The Danger of "Just One More Trade"
Revenge trading after a loss is an attempt to regain control. Set a strict daily drawdown limit (e.g., 2 consecutive losses or -2%). When hit, walk away—the market will be there tomorrow.
Revenge trading after a loss is an attempt to regain control. Set a strict daily drawdown limit (e.g., 2 consecutive losses or -2%). When hit, walk away—the market will be there tomorrow.
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