r/wallstreetbets • u/hddatzD • 1d ago
Lost 70% of my money Loss
I lost all my money and now I’m in debt. I was doing revenge trading, over trading, over sizing with zero risk management.
663 Upvotes
r/wallstreetbets • u/hddatzD • 1d ago
I lost all my money and now I’m in debt. I was doing revenge trading, over trading, over sizing with zero risk management.
15
u/Business_Gas4703 1d ago
Don’t let this failure dictate the rest of your life. I’d take the money you have now, sit down, and figure out why you failed and set rules to make sure you don’t fail again. Remember, you lost 70% from a decision you made. You knew it probably wasn’t the safest but you did anyways. This is the outcome. You can try it again and there’s a 99% chance you’ll get the same outcome. You gotta try something different. It involves you actually doing homework everyday and keeping yourself updated on the overall economy. I can go on and on but I hope you get the gist of it.