WickCheck / Trading school / Revenge trading
Revenge tradingBeginner
Taking quick, bigger trades to win back a loss.
What it means
One of the fastest ways to blow a daily loss limit. A fixed daily stop (for example 2R or 2 losses) is the usual cure.
How to spot it
- Size goes up and setups get worse right after a loss.
Common mistakes
- Removing the daily limit "just this once".
Related terms
FOMOJumping into a move late because it is running without you.…Daily loss limitThe most you can lose in one day before the account fails, often 4–5%.…TiltAn emotional state where you stop following your rules.…
Why most strategies need a human behind the screen
Read the lessonWhat a mechanical test can and cannot tell you about smart money concepts.
Education only, not financial advice. Definitions vary between teachers; these are ours, written for clarity.