Forex Zone - Forex Forum

The danger of Revenge in Forex Trading

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 17439
  • Points: 310
  • Likes Received: 32
  • Reputation: +2/-0
when you lose it hurts and we always want revenge, but revenge does not guarantee a big return, and the risk cannot be minimized, the risk is even bigger
#676 - July 23, 2024, 08:29:18 AM

  • Hero Member
  • Posts: 63781
  • Points: 113
  • Likes Received: 57
  • Reputation: +53/-46
Using revenge is something you should not do.   This is done as a trader so you have to be able to carry out activities well and gain profits by practicing. If you lack knowledge then you have to be able to do that. The important thing is that you don't waste your money by taking revenge.
#677 - July 26, 2024, 08:59:04 AM

  • Hero Member
  • Posts: 65761
  • Points: 152
  • Likes Received: 99
  • Reputation: +18/-46
Using revenge is something dangerous and make sure you don't do that so you can get high profits.
#678 - July 27, 2024, 03:23:46 AM

  • Hero Member
  • Posts: 16421
  • Points: 237
  • Likes Received: 4
  • Reputation: +0/-0
Using revenge will definitely be very dangerous and when you do that, it will actually make your account fail even more. When you do experience defeat, you should be able to evaluate. Stop for a moment to regulate your psychology and start with a new system.
#679 - July 31, 2024, 08:10:45 AM

  • Hero Member
  • Posts: 17439
  • Points: 310
  • Likes Received: 32
  • Reputation: +2/-0
Don't take revenge and just wait for the right moment, then your loss will come back, because there are so many opportunities in forex trading, so we don't need to take revenge to return the loss.
#680 - July 31, 2024, 01:21:42 PM

  • Hero Member
  • Posts: 17423
  • Points: 254
  • Likes Received: 9
  • Reputation: +0/-0
Using Revenge will definitely be very dangerous and make sure you don't do that if you want to be successful using the right method.
#681 - August 01, 2024, 02:24:09 AM

  • Hero Member
  • Posts: 17439
  • Points: 310
  • Likes Received: 32
  • Reputation: +2/-0
Revenge in forex trading is as dangerous as trading without a plan, don't take revenge when you lose, it's better to stay calm and see the market patterns that occur.
#682 - August 01, 2024, 02:30:29 AM

  • Hero Member
  • Posts: 29640
  • Points: 97
  • Likes Received: 45
  • Reputation: +51/-45
Using revenge is a very dangerous use and make sure you don't do it so you can be successful easily.
#683 - August 02, 2024, 12:02:40 AM

  • Hero Member
  • Posts: 65761
  • Points: 152
  • Likes Received: 99
  • Reputation: +18/-46
Of course, it is very dangerous because if you do something like that, you could lose all your money.
#684 - August 02, 2024, 03:28:25 AM

  • Hero Member
  • Posts: 17423
  • Points: 254
  • Likes Received: 9
  • Reputation: +0/-0
The more you take revenge, the more dangerous it is and make sure that when you lose, you must be able to carry out activities with evaluation and don't do something that will make you lose even more which will prevent you from getting any profit.
#685 - August 08, 2024, 08:22:45 AM

  • Hero Member
  • Posts: 63781
  • Points: 113
  • Likes Received: 57
  • Reputation: +53/-46
Revenge is something dangerous, as long as you take revenge, you will never be able to do your activities well because you will always be emotional and usually your money will always disappear and make you unable to focus.
#686 - August 10, 2024, 06:44:10 AM

  • Hero Member
  • Posts: 16421
  • Points: 237
  • Likes Received: 4
  • Reputation: +0/-0
Revenge is a bad activity and will definitely have a negative impact and when you do something like that then your money will run out anytime so make sure you don't do that and you focus on getting a small but consistent profit.
#687 - August 16, 2024, 08:35:31 AM

  • Hero Member
  • Posts: 63781
  • Points: 113
  • Likes Received: 57
  • Reputation: +53/-46
Using Revenge is very dangerous in my opinion, never take revenge when you want to be successful and make sure you do something good to get big profits and according to the system you do yourself.
#688 - August 19, 2024, 09:00:48 AM

  • Hero Member
  • Posts: 29640
  • Points: 97
  • Likes Received: 45
  • Reputation: +51/-45
Revenge is a bad attitude, as long as you do that, you will never be able to succeed in doing whatever you want.
#689 - August 20, 2024, 05:21:42 AM

  • Hero Member
  • Posts: 65761
  • Points: 152
  • Likes Received: 99
  • Reputation: +18/-46
revenge is not recommended under any circumstances and in any situation you do when trading for me when someone does something that is not psychological and only uses emotions then it will get worse and worse as you open many positions so it is better if you do lose and indeed you still have you stop you must be able to make system corrections and calm emotions continue tomorrow and take a break
#690 - August 20, 2024, 09:25:54 AM

Members:

0 Members and 1 Guest are viewing this topic.