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How to Decide During a Bad Trade? Part II
Sometimes trading becomes impulsive. One bad habit that a trader acquires during trading is to trade impulsively. This kind of impulsiveness can be seen drastically among traders who have just lost. They attempt to carry out “revenge trading” Revenge trading is something that will make you compelled to trade until you convert the loss into gain.
Most expert traders come up with a discipline-strategy and they feel that traders that stick to the trading plan and trading time increase the chance of winning. Perhaps since trading is veritably addictive, even a disciplined trader could lose control and there are fine chances that he defies his own trading plan and get more obsessed to it.
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