, 08:37:26 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
The moment you decide to. taking revenge is. The biggest mistake you made. in forex trading because you should understand what is called reply. Revenge is a bad attitude carried out by people who cannot analyze well. People who decide to take revenge are usually people who can't think long and hard. think. How to return the capital lost due to an error. their own analysis, therefore, if you don't want to regret it in the future, you should not take revenge.
#530 - October 04, 2023, 07:49:37 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Condition Revenge is a condition. bad thing where you should not take revenge on your time. failed because revenge would. making you worse and worse. cannot trade with. correct concept. Revenge is the behavior of people who cannot. do trading well, therefore, be someone who knows how to trade properly, so that you don't. taking revenge just because. you don't make a profit, that's short-sighted thinking in my opinion because. it's better if you don't. benefit from you MC
#531 - October 05, 2023, 09:06:26 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I really don't agree with you. carry out revenge in any form even if you have capital. big even though you are actually strong enough to take revenge. with several lots. But I think it will become a bad habit because of us. Also, you don't know that everyone has a money limit, so you should be able to learn how to do it. let go of the money we have lost, we still have a lot of time for it. When trading we still have plenty of time to get our money back. What's important is that we just relax slowly while we evaluate
#532 - October 06, 2023, 09:15:44 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I have experienced a situation like this. what you do because in my opinion when someone is a trader always. experience failure psychologically, they don't accept it, they must be emotional. and want revenge but in time they will realize. that everything they do will be in vain just like me, so since then I have always made peace with whatever circumstances I find myself in. If I lose, I will accept it, I will be sincere, that way my heart will be calm, my emotions will disappear. and I continue to evaluate and learn better so that I can get good profits, therefore we must be able to try to trade successfully without having to take revenge.
#533 - October 07, 2023, 08:34:01 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Revenge may indeed be very dangerous for us, especially when we have large capital, because after all, when we trade, there will definitely be times when we fail and we must be able to endure this failure, lest our emotions can control us and in the end we decide to take revenge by In my opinion, revenge is a bad way, some are negative, some are positive, if revenge is positive, yes, you have to learn, you have to evaluate the failures you make, you have to be able to continue to use analysis well, continue to hone your skills well, and you have to continue use strict management if you are consistent. I'm sure your money will come back and increase
#534 - October 08, 2023, 09:29:38 AM

VIP
  • Hero Member
  • Posts: 19526
  • Points: 553
  • Likes Received: 245
  • Reputation: +4/-0
Revenge is not a good way to make big profits in forex trading. Give up revenge and return to your trading plan from the start.
#535 - October 08, 2023, 11:00:06 AM

Sponsored

#536 - Today at 01:59:08 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I think it's true more and more. The more you want revenge, the more you won't be able to get good results. People who always think of ways to get the right results by taking revenge have that goal. will never be achieved because the more you fight the market the more you lose yourself, that's why we have to be able to do it. To make peace with defeat, we must be able to let go of everything we do if it fails later. When you get good results by practicing, you will be able to be consistent on your own
#536 - October 09, 2023, 09:11:30 AM

VIP
  • Hero Member
  • Posts: 19526
  • Points: 553
  • Likes Received: 245
  • Reputation: +4/-0
When you feel defeated then at that moment you feel like taking revenge. In my opinion, don't feel defeated and consider it as part of the trading system if you want to win
#537 - October 09, 2023, 11:26:12 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I do not recommend that you take revenge when you trade but you are in a losing condition because when you are still in a losing condition your emotions are not yet stable. Your emotions are still explosive because you may not have accepted the defeat. In my opinion, we must be able to eliminate these emotions. First of all, because when the emotion is still in your mind, you will try to do negative things which will actually make you even more devastated. Especially when you decide to take revenge, in my opinion, when you lose, you should be sincere first. When you are sincere, you might get a second chance when you make improvements, which is better than taking revenge which will clearly harm you financially.
#538 - October 10, 2023, 09:15:06 AM

VIP
  • Hero Member
  • Posts: 19526
  • Points: 553
  • Likes Received: 245
  • Reputation: +4/-0
Carrying out revenge will make us unable to think clearly. For example, if we lose 50 percent of our capital, if we want to take revenge, we will probably end up losing even more of our remaining trading funds.
#539 - October 10, 2023, 10:22:05 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
I really agree that revenge is very dangerous. In my opinion, when a trader decides to take revenge, it means they don't use technique anymore, they just use their own emotions to get their own profit and it's the same as gambling. Don't do something like that when you lose. My advice is that you have to calm yourself first, after you have calmed down, do a good evaluation with the correct system and you can use stable management of the remaining capital that is still available, use good techniques by following the direction of each open position.
#540 - October 11, 2023, 08:56:05 AM

Members:

0 Members and 1 Guest are viewing this topic.



Elementor Website Builder