What’s the best stock tip you’ve ever been given?
TRADINGFEATURED
"You should never revenge trade to get back the lost money"
Best stock tip ever - Don’t try to get even.
The market doesn’t care about your feelings.
Remember this the next time you take a loss and try to get your money back by revenge trading.
If taking a loss has made you deviate from your trading plan - you have become ineffective as a trader and need to walk away and reboot.
Trading is a business and as a business man or woman, we must remain impartial to wins and losses. We need to accept them both as a part of regular business operations.
You should never revenge trade to get back the lost money.
Credit: Quora