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1  Economy / Trading Discussion / Re: A long journey taken short - first and last journal entry of a failed trader. on: March 31, 2020, 05:56:49 AM
Thanks for the great read and I do definitely understand the emotional process you might have encountered during your trading.
I consider myself a hobby trader, as I am involved in the industry but trade only on my spare time.
I've started on bitmex at first and got lured into the 100x and soon realized it was my greed that keeps turning those 300% profits back down to 20% and even at a loss in most cases.

From what I've been studying some seasoned traders are, stick to a strategy that works through trial and error, put only what you can afford to lose and believe in your strategy and keep to the rules you set for youself (ex. take profits at 20% regardless, etc.)

Wish you the best of luck and hope you regain all your losses.
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