How I Lost Over $10,000 Trading & Investing

I lost money trading and blow several accounts at one point in my trading journey and I want to share with you some trading lessons that I have learned from losing money trading.

You see a lot of traders losing money but then they just engage in revenge trading and then not learning from their trading losses. If you would just step back and learn from your trading losses, it can teach you a lot of lessons.

It's normal for traders to lose money in forex, stocks or crypto especially in their first year of trading and investing. Even professional traders still lose money once in a while because no one can predict the markets. However, professional traders just make sure that their profits exceed their trading losses. That's how they can make money in the long term.

This year there are lots of people who lost everything investing in crypto and it's a sad thing because most of these people went all in based on greed rather than rational thinking. Luck can make you fast returns in the short term but then skills will make you last long term.

Disclaimer:

The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.

Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.

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Singapore youtuber profile:

Karen Foo is Singapore trader, investor, financial trainer, author, motivational speaker and international speaker. Her content on Youtube and Tiktok has helped tons of traders around the world to master trading.

Karen is actively involved in speaking at various financial conferences, seminars, expos, workshops and publicly-held events in Singapore, Malaysia, Thailand & Vietnam. She has shared the stage with top investment gurus and CEOs at the various conferences she has spoken at. She is also a TEDx speaker.

Having overcome numerous setbacks in her life, she has gone on to inspire hundreds and thousands of youths, working executives and leaders of various companies with her stories.

Being labelled as the “quietest student and underachiever” throughout her life, she went on to win numerous awards in public speaking contests, traders awards, academic awards & scholarships.

She graduated with a business degree specializing in banking and finance from Nanyang Technological University where she was listed as a featured alumnus. She was also nominated for NTU’s social responsibility gold medal award for her various contributions to charity. While in university, she was already interviewed by Singapore’s national TV, Channel News Asia as a young investor.

She is also the contest judge for numerous public speaking contests held around Singapore, ranging from club level to National level contests. She also represented her university 2 times at a national public speaking competition.

She was also featured in TV, radio, magazines and documentaries for her academic & career achievements. She has also written financial articles for her university newspaper and Singapore’s popular news platform, The Strait Times.

She was voted as the “Best Trading Guru in Singapore” by Traders Awards 2019. She was also given the “Top Popular Analyst in Asia” award by Wikiexpo.

Karen represented her university in a trading competition and managed to rank #1 in a Singapore nationwide Forex trading competition, competing with over 200 traders from NUS, NTU, SIM, SMU & the 5 polytechnics based in Singapore. She was also ranked 10th in a contest organized by FX Street, competing with over 3000 traders from over 20 countries. She was also ranked top 3 in other Asian trading contests.
She is the author of “Fundamentals of Currency Trading”.

Her wide range of experience has also led her to co-author a book, “Turning Ideas into Profit” with 10 other experts and professional speakers. Karen is also a contributing author of an investment book titled “Your Cash Moves”, where all the proceeds are donated to the Singapore Children’s Cancer Foundation.

Karen Foo's email: karen@karen-foo.com
Manager's email: admin@karen-foo.com
Website: http://www.karen-foo.com
Facebook: https://www.facebook.com/KarenFooSpeaker
Instagram: https://www.instagram.com/imkarenfoo8/

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Music Credit:

https://youtu.be/fi8dQNVx9Wg