Lessons from Losing $6.5k in Futures Trading
Today, I lost around $6,500 USD from my futures wallet.
It's definitely painful, but instead of dwelling on the loss, I'm reflecting on what I can learn from it. Losing this amount is like paying for an expensive course- except this time, the lesson came through experience.
Here are my key takeaways:
1. Never Be Too Greedy.
It sounds obvious, right? I thought I understood it before, but now I feel it.
Greed blinds rational thinking and often leads to bad decisions.
2. Money Is Not Everything.
We all know this in theory, but experiencing a significant financial loss puts things into perspective. Money can be
Focus on Building a Business, Not Watching Charts.
The time I spent glued to screens was just like binge-watching Netflix or scrolling Instagram-unproductive and costly. The best investment I can make is in my business, where I have control and can create real value.
Final Thought:
Let money work for you, not the other way around. This experience was expensive, but the lessons I've gained are priceless. Here's to smarter decisions moving forward!