Anger & Revenge in Trading

  1. Anger: Anger generally comes when we do not get what we want. Choose carefully what you want and understand what you have to go through to get there.

  2. Revenge: Trading to get even with a stock or the market is the most destructive thing that a trader can do. This usually happens in the late stages of a new trader’s destruction as they trade bigger and more obsessively because they have to get back to even and prove something to the market and themselves. It is like a surfer getting mad at the ocean for a wave, the ocean doesn’t care about the surfer or even know that they exist. It is the same thing with the market, it is neutral you create your own results.

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