Though I lost so many times earlier but this one is bit tough. I was bearish on bitcoin when it was around 30000$ but it went up and up and touches 40000$. I lost around 1000$ and I was ok but I do not know what happens to me suddenly in the heat of the moment I decided to go all in with 100x leverage, with no technical analysis nothing, as I was sure about bitcoin reaching 50000$.
And that is it all my bankroll which I build from 350$ vanished my hard work of 6 month gone.
Now I am broke. But I know I will build my bank roll again over the course of few months but oh man this is tough.
I hate this feeling. Guys no matter what don't be impulsive in trading.
This is why you don't associate your emotion in trading especially if it is leveraged. You just like gambled going all-in with that leverage and no plan at all and your only goal is to recover your loss. Many people are ruining their life in leverage trading, the profit can really be huge with just a small capital but if you don't plan your trade you will likely get liquidated if the market doesn't go the way you want. I don't suggest to do leverage trading especially if you don't really know how to read charts and use different indicators. Even pro traders are very careful diving in with this type of trading.