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I Keep Losing Money. What Should I Do?
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What about growing losses?

Face reality, discover problems and find solutions.
We can only accept that things have happened no matter what, but we have to make some changes to change the status quo or avoid similar problems in the future.
Trading experience, not learned. Instead, it was a loss.
Since I'm still a newbie, I initially thought stocks were simply buying low and selling high. I looked for stocks with target prices expected by analysts. I found that some low-priced stocks had target prices that were tens of times different, so I began to buy many low-priced stocks in small quantities.
At this point, things began to get complicated, and losses began to occur. Losses continue to expand, and my losses this year have tripled compared to last year.
What about growing losses?
Perhaps everyone can accept a loss to a different extent. For me, no matter how much I lose, I can't accept closing a trade if I lose money; this is something I can't accept. Facing losses, I have to endure tremendous psychological pressure. Fortunately, the funds I have invested have been mentally prepared in advance. Although I have lost a lot of money, everything is still within the range I can accept. But I think it might take a lot of time to resolve the loss.
Find solutions
When I lost money, I realized that stocks are more than just buying low and selling high; in fact, they are very complicated. There are many techniques and methods on how to select stocks and when to buy and sell them.
Fortunately, moomoo is more than just a trading platform; he also shared a lot of knowledge and information. The new knowledge I am constantly learning here is very helpful for my trading investments.
It's been over a year since I joined Moomoo, and I still feel like I'm still a newbie. I'm still experimenting with various investment strategies. If you want to avoid losing real money, why not create a paper trading portfolio to test. Here we can create many different portfolios to test, but for me, creating one portfolio is probably enough; there are too many for me to manage.
The other one is to record stock review notes. Stock trading is about understanding and analyzing the results of our transactions, so we can reduce the occurrence of errors. We can record some reasons for buying stocks, which can better help us develop trading strategies.
My paper trading portfolio strategy 👉I don't want to suddenly become rich; I just want to win in a steady state.
Stock review notes 👉forerunner
Some insights I've gained after dealing with losses
1. Only invest losses you can accept, do a good job of risk control, and avoid huge psychological pressure.
2. Avoid stock overviews during trading
3. Low-priced stocks are highly speculative, trade carefully
4. Learn the basics of stock trading and do your homework before buying a stock.
5. Before actually trading, you can create a paper trading portfolio and find the one that suits you.
6. It is important to pay attention to market news; they can influence stock market trends.
7. Record stock review notes, which can help us review trading strategies and find problems.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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最渺小的我,有大大的梦😜
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