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Online Share Trading

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Revenge trading....its bad.

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Not applicable
Thanks to a furious bout of revenge trading I have managed to lose 20% of my trading account in 2 days. 4 weeks worth of hard work down the tubes due to feeling the pressure of falling behind on weekly profit target!
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15 REPLIES 15
Maddog
Regular Contributor
The only way we truely learn when trading is when we loose money....put it down to school fees
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HateGauteng
Super Contributor
Somehow, getting revenge makes me feel warm and fuzzy on the inside . . . but only if it works.
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Not applicable
Mr MArket will suck you in chew you fine if you try and chase targets. Take what he gives you in your time frame and say thanks. R500 is R500 so take it if its all you get given.
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Wizard
Super Contributor
There is no such thing as profit targeting. U must not fight against MrMarket.u must suck up to him.he is your boss and pays u accordingly.
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Not applicable
Lost another 5%...***** I'm a gambler. Time to take a break.
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jack12
Super Contributor
Did you see the movie Cool Hand Luke?
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Not applicable
no, didnt see it...just received about 35 mssages from global trader. Stoploss hit stoploss hit trade closed by user stops adjusted stoploss hit stops adjusted by user.....dammit man.
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Wizard
Super Contributor
Congratulations! It's always best to realize what u doing early. Now u can concentrate on making few bucks
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jack12
Super Contributor
Maybe it is Self Sabotage, check SPBs thread
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Not applicable
Cool Hand Luke (1967) is the moving character study of a non-conformist, anti-hero loner who bullheadedly resists authority and the Establishment...
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Not applicable
Okay.. i see where you are going with this.
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richardw
Super Contributor
Personally, I'm not going there with that. You happened to lose, which doesn't say anything about whether your longer term approach wouldn't work. You're learning just like everyone else.
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doomsdayza
Super Contributor
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Not applicable
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doomsdayza
Super Contributor
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