Module 6 — Psychology & discipline
Revenge trading
5 minute read
In plain English
Taking a trade to recover a loss rather than because it met your criteria.
Why it matters
It is the fastest way to turn a bad day into a bad quarter.
Example
After a $40 loss you double size on the next idea 'to make it back'.
Try this
Set a daily loss limit and stop for the day when you reach it.
Common mistake
Trading larger after losing.
What this does not mean
A loss is not owed back to you by the market.
Educational content only. Not financial advice.