A word to those at the beginning or middle of this “run.” A word to those who put more than they can lose on the line. Quit while you’re ahead(or behind). The thought of getting it back is grandiose at best. I’ve lost everything, consulted a bankruptcy attorney a week ago, am facing several lawsuits and potentially jail time as I used funds from my small businesses to try to get it back. I knowlingly went down the wrong path, took out loans, spent my life’s savings and lost…repeatedly. To make it worse, my wife and kids are suffering due to my addiction. To put it simply, if you’re losing like I have, you are gambling and not trading. No, you won’t hit a big win and be back on top. No, a small strategy change will not save you. That’s a 1:1,000,000 dream.
Be careful, be smart, have fun-safely.
I hope my depressing story and overly terrible trading helps someone from doing the same.