Post
Topic
Board Trading Discussion
Re: Lost 17500$ during recent downswing, Now completely broke.
by
ice18
on 24/07/2021, 08:49:27 UTC
I think you understand that your risk management is poor. Margin trading is the fastest way to lose money.
At the same time, you take this risk yourself, which means you had to accept it from the very beginning.
The fact that you are broken only means that you were not ready for this, you went all in.

I agree fastest way to lose and to earn money if you trades are most win, the problem with many people is FOMO and not applied any technical analysis when entering we are mostly focus on quick profits and not in market situation we have to analyze it all before entering the confirmation signal is very important to avoid fakeout.