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It's okay
You would have lost 10 times as much in the next two seconds
Haha that's true.
Akshually, that hypothetical 20% profit is 20% of what I lost from stock trading from the previous entire year. It took me that much of embarrassing huge losses to finally read up and practice more about trading (and my circumstances now finally allowed me to do so). I guess now it is finally paying off but in practice mode! And I guess I had bit of luck at the moment since Trump's tariff had been ruled unconstitutional by the federal court, so the stock market feel very confident.
If you measure your "look how much money I could have made!!" in "groceries" and not "how many years earlier can I retire", I really think you should invest your money in something with less risk.
I don't know your exact situation, and you said you've done a lot of reading and practice, but how strong is your willpower? Can you set a budget of money you can afford to lose without affecting your life, and stick to it NO MATTER what? If you are honest with yourself and know you would dip into your savings if you were "sure" you knew you were going to make a profit, then please unsubscribe from anything that brags about trading profits, and find your dopamine hits somewhere else. It is expensive to be poor in this country, and if you make one mistake and lose money you can't afford to, you might never get out of that hole for the rest of your life.
But! If you can set a budget and stick to it no matter what, then I wish you the best of luck!!!
EDIT: I said "in this country" assuming you live in USA. Maybe you live somewhere else, but I'll bet it's expensive being poor in a lot of countries.
Well, my losses is not even 1% of my yearly salary so I am not too worried about what happened. I am also minimalist and don't buy frivolous stuff but only what I need. Therefore I definitely took a measured risk imo and never threatened my savings. It has only been recent changes in my life that afforded me more time to learn more.
Like I said to another poster, a friend (who made 200k as an ordinary person) introduced me to stocks didn't tell me that CFD is risky and different to normal investing. Our lives went separate ways and I don't think I will ever have the chance to rant to him that he never told me CFD is not investing! Although, I do now have proper investment portfolio and set aside 10% of my monthly wages to them.
Thank you for the advise and definitely I developed trading strategy which I think will minimise the risk than before!
Does you friend go to another school?
He was a work friend.
I just signed up and put a bunch of extra money in EFTs and I’m up like 30% after five years, I did no research