If you’re one of the poor souls who was on the wrong side of the Swiss National Bank surprise decision to abandon the peg, we sympathize. There are some things to work out but the best thing to do right now is look forward.
If you took a hit but are still in the game, one of the temptations is to try and make all the losses back by taking unusually large positions. It’s a feeling that’s so universal it has a name: revenge trading. It’s one of the worst habits out there and something to carefully guard against at the moment.
