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Lesson 2 of 2
Revenge Trading
Don't fight the market
You just lost $500 on a bad trade. You're angry. You want it back NOW.
So you double your bet size on a risky trade to "make it back."
This is Revenge Trading. And it ends in disaster.
What to do:
- Close the laptop.
- Take a walk.
- Accept the loss.
- Come back tomorrow with a clear head.