Revenge Trading
Trying to "win it back" after a loss — the tilt spiral that turns a bad day into a disaster.
Revenge tradingTrading impulsively to recover a recent loss. is the impulse, after a painful loss, to immediately jump back in and “win it back” — to get even with the market. Borrowed from poker, the state it creates is called being on tilt: emotionally compromised decision-making that turns a bad day into a catastrophe.
- What it is — jumping back in to “win back” a loss; an emotion-driven tilt state, not opportunity-driven.
- The spiral — forced, oversized, setup-less trades → more losses → more urgency → bigger revenge trades → blow-up day.
- The cause — loss aversionA loss hurts about twice as much as an equal gain feels good. + ego: the market becomes a personal adversary you must “beat.”
- The defences — accept losses as normal, set a hard daily loss limit (then stopA pre-set exit that caps your loss if a trade goes wrong.), step away to break tilt, never trade to recover.
How do I stop myself revenge trading after a loss?
Set a *hard daily loss limit* in advance — when you hit it, you’re done for the day, no exceptions — and physically step away from the screen after any painful loss to let the emotional surge subside before making another decision. Reframe losses as a normal business cost, not a personal score to settle. The market isn’t your opponent; there’s nothing to “get even” with.