So I've been trading for 3 months now. I actually started pretty solid making 900 USD on the first month, sadly my second was a disaster and ended up loosing 7k in forex trying to get easy money (obviously). I took 2 weeks off to think about what I was doing and decided to get in again but trying to actually follow some rules and working on analysis etc. I ended red this month losing 1k more, almost all my moves went the other way around, I tried following the trend, looking for support and resistance but almost always ended up going the other way around. I feel frustrated because when I lost 3k I was about to close my account but I ended up trying once more and ended up much worse.
I am a very young professional. The money I lost represent about 6 months of savings, since I live alone and earn a lot I am able to save about 2k per month, that's why I'm not broke already. I am thinking into moving to a more passive way of savings and just put money every month in a company that invest for me with about 4% return per year. Do you guys think this is a wise decision? Maybe save that money and actually buy some real stocks instead of speculating in the market?
I could have bought a Bitcoin in September and I would have made literally 10k...
Submitted December 15, 2020 at 06:02PM by nikolaichev https://ift.tt/3mnCBXp