Post
Topic
Board Trading Discussion
Topic OP
Constantly burning out my trades. What do I do to avoid this?
by
bitcoinbastard224
on 14/12/2020, 23:03:30 UTC
Hey,

I believe I have caught myself in a loss-chasing cycle. It's gotten to a point where I am now using my overdrafts and my final cryptocurrency investments to try and recoup any losses I have previously made.
The lower my funds get, the riskier my trades get, and the higher the leverage used. In total, I have lost just under £10,000. This is becoming more and more depressing as time goes on.

How do I safely recover my losses, preferably over a short period of time?