Tilt
Psychology
What it means
An emotional state where anger, frustration, or excitement makes you trade impulsively and abandon your plan. The term comes from poker.
Example
After two stop-outs in a row, you stop waiting for setups and start clicking buy on anything that moves. Three more losses later, you are down a week's profit in an hour.
Mistake beginners make
Beginners try to "trade through" tilt. It never works -- the only fix is to step away from the screen until the emotion is gone, even if that means closing the laptop for the day.
Related terms
- Revenge Trading — Trading impulsively right after a loss to "win the money back," usually with a bigger size…
- FOMO — Fear Of Missing Out: the urge to jump into a trade because you see it rising and cannot st…