Posts Tagged Under: revenge trading

How Lack of Trading Discipline is Killing Your Performance and the Steps You Can Take to Improve It


This article on Trading Discipline is the opinion of Optimus Futures.

Imagine, if you will, two traders. One trader holds a superior trading strategy and ample capital resources to make it work. But he lacks discipline. The other trader has a mediocre system, fewer capital resources, but superior trading discipline. The non-disciplined trader has everything going for him, except for himself; whereas the disciplined trader has a few things working against him, but his ability to remain disciplined serves as his core strength.

Who might end up becoming the more successful trader? The answer is that it all depends on a few other things: the ability to adapt to situations, the smarts to assess what’s working and what’s not, and the

Read More

Should you reenter after your stop loss got hit?


Probably every futures trader is guilty of entering a trade right after being stopped out and often traders even do it several times in one single trade, throwing good money after bad money. In this article, we explain what causes futures traders to reenter trades that have been lost and provide tips how to manage trade exits and reentries better.

(Disclaimer: The placement of contingent orders by you or broker, or trading advisor, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders)

Why traders revenge-trade and commit to over trading

Before changing any behavior, you have to be aware of the triggers that cause your negative actions. When it comes to re-entering trades after a stop loss got it, the motives are very clear: The most common reason is that traders fear

Read More