Reply To: At what point do I throw in the towel?

#192021
Christian Harris
Participant

    We’ve all been there, Harry.

    Making mistakes is part of the learning process. The fact that you haven’t blown your account yet is a great achievement for a beginner trader.

    The best thing you can do is walk away for a while (days or weeks) to reassess your strategy.

    When you decide to come back, try trading with less risk.

    Have you tried swing trading without leverage so you won’t have to worry about overnight fees? A few decent trades will help rebuild your confidence.

    Remember. Day trading is the most difficult way to trade, and very few people succeed.