What revenge trading actually costs (and how to calculate yours)

Nobody can tell you what revenge trading costs you, and that is the point. The figure depends on your size, your frequency and how long the window stays open after a loss. What is consistent is the mechanism: the damage comes from the trades taken in roughly fifteen minutes after a loss, which run larger than planned and outside the setup that was written down.

Most traders have never calculated it, and there is a specific reason. It does not arrive as one number. A blown account is memorable. Eleven slightly-too-big losses spread across a month are not, and they add up to more.

The full article covers the arithmetic, why willpower has never worked on this particular habit, and a twenty-minute method for pricing your own using the trade log you already have.

Read the full issue on Substack →

For education only — not financial advice.