YOUR PRE-TRADE ROUTINE
How to stop revenge trading: pause after a losing trade
If the next trade feels like a way to undo the last one, pause before placing another order. Ask whether you would consider this trade if the loss had not happened. Use the answer to revisit your original plan.
Trading psychology after a loss: name the urge
Write down what is driving your next order. Is it a setup from your plan, or a wish to get back to even? If your only reason is the amount you just lost, look again at the conditions you chose before the session.
Step away from the order screen
Close the order screen and look away from the chart. Relax your shoulders and breathe at a comfortable pace. You can use the app’s breathing break and music to take a moment away from placing orders.
Read a rule you already chose
For example: “A loss does not change my criteria for the next trade.” Compare the action you are considering with your written plan, including the conditions for ending your session. You can also decide to finish trading for the day.
Record the trade or the urge you resisted
In the impulse journal, choose whether you made an impulsive trade or resisted the urge. Select the triggers and emotions, and add optional notes about what you did. When you record a trade, also enter the instrument and why you consider it impulsive.
Try a spoken reminder
A loss does not change my criteria for the next trade.
Pre-recorded AI voice. Press play to listen.
Turn this guide into one action
- Write your situation and one action below.
- Copy the sentence into the app’s add-principle screen and save it.
- Read or listen to that principle before your next trading session.
Notes are not saved or sent to a server. Print or save as PDF before leaving. This checklist is not a score for deciding whether to trade.
Start Principle Keeper on Google Play · About the app and maker
Make the words your own.
Take a breathing break in Principle Keeper, then read or listen to your own rules when you are ready. Revisit the day’s journal entry later and choose one action to try the next time you feel rushed.
Explore the app ↗Your rules and journal entries are saved on your device.