Revenge trading

Trading to win back a loss rather than because a setup is present.

Revenge trading is taking a trade driven by the last loss instead of a plan (usually larger, faster, and lower-quality). The measurable danger window is a cluster of losses in a short time: several consecutive losses within roughly two hours.

Because it is behavioural, the fix is also behavioural: a hard daily loss line and a cooldown after consecutive losses break the loop before it compounds.

See it on your own trades.

Merlin computes the metrics and rule distances above from your imported history, and checks your next trade against them before you enter.

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Firm figures reflect published rules at the time of writing. Firms revise rules often, so verify against the firm's site before relying on them.

Merlin's gauges derive from closed trades. Your firm watches live equity including open positions.

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