Day Trading 20 July: -$670 (live $) Dealing with a crippling loss

Hi guys, today I took a bad hit that brought my account below $25k meaning I now need to top up again before being able to trade freely. I made two major mistakes in the trade: 1. I was heavily influenced by my P&L and became very stubborn, and 2. size was too big and I kept adding to a losing position.

Overall, the video explains how I deal with it, and even though this is the most difficult video I’ve had to record, I know that in the long run it’s best thing. It’s tough to digest at the moment, but I believe in failure making you stronger, and will not give up.

See the video for my plans for the near future and how I was affected by this one trade.

And a motivational video to help get through this:

Post Author: Bart Puszko

I started day trading stocks in 2016. My passions include Liverpool FC and swimming.

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