Here are the causes of revenge trading:
• Thought processes that place value on winning and losing
• Viewing losses as something negative
• Self-esteem dependent on trading results, feeling defeated
• Misunderstanding that the market can be controlled
• Arrogance that one's judgment is superior to rules that should be followed
• Short-term perspective, prioritizing immediate emotional satisfaction over long-term results
• Not understanding that stop losses also have an edge.
• Lack of understanding of a trader's job
• Lack of trust and understanding in the system
• Lack of understanding of market randomness
• Lack of understanding of risk management importance
• Insufficient practice in building sample size no matter what happens.