Posted by

u/tradingyn

5 days ago

Lost most of my savings and Unemployed

Investing

Hi Redditors,

Just want to share my story and need advice on how to move on from here…

I am 30 years old this year.

Previously I was trading and working full time before I moved to full time trading after some consistency in trading.

I was doing very decent and managed to have about 500K in total savings from trading.

Some bad months happened and I lost almost all of my savings and buffer which was supposed to be a replacement for my employment income.

Now I am feeling very worried and anxious as I do not have much savings (about 30k) left, which also means lesser capital to make money from trading.

Also, I am unemployed for 3 years and it will be a challenge to find employment now.

Really need advice.

I am feeling very sad, guilty and anxious over the lost money, and the fact that I have effectively wasted so many years in building that. Furthermore, any savings from salary coming in will take even 10s or 20s of years to even match back what I’ve lost.

Thank you