For newer traders, revenge trading can become a big problem and lead to over trading. When a trade goes against you, some traders see the need to make their money back from that particular stock and force trades, which can lead to more losses. The most important thing about trading is knowing when to stop. Having a rule, or line in the sand as to what dollar amount or loss you will stop trading BEFORE you place your first trade is vital to keeping your account alive. Remember, the market will always be there.
So find a hobby or fun activity that takes your mind off trading, preferably outdoors, for during those rough times or when the markets are closed. Whether it's hiking, biking, running, playing sports, working out or golf, studies have shown that being outside in green spaces like gardens and parks can act as a recharger to the mind, and as traders, we always need to be on top of our game.
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