Daniel Joshua239_ Jones#64

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What is revenge trading and why is it dangerous?

Revenge trading happens when traders increase position sizes or trade impulsively after a loss, trying to win back money quickly. This often leads to bigger losses and emotional burnout. Revenge trading stems from frustration and lack of discipline. To avoid it, traders should step away after significant losses, reassess strategies, and focus on long-term goals. Implementing strict daily loss limits can also prevent destructive behavior.