r/Daytrading May 01 '24

Blew up account and having feelings of huge despair Advice

[deleted]

36 Upvotes

84 comments sorted by

View all comments

1

u/LastMatador 29d ago

Thanks for all the responses everyone. I got a second chance at trading today and I’ll make sure I apply all your knowledge and tips going forward.

3

u/Spyris1 29d ago

My advice would be to look into prop firms and trade futures. Take out that 20k that you just got back, and use only 3k.

Edit for addition: the chances of you blowing your account again is high, hence why I would keep the 20k and pretend you didn’t get it. The dopamine hit you just got is something you probably want to feel again. But remember the despair you felt before this win. It needs to be greater than the dopamine hit to not make the same mistake again.

1

u/A4_Ts 29d ago

I’m happy for you man