Post
Topic
Board Trading Discussion
Re: Lost 17500$ during recent downswing, Now completely broke.
by
MUG1WARA
on 03/08/2021, 14:13:20 UTC
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.
Sorry man, that's life for you, I also thought bitcoin was going to retrace when it got to $30000, but it didn't so glad I didn't trade against the bull trend, I think this should serve as a lesson to all those who like doing revenge trading whenever they loss a trade, revenge trading is one of the faster way to become broke, for the meantime I think you should stay off trading and try out something else, it's obvious it's not your thing.