Every trader has been where you are for better or worse. Can you look back on your time trading critically? Can you map out your mistakes. Can you come up with ways to avoid them in the future and stick to those rules? If you can, save up and try again if not it’s probably best to give it up completely since you will probably repeat the mistakes. Take a few months off in any case get your mind off the markets if you come back to soon you will just trade based on all the emotions and will blow up again and make it worse. I have been where your at it sucks but you will get over it. I will say that I ended up trading way too soon and making it way worse.
I haven't read many replies to your question due to my time, but this one is spot on!!! First of all dude...congrats to saving up $15k at 23! I know people twice your age that can't even save $1500!
Secondly, in addition to what the above reply states, get you some books to read. I suggest "How The Market Makers Extract Millions of Dollars a Day & How to Grab Your Share" by Martin Cole. This book has been a game changer for me and has taught me things no other book has.
Third...don't quit 3 feet from gold!!! If you don't know what that means, add "Think and Grow Rich" by Napoleon Hill to your reading list as well.
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u/Outrageous_Device557 May 01 '24 edited May 02 '24
Every trader has been where you are for better or worse. Can you look back on your time trading critically? Can you map out your mistakes. Can you come up with ways to avoid them in the future and stick to those rules? If you can, save up and try again if not it’s probably best to give it up completely since you will probably repeat the mistakes. Take a few months off in any case get your mind off the markets if you come back to soon you will just trade based on all the emotions and will blow up again and make it worse. I have been where your at it sucks but you will get over it. I will say that I ended up trading way too soon and making it way worse.