Revenge trading
Simone re-entered shortly after losing.
Simone Pastore’s Trading Breakdown
Simone Pastore began with disciplined trading, using sensible position sizes, stop-losses, and take-profits. However, after the first few losses, he repeatedly re-entered losing trades, increased his exposure, and abandoned his risk management plan. An 11-trade losing streak resulted in approximately $23,291 in losses and an 18.60% drawdown, demonstrating how revenge trading and poor discipline can quickly overwhelm a trading account.
Quick Takeaways
One losing trade should trigger a review—not another entry.
Never add to a losing position without a new, valid setup.
Reduce risk after losses instead of increasing exposure.
Discipline on losing days protects your account and your future.
Trader Profile
DetailInformation
Trader | Simone Pastore |
Review | 123370 |
Consecutive Losses | 11 |
Loss During Streak | Approximately -$23,084 |
Final Drawdown | 18.60% |
Total Account Loss | Approximately -$23,291 |
Win Rate | 43.33% |
Average Win | Approximately $1,026 |
Average Loss | Approximately -$1,847 |
Outcome | Account breached |
The Story Overview
How Stacking Losing Trades Led to an 11-Trade Losing Streak
Simone Pastore started with disciplined trades on USD/JPY and GBP/USD, using Stop Losses, Take Profits and sensible position sizes.
However, that discipline gradually disappeared. Repeated entries, position stacking and increasing exposure created an 11-trade losing streak and ultimately breached the account.
Failure Story
A Disciplined Start
Simone’s early trades showed proper risk management, clean entries and sensible position sizes.
The problem was not a lack of knowledge. It was the failure to maintain those standards when losses began.
The Pattern That Changed Everything
The breakdown started when Simone opened three EUR/JPY sell positions within one hour. After each loss, he re-entered instead of stepping back and reviewing the setup.
From October 13, the same pattern appeared across NZD/JPY, GBP/CAD, AUD/CHF, EUR/CAD and CAD/CHF.
Simone opened a position, allowed it to move into a floating loss and then added another position in the same direction.
From One Loss to Eleven
Nearly every stacked pair closed at a loss. Two GBP/CAD positions alone produced a combined loss of more than $8,400.
The account eventually recorded 11 consecutive losses worth approximately $23,084 before breaching at an 18.60% drawdown.
Anatomy of the Blow-Up
The Beginning
Simone started with disciplined trades, using proper risk management, stop-losses, and controlled position sizes across multiple currency pairs.
The Decision
After the first losing trade, he chose to re-enter the market and continued adding positions in the same direction instead of reassessing his strategy.
The Mistake
Revenge trading, position stacking, and increasing exposure caused losses to grow while discipline and risk management were abandoned.
The Result
An 11-trade losing streak led to approximately $23,291 in losses, resulting in an 18.60% drawdown and a breached account.
““In order to learn how to earn money, you need to learn how to lose money.””
— Karim Yousfi, CEO of Audacity Capital
What Went Wrong?
Position stacking
More exposure was added to losing trades.
Increasing risk
Position sizes did not reduce after losses.
Poor risk-to-reward
The average loss was almost twice the average win.
Failure to pause
One loss developed into an 11-trade losing streak.
What Simone Should Have Done
After the first failed setup, Simone should have stopped and reviewed the market.
If the original entry was wrong, the solution was to reduce risk or avoid the next trade, not add another position in the same direction.
Simone didn't lose the account because of one bad trade. He lost it because every losing trade led to another without stopping to reassess.
Lesson Every Trader Should Learn
Lessons Every Trader Should Take From This
- Discipline must be protected on losing days.
- Adding to a losing trade increases exposure to being wrong.
- Re-entering immediately after a loss is often revenge trading.
- Reduce your position size after losses.
- A losing streak begins when the trading plan is first abandoned.
Final Takeaway
Simone understood the fundamentals but abandoned them when they mattered most.
Discipline is not tested on your best trading days. It is tested when the market moves against you.
Before Your Next Trade
Ask yourself:
- Am I taking a new setup or repeating the previous loss?
- Is my position size appropriate?
- Am I adding to a losing trade?
- Should I stop trading and reassess?
- Is my average loss becoming larger than my average win?
Protect the plan on your worst days. Those are the days it matters most.
Success Follow-up
Every Trading Setback Can Lead to Success
Every successful trader has experienced setbacks, whether it's blowing an account, breaking risk management rules, or letting emotions influence their decisions. The difference is that they chose to learn from those mistakes instead of repeating them. Discover how another trader overcame similar challenges, developed better trading habits, and transformed failure into consistent long-term performance.
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