I've Lost 48k Trading! What to Do!? 😟

  Рет қаралды 26,192

UKspreadbetting

UKspreadbetting

Күн бұрын

Пікірлер: 125
@ukspreadbetting
@ukspreadbetting 5 жыл бұрын
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@mrsatan2078
@mrsatan2078 4 жыл бұрын
This is SO RIGHT. I started with 2k, did stupid trades and finally stopped at $400,and took a break for a day. I came back in over a few weeks more devoted, less risky and traded back up to 1k, then 7k. But I got greedy after growing big profits in one particular day, I traded again hoping for more but instead fell to 5k. Did I stop there? No no no, I DOUBLED my money per trade and ended up at $0 within 2 days of that - completely liquidated. Don't get greedy and don't fucking trade/chase after a loss
@Kirtiman3D
@Kirtiman3D 3 жыл бұрын
I lost around $200k. Now, I got a goal in life: try to get the money back from the market during rest of my life :)
@samshalson9977
@samshalson9977 3 жыл бұрын
i have lost 130k and have not slept properly for a year, i wonder if i ever can recover
@MoaizAli
@MoaizAli 3 жыл бұрын
Lost 12K today. Needed this, thank you!
@christophederu1060
@christophederu1060 6 жыл бұрын
I've lost 30K and still in the game.
@andreaceribelli9705
@andreaceribelli9705 6 жыл бұрын
I am a student and i Lost 3k which i gained last Summer of hard work,It was a big Blow and now i am extremely prudent and Just use small amounts
@MegaMalik90
@MegaMalik90 6 жыл бұрын
What kind of hard work? Let's do business
@ranger021
@ranger021 6 жыл бұрын
If you just went through something like this, still want to trade and you think this video was rubbish - one thing he should have clearly stated which he didn't: you need some "tough love," not pity. If you were hiding this from people close to you, there is likely no one else in the world other than this moment that's going to offer what was just provided to you. Take a step back, get your head straight and learn from this - this was a significant life moment so you need to frame it, compartmentalize it (good life story but something to put behind you), and move forward. Regret will come if you do nothing about this and let this moment consume you, not from the actual loss of $$.
@thomascruz713
@thomascruz713 6 жыл бұрын
I lost 50k over 3 weeks in Oct. I was devastated. I recovered and kept going and then lost 20k and got back 12k. Then I lost 10k in one day! WTF! Why? Impulsive trading... Emotional trading... Revenge trading... News trading... Trading too big lots... Absolute zero risk tolerance... Trading for money instead for the learning of how to trade!!! Yes I am new, but It is all the price of admission. I will learn from this. I stopped trading and reevaluated my approach and will be taking a rational, educated, planned approach with small lots. I expect to get better. Like most traders, I was my own worst enemy! Trading will teach you a lot about yourself. Learn from it!!!
@hugavet3049
@hugavet3049 3 жыл бұрын
Yep. Did the exact same thing! Turned a 10k loss into 130k loss. I wish I had watched this 8 months ago. I ran right back into the market swinging big.
@hugavet3049
@hugavet3049 3 жыл бұрын
I just lost 130k! I traded away my retirement account. Chasing losses. 130,000.00 my inheritance gone! Trying to get it back. DO NOT DO THIS! I CAN'T BELIEVE WHAT I DID! I HAVE A FAMILY! I WAS WRECKLESS! OH GOD OH GOD OH GOD!
@ronforthethrone
@ronforthethrone Жыл бұрын
I just lost a significant amount of my life savings - $25k to be exact in 4 trading days this month. I don’t even have a house or a car or a partner and this loss is taking a toll on my mental health. 32 years old single guy. This was a lot of money for me. Oh man, I could’ve used this money for so many other things. I was doing pretty good and blew up my account due to being impatient, undisciplined, emotional and disrespectful towards my life and money. Hopefully, this turns out to be better for my future and I’m able to move forward with great discipline, gratitude, resolve and make 100 times more.
@mattwalter6207
@mattwalter6207 2 жыл бұрын
I was down over $50k at one point the last 2 days. Kept on buying more thinking i could dig myself out. It sucks. Love what you said about not letting a loss define your worth and who you are
@samtavoosian3059
@samtavoosian3059 Жыл бұрын
I have lost about 110k in a year. Im starting everything from the scratch. How is your trading journey going now?
@arjuntamang7643
@arjuntamang7643 2 жыл бұрын
I lost more than $40k. That is net 2 years salary of mine at the age of 36. That is huge for me. Hard to manage my financial situation. I never ever thought my financial situation go this tough. Complete mess. How I lost. No technical and fundamental analysis knowledge Overtrade No risk management No trading plan Chasing loss High leverage
@SuperMrMansoor
@SuperMrMansoor 2 жыл бұрын
I lost 283k in last one year, Trading, Crypto and Amazon ecommerce business. God knows how i am alive. Most of it is bank loan, rest my 17years life savings, not sure if i will bounce back, but i have started over and looking forward.
@samtavoosian3059
@samtavoosian3059 Жыл бұрын
thats harsh man! I have lost 110k in the first year. Are you still trading?
@vondutch12
@vondutch12 4 жыл бұрын
I've been trying to make it in trading since 2016. I've felt like at last I'm making money constantly just to get a reality check and lose all my gains in one trade. What I've come to learn is that I suck at it.
@thescallytrader
@thescallytrader 6 жыл бұрын
Every trader has done this relative to their account size. It's a tough mindset to escape. The only way to learn to trade is the hard way for 99% of traders.
@EK10241024
@EK10241024 2 жыл бұрын
I started Futures trading January 1st of 2022. I started with 1.13 million and grew it to 2.6 million mostly trading nasdaq futures, by March 10th. I lost all of my profits (1.5 million) and more. I let just a few losers run, without stops and willingly watching them and hoping like a fool. I realized I have to use stops and pick my trades for risk reward. Thankfully, I am watching all of your tips on youtube. gnoring basics can really crush an account.
@aweinfinitebliss
@aweinfinitebliss 6 жыл бұрын
I was once that crazy guy you describing. That's until I really understood how the brain works, especially as it relates to randomness.
@eliasbairamis6069
@eliasbairamis6069 4 жыл бұрын
I once lost 18k, 15 minutes, I felt bad, of course I tried nto to have emotions. I just got decided to move on and I just stopped trading for a week and then back.
@aeon7748
@aeon7748 Жыл бұрын
The market will make a mockery of you the moment you don't respect it. Thanks for the video, I hope everyone reading these words, bounces back or learns something from their loss.
@Ziqibhai
@Ziqibhai Жыл бұрын
Lessons are very expressive in trading.
@eleonorael2251
@eleonorael2251 3 жыл бұрын
Guys I was watching this and wondering: does people really do that what Mark described in this video?? But that's VIOLATING THE MARKET!! You have to LOVE the market... Instead my mistake it's the one Mark described at the end: I put all my self worth on my performance... and as soon as I began to loose I lost not only money, but also myself... I've already realized it months ago but still it was hard to recover mentally
@Zeezazz
@Zeezazz 4 жыл бұрын
I'm down 40k after two years. I have no idea what to do now. Quitting seems to be the only way to cut my losses sadly
@shaymashiach3320
@shaymashiach3320 6 ай бұрын
Thank you for that, I am mentally recovering from a devastating loss. I decided trading is what I want to do and as much as it is dark right now I will slowly build back up and try to get back to a better place.
@mrsatan2078
@mrsatan2078 4 жыл бұрын
5:18 - after a catastrophic loss, just stop trading and take a step back; trading while tilted results to more losses
@simpleforex1299
@simpleforex1299 6 жыл бұрын
patience is important in trading
@bluesstudio7441
@bluesstudio7441 3 жыл бұрын
I just lost 5k of my only savings. How do you continue life after this? I'm so depressed and my wife still doesn't know about this. I'm afraid to tell her.
@TheArtOfTrading
@TheArtOfTrading 6 жыл бұрын
That bit about getting stopped out trying to take stabs at the same trade while sizing up and bleeding yourself dry by the end of the day is spot on haha. I remember those days very well. Good times
@falashlaba20
@falashlaba20 Жыл бұрын
Wish I searched for this after i lost the "4K". Unfortunately i went ahead to lose the "8K" trying to make up for the "4K". Thank god I'm not down to the"48K" mark... I have about 66% of my intitial investment left, but blew all my investing profit that I earned in the past 2 years. Pretty unreal to me that i'm ''that guy''. Thanks for this video. It helps. take care
@13gibney
@13gibney 2 жыл бұрын
Just lost 55k I feel sick gonna take the rest of the year off time to reflect 😔
@thesubwaybrothers3917
@thesubwaybrothers3917 3 жыл бұрын
Everyone: I lost $46k in a day Crypto: lol
@CarelBlumenstock
@CarelBlumenstock 6 жыл бұрын
There is two channels I think are worthy of being consumed, this is one of them. Keep up the good work, highly appreciated.
@olliemoore11
@olliemoore11 6 жыл бұрын
would u like to give us the other one
@JoeMacStevens
@JoeMacStevens 4 жыл бұрын
I had a devastating loss today. This helps thanks
@abyyuda8076
@abyyuda8076 10 ай бұрын
I LOST more than 80K in 3 years. my Pay check, my saving all gone Trading CRYPTO. first i always win and emotional got me FOMO. i thought i will win again but i lose everything. and im not learn from my mistake. Maybe i will take a break for a YEAR and saving money and put All in when im ready.
@ukspreadbetting
@ukspreadbetting 10 ай бұрын
Putting 'all in' is a certain way of losing your money.
@mj_fx
@mj_fx Жыл бұрын
Lost 8k in a day mahn .. I felt like that's the end of journey for me since then I realized never chase what's gone work on what you you got💯
@namelessanonymous3003
@namelessanonymous3003 3 жыл бұрын
I just blowed up my account for about 20th time an hour ago from writing this. I feel a little bit better reading comments about people losing thousands and even tens of thousands within a day or minutes. I'm down about 10-12k in total. I think that my last goal is just to stick to simple long term investing and make back what I've lost that way. With patience. Good luck to everyone still in the game or interested trying trading. Trading can consume your savings and your time in a very brutal way.
@Nevil_Samnauth
@Nevil_Samnauth 4 жыл бұрын
A lot of people equate huge losses with learning in the market. As if thats the cost of that lesson. At some point you need to realize you can't resist not scaling and you have a problem. I wanna make a video about my losses. They were a huge hit to my mental health for a period of time.
@beardog6569
@beardog6569 6 жыл бұрын
Legacy Talk: Devastating loss. Crypto talk: REKT
@supersammyabuja
@supersammyabuja 2 жыл бұрын
One million down and now rebuilding slowly. Nothing I can do
@mergeform
@mergeform 6 жыл бұрын
It's a bear market, so turn your charts upside down
@alexlimion2624
@alexlimion2624 Жыл бұрын
Great video, key takeaway for me is NEVER average down
@Andenwhat1
@Andenwhat1 6 жыл бұрын
I watch your vids A lot ...one needs screen time and risk management and knowing yourself as a trader
@callengaza1928
@callengaza1928 Жыл бұрын
One thing I have learnt from this channel is " TRADE DEFENSIVELY ,OVER TIME YOUR ACCOUNT GROWS AND YOU GET BETTER AND BETTER"
@glisteningkabana8154
@glisteningkabana8154 6 жыл бұрын
Love the channel guys! Thank you🙌
@arefcr7
@arefcr7 6 жыл бұрын
these videos are gold!
@thatsrich944
@thatsrich944 6 жыл бұрын
A $48,000 loss means absolutely nothing without the context of account size and normal portfolio volatility, based on individual goals and risk appetite. In a $2,000,000 account, that's only 2.4% which is a completely acceptable daily fluctuation. In a $50,000 account, you are obviously a horrible trader and need to quit.
@lapamful
@lapamful 6 жыл бұрын
Agreed, but professional traders would consider 1% risk per trade to be their limit. It's ironic, but they're usually in a position where they're managing other people's money with bosses having full oversight, so they're constantly forced to trade 'smart' (ie without emotion).
@TheArtOfTrading
@TheArtOfTrading 6 жыл бұрын
Lol how many retail traders do you really think come into the game with a 2 million dollar bank roll to start? Be real That's Rich! Those are prop firm numbers. I think we can be pretty certain that this trader he's talking about could not afford to lose $48k. If he could then he wouldn't be complaining about it in the first place. The point of these videos is not to talk about the rhetorical loss limits of big traders but to learn about the pitfalls amateur retail traders fall into. Shit, a $1,000,000 loss is nothing to George Soros, but who does that help to know lol
@imesh9989
@imesh9989 Жыл бұрын
I lost also my life saving 5k please like me bcz i can remind me again to again have long slow journey to go
@TeyThawe
@TeyThawe 3 жыл бұрын
Literally this just happened to me and exactly how he said it, what a fucking shit day eh. Nothing will stop be moving forward but damn man it hurts so bad
@maveri.k
@maveri.k 6 жыл бұрын
Thank you so much for this and all the great videos!
@aloysiusjoseph8440
@aloysiusjoseph8440 6 жыл бұрын
Thanks mate, I needed this.
@mdk124
@mdk124 3 жыл бұрын
I am a student and lost 35k these 2 weeks. Pretty devastating, but I'm not sure how I can stop immediately either given that the market has supposedly corrected a bit already.
@cryptoanything39
@cryptoanything39 6 жыл бұрын
Dbest... Wish u saw this video yesterday... Glad am seeing it now... Lost 80% of total profit in one trade... 3.7 Bitcoin... OMG! I over traded... over leveraged... under laddered... over margined.... risked way too much money, went against the trend.... Now I know better... Thanks About to go watch your video --- when u lost 40k... wow.
@kikimasfe
@kikimasfe 5 жыл бұрын
I lost everything and considering just ending my life. Everything just seem pointless now.
@ukspreadbetting
@ukspreadbetting 5 жыл бұрын
DON'T! Money comes and goes. Your life is worth much more than any money can buy!
@deficator750
@deficator750 4 жыл бұрын
Right now im about to lose my account u less the price goes back up a little. Very stressful, i have 1k equity if room praying for a miracle.
@zehavaswheelchairdog3584
@zehavaswheelchairdog3584 5 жыл бұрын
I've lost a million on a demo trading account. After a few months I've learnt how to slow down my losses. That's it.
@joeblow5588
@joeblow5588 Жыл бұрын
Retail trading is a misery maker leading to suicide.
@Bakerromeo
@Bakerromeo 6 жыл бұрын
Thank you, great video :)
@ScalperSpecltr
@ScalperSpecltr Жыл бұрын
How about 4M?! And I believe it can be recovered. But it requires time. One day I hope to write a book how I did it. Hope to be be in the black by the end of 2024.
@aweinfinitebliss
@aweinfinitebliss 6 жыл бұрын
Solid advice, single trade event syndrome. That's where you burn out your account in one shot 😂
@yuribezmenovthegreat4705
@yuribezmenovthegreat4705 Жыл бұрын
I lost 10 today. I can't deal with it
@AimsyCost
@AimsyCost 5 жыл бұрын
Well-said. Thank you.
@moneyfestation5295
@moneyfestation5295 2 жыл бұрын
SO ON POINT! thanks a lot
@valarmorgulis3920
@valarmorgulis3920 Жыл бұрын
I lost £38,000. New to trading this month. Worst mistake of my life. Won’t be trading for at least a year 6 months because its around that time I will recoup my losses through my salary. It the worst feeling. I’d rather take a kick in the nuts. Praying doesn’t help. Nothing helps. I’ve started smoking cigarette again. I probably will take up drinking on the weekends to kill time. My first child will be born this year. I feel like the stupidest person on earth. My wife knows but not how much. Life changing money. I have 5K left in my bank. There’s no help for people like us. We have to help ourselves we know what to do. Its gut-wrenching. I feel sick thinking about it. I may sell my car, the only asset I have. Xauusd. I will be back.
@hobzyx3184
@hobzyx3184 2 жыл бұрын
i lost $500, As student working part time, this one hit hard.
@rizz-a
@rizz-a 2 жыл бұрын
Same lost 500 just 12 hour ago
@hobzyx3184
@hobzyx3184 2 жыл бұрын
@@rizz-a it’s okay man, just learn from it. i lost it on Gold, wanted to short the reversal but kept moving up and i was to stubborn to pull out
@warrenapepuffet4612
@warrenapepuffet4612 6 жыл бұрын
Great content great jacket👍🏻🙏🏻😇
@donovintran6049
@donovintran6049 7 ай бұрын
i always making this mistake .... i get super pissed off and trying to trade. The result terrible lost. .... just get up and walk away and come back the next day..
@mostafam5741
@mostafam5741 3 жыл бұрын
I have lost 5k today and as you said that's exactly what happened first I lost 1k and then I go again for the same trade with another 1k then 3k it's a really big loss for me but I will take a break hoping to recover soon mentally 😔
@beardog6569
@beardog6569 6 жыл бұрын
Don't DLA: dollar loss average
@jamesmichaelexclamador9944
@jamesmichaelexclamador9944 5 жыл бұрын
Stop is just for cowards, you must learn on your mistakes. Just pause and do some research and be a better trader.
@mssn3166
@mssn3166 2 жыл бұрын
I’ve lost some money and enthusiasm with it. It’s discouraging. I put my money in guaranteed investment instead, though smaller gains but sure.
@ukspreadbetting
@ukspreadbetting 2 жыл бұрын
There is no guaranteed investment in life. Investment = risk. Generally the bigger the potential return, the bigger the risk.
@haithamannaji4790
@haithamannaji4790 Жыл бұрын
I lost 250$ I'm just a student that was alot for me I just wanted to up lift my financial situation now I can't sleep well or focus on my studies
@theNEWTful
@theNEWTful 6 жыл бұрын
Spot on advice
@cameronlast4405
@cameronlast4405 2 жыл бұрын
Great video
@alecbamfield9610
@alecbamfield9610 6 жыл бұрын
With the opposite is there any advise to gain funding for trading, or just a loan. ( hope you get the question) thanks
@handsomeguy8199
@handsomeguy8199 3 жыл бұрын
I have lost 130K usd in one week. Wtf
@emilezaha3678
@emilezaha3678 4 жыл бұрын
Incredible.
@caen163
@caen163 Жыл бұрын
My problem is loss whole my capital 9 times I have 4 months In trading and I use I try alot of things now I work in price action but my loss more than Successful I don't know if I have to keep treading or stop
@fractalzoomgoggles
@fractalzoomgoggles 6 жыл бұрын
Still cheaper than marriage and divorce. #MGTOW
@antonioandre1328
@antonioandre1328 4 жыл бұрын
My life saving aren't even half of that value
@13gibney
@13gibney 3 жыл бұрын
One of the best videos ever 👏👏👏
@nathanlambert1502
@nathanlambert1502 4 жыл бұрын
i just lost 50K USD in one day and im from in canada and in no way am i rich or anything lol, this is what me search these tutorials just curious how much other tradesrs have lost in one go, mine happend from a hault, it went on for a few hours until the sec unhaulted it and everyone just dumped and the stock wayy down and wouldnt stop so i forced to pull out as fast as i could, but the damage was done :(
@nathanlambert1502
@nathanlambert1502 4 жыл бұрын
and yes this experience was painful .... lol
@snowwoman2233
@snowwoman2233 3 жыл бұрын
stock trading and gambling in a casino is the same s...t
@mozartm422
@mozartm422 Жыл бұрын
-150k in 3 years All the money i saved up working for 10+ years. Now im 35 and broke. Idk what to do next. Quit maybe. Loss snowball effect
@ukspreadbetting
@ukspreadbetting Жыл бұрын
I'm sorry to hear that. Where did you put the money to lose the 150k? I know it is very easy to lose money - far too easy unfortunately, there are traps everywhere.
@vimalb88
@vimalb88 4 жыл бұрын
Great advice.
@smoothoperator7023
@smoothoperator7023 Жыл бұрын
Are all these losses due to you guys trading yourselves & not knowing how to go about it or is someone else losing your money for you?
@Bhararv
@Bhararv 3 жыл бұрын
Ok
@Frank-y4h
@Frank-y4h 7 ай бұрын
I lost 700 usd and I find it difficult.
@viennacalling85
@viennacalling85 Жыл бұрын
48k or 40k now
@rupesh_patel1960
@rupesh_patel1960 6 жыл бұрын
It is quite relatable 😋👍
@chibabymack3350
@chibabymack3350 5 ай бұрын
I have lost over 10k 😢😢😢😢😢😢😢God help me to recover this money 😢
@titusbristol7566
@titusbristol7566 2 жыл бұрын
Lost 16k
@rikirex2162
@rikirex2162 2 жыл бұрын
casino is fairer
@jullianmark2577
@jullianmark2577 6 жыл бұрын
CRY!
@SnowWhite-dr6xh
@SnowWhite-dr6xh Жыл бұрын
Nobody wikes woosing money
@Majko-ei1uw
@Majko-ei1uw 5 ай бұрын
I lost 3.5 k last week due to poor Internet connection am so mad I feel like smashing my house up virgin media 😐
@houssameddinebensaha5054
@houssameddinebensaha5054 Жыл бұрын
I had lost 2k and i blow my account
@AbdulForexInvesting
@AbdulForexInvesting 3 жыл бұрын
Brokers are also one of the major reason one lose money . Even top brokers like IC markets cheat in a way which you can't even think. My TP on BTCUSD was @28337.23 . It was a sell trade of lot size 2.20 and went as low as @28117.21. They never closed my trade and let it open. After contacting them the support didn't come out clean and rather used irrelevant excuses to cover their BS that ask price is less than this, that pure non sense. I lost over $4k within few seconds due to all this which could be a profit of at least $2500. Manipulating candles, hunting stop losses, not hitting our tp levels is what most brokers are doing . Due to all these technical difficulties / cheating from their side my equity is in huge drawdown which could be a very decent profit . I am an experienced trader and trust me these brokers and institutions are way clever than you . You might lose years of your savings in a glance of seconds .
@ukspreadbetting
@ukspreadbetting 3 жыл бұрын
IC Markets are not a stop broker in my book but rather a questionable one!
@Andenwhat1
@Andenwhat1 6 жыл бұрын
This vid was meh bc the way u explained the scenario it sounded more like trading against the trend more bc u said the same trade best Wait for a better entry signal
@alanwelsh3068
@alanwelsh3068 6 жыл бұрын
Q: Are the big signal sellers in bed with the Brokers?
@davidweru3134
@davidweru3134 6 жыл бұрын
There are no big signal sellers. If anyone really knows the next move, they're not sharing that info.
@Daniel-ux5st
@Daniel-ux5st 6 жыл бұрын
@@davidweru3134 why?
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