I’m seeing lots of posts about really bad losses. If you trade you’re going to lose money - hopefully not all the time, but many positions will be mistakes. But you need a process to find ideas and manage positions. Two books you should read are “The New Trading for a Livinng” and “The Laws of Trading.” Both look at psychology, process, and risk in different ways that can help you work out your own process. The next 18 months will be much harder than the last 18 - time to start learning.

likehelpful
Posting as :
works at
You are currently posting as works at

I’ve made a lot of mistakes so taking a step back to refocus.

1. Do not Fomo
2. Take losses early instead of having entire position go to Zero
3. Personally - never gamble on weekly lottos. Too risky and got burned both ways (sold
Early and held too long)

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