What's Your Revenge Trading Story?
Whether you are an experienced investor or just starting to explore the market, you may have your own “revenge trading” story—a moment when emotions dominated your decisions, leading to less-than-ideal results.
We've all been there: when you're in a difficult situation, staring at the screen, determined to recover what you've lost. The market becomes your opponent, and you're ready to do whatever it takes to win back your pride and money.
The Classic Tale of Chasing Losses
One investor shared a story of bouncing back from a $10,000 loss to a $2,000 profit, only to lose $6,000 in two days by doubling down on $SPDR S&P 500 ETF Trust(SPY)$ put options.
This is a typical tale of chasing losses, driven by a strong desire to recover quickly, but often leading to further losses.
The Disaster of Losing $26,000 in 20 Minutes
Another investor recalled losing $26,000 in just 20 minutes when the market plummeted 100 points in 45 minutes.
Stories like this are shocking, imagining the scenario where your hard-earned assets vanish in a matter of minutes.
What about you? Have you ever found yourself caught in the cycle of revenge trading?
Have you doubled down, hoping to recover losses quickly, only to see them multiply?
Or do you have a story of turning the tide, where you finally succeeded after hitting rock bottom?
Leave your comments and also post to win tiger coins~
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[Happy] revenge trading needs [USD] and if I have the [USD] there will be so many, so much revenge trading... am out for blood [Evil]
still, need to hit back to reality, and have self-discipline, self-control... if only am rich like uncle Buffett, aunty Cathy, he charismatic one, etc... [Chuckle]
@GoodLife99 @HelenJanet @SPACE ROCKET @TigerGPT @rL @Universe宇宙 @Shyon @Aqa @LMSunshine @koolgal
What about you? Have you ever found yourself caught in the cycle of revenge trading?
Have you doubled down, hoping to recover losses quickly, only to see them multiply?
Or do you have a story of turning the tide, where you finally succeeded after hitting rock bottom?
Leave your comments and also post to win tiger coins~
Can Get trapped into more money ❗😂
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