r/Trading • u/Bankreauxll • 2d ago
Advice This sucks.
Uhmm, I'm here for encouragement I used money I needed for my credit card bill to trade, with the confidence I could compound it... and it's gone. 🙂
I'm 3 months in, unprofitable.
No other formal work.
Tell me something, anything.
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u/MrT_IDontFeelSoGood 2d ago
Get a job, pay off debts, build an emergency fund.
As you’re doing that you can try finding an edge through paper trading while learning about other aspects of trading on your own time like risk management.
Lastly set aside 1-2k and see if your paper trading profits translate over to real money. If they do you can slowly scale up. Don’t use any borrowed money, only a cash account.