How To Avoid The Biggest Trading Mistake EVER! | Revenge Trading
One of the biggest mistakes you can make as a beginner in trading is revenge trading. It’s when you try to make up for losses by taking risky, impulsive trades. Instead of sticking to your strategy, you let your emotions take over, and that’s when things can go wrong.
Revenge trading happens when you get frustrated or upset after losing a trade, so you rush into another one to “get back” the money. It’s a cycle that can lead to even bigger losses because you’re not thinking clearly. Instead of focusing on long-term goals, you’re acting on emotions, which is never a good plan when it comes to trading. Stay patient and disciplined, and you’ll have a better chance at success. Watch the video now and find out what is revenge trading and how to avoid it!
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