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RE: Stock Market: Am I hitting my Beginner's Luck?
Your post reminds me of a micropost I published 5 years ago. To be sure, "trading isn't easy. It's not for the weak at heart." "I am reminding myself to be cautious when I feel cocky. It is during this time that I lose big. I also need to remind myself not to be afraid to take risks. Due to my losses, I have the tendency to be extra-cautious to the point that I might fail to execute my trades. I think a small dosage of fear is healthy, but not to the point that it will paralyze me."
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I went through your post and it looks like that you now have more than a decade of experience in trading, Just wondering , how profitable this turned out for you overall, from start to till now.
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Well, I started in 2015 and lost 49% of my capital in my first year. That pushed me to study technical analysis. The following six years were all net positive, but due to minimal capital, I was not able to recover the loss in 2015. I was still working in South Korea at that time. Upon my return to our country in 2016, I consumed my trading capital because of family expenses. However, things changed with the arrival of the COVID-19 variant. Our local stock market stopped as if it were dead. No movement. I suffered a loss again, but not so big. I waited 6 months until my son made me realize the potential of cryptocurrency.
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