Post
Topic
Board Trading Discussion
Re: 16k DOLLARS LOSS IN JUST 1 YEAR
by
_BlackStar
on 16/10/2023, 21:37:38 UTC
i cannot leave trading but i can change the method for my trading.now i thinking if i should invest only in bitcoin then i could not lost a huge amount.i hope i will recover it in 2 to 3 years with a positive thinking and specially changing the trading method.
Of course - you should not give up because you are losing, but improve the strategy.
I think that's the best advice for you so far - but stay away from greed even if you're really tempted by the same thing as before.

In general, day trading is tempting because of the profit potential - but in the long term day traders find it difficult to control their emotions and psychology because of market volatility. You need to stay away from futures trading anyway - it's only good if you understand the risks and also have a budget limit. Invest instead of trade - that's advice worth considering.