If you lost money in the stock market, please watch this. // Lost money in stocks Lost money trading welcome to looking at the markets with David Moadel today I want to discuss a
very serious topic if you're watching this video then maybe you've blown up
your account maybe you've lost a hundred percent of your trading account or
seventy-five percent or fifty percent if you've lost a large amount of money and
perhaps you're feeling depressed right now or scared or angry or whatever
you're feeling I understand all right I've been through it I know what it's
like to be scared about your finances and about your your situation that
you're in right now the first thing I want you to understand is that whatever
it is you're feeling right now it's not going to last forever
you're not going to feel like this forever it might feel like it's going to
happen or it might feel like it's going to last forever but it's not believe me
you will get through this
you'll get past it whatever you're going through whatever your situation is there
are other people out there who've been in the same situation or worse and they
got through it
they managed to overcome it and you can do it too
alright you can rebuild you can rebuild your finances you can rebuild your life
the situation right now is not permanent it's not forever so please don't do
anything drastic
I I don't want you to do anything destructive or or don't do any revenge
trading my revenge trading I mean taking on more and more risk in order to try to
get that money back from the market quickly please don't do that because
it's that type of thinking and that type of action that probably got you into
this situation in the first place in fact the reason if you blew up your
account or if you lost a lot of your money it's probably because you took on
too much risk and you probably did not abide by the small position sizing rule
that's rule number one for me which is don't put a lot of money into anyone
trade all right in fact I would say put five percent or less of your account of
your trading account into any single trade in fact less than five percent is
even better one or two or three percent is even better
ok if you stick to that rule then you're much less likely to lose a large amount
of money
if you only put small amounts into every trade all right maybe you lost all that
money in one trade or maybe was over five trades or 10 trades or whatever but
you you probably took on too much risk you probably put too much money into one
trade maybe you were in the denial phase you know maybe you put too much money
into a trade and it started going against you you saw your account size
getting smaller and smaller and going down and down and down and it may be
were ended in denial where you just said well it this trade it'll turn around
okay I'm just gonna stay in there and it'll turn around and and it probably
did not turn around
ok and and then you had to accept a bigger and bigger loss maybe through
more money at the trade to try to fix that and maybe you put more money into a
losing trade which I don't recommend in most cases
alright and
again you are not a you're not abiding by the small position sizing rule in in
all likelihood ok and so I want you to learn from this experience I want you to
from now on if you decide to get back into the markets I want you to put in
small amounts of money every time you trade all right
that way you won't be as likely to do emotional trading because it'll be small
amounts and so you won't feel the so much fear you won't feel the emotions as
much because it'll be a smaller amounts
ok maybe you need to step away from trading for a while or just paper trade
for a while that's okay you can come back to two real trading with real money
later on if you want to but you don't have to you can walk away for good from
trading and that's fine too but wherever whatever you do learn from the
experience
don't do anything drastic and understand that whatever you're feeling right now
it's not permanent
this situation is not permanent if you're feeling fear or depression or
anger you want to blame the markets you need to get out of that
and and you will get out of it you'll you'll get back to your happy normal
self
ok believe me you'll get through this it's not forever
alright so I i hope that this will motivate you i hope it will help you get
back on track with your finances and with your life
alright it's gonna get better believe me this video will be here for you whenever
you need to watch it it'll be here i'll be here
I'm not going anywhere if you want to contact me in the description of the
video on youtube you can see my email address there and you can you can
contact me
alright and we can talk about if you need to but don't do anything crazy
it's going to be fine alright so i hope this video helps you i hope it you know
motivates you and keeps you keep you on track
it's gonna be alright alright so thank you so much for listening to this and
i'll talk to you soon