Interesting and sobering thread. May I ask how do you make your predictions? Is it pure price action?
Right now when its small money, its totally gambling... If we get to higher amount, i will look at naked trading (just support and resistant).
if i get to over 2 btc or something, i might spend time learning trading, right now its not worth it.
If i keep losing, i think my stop loss is around 1 btc every couple of months. In our monthly budget, we call it Gambling expense.