Post
Topic
Board Trading Discussion
Re: Lost 17500$ during recent downswing, Now completely broke.
by
iged_war
on 02/08/2021, 22:11:32 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.

trading margin should did by beginer traders who haven't good skill in technical or fundamental, we could loss our money easily if you dare to do it. Crypto market was not the way to make us rich in short time , but it could be place to make us poor in short time.

Taking risks is a part of trading and getting sometimes a loss and sometimes the coins which give you a loss will also give you profit but the main point is never to lose hope. Try again this time with a small investment and wait for some time and hold them to give you a bigger profit than you expected
try with small investment will trained us and also test our trading skill , emotion and also psychology.. if we could consistant with small amount, add it gradually will be good step to growth our portofolio.