ASX 0.06% $63.18 asx limited

great posts esp voltaire and t4p, thanksI have ended up only...

  1. 2,027 Posts.
    great posts esp voltaire and t4p, thanks

    I have ended up only $3000 loss overall from the money I personally put in, and now I am in a safe position. I count this loss as the best education I could ever get. I was a dumb noob trader, just going long mainly on fundamentals and the future. I thought I knew the game. I was so stupid.

    Now I have been shocked into learning about hedging and shorts and stop losses. I will know how to deal with a crash/correction next time and heed the warnings and put safety measures in place earlier. I managed to escape a large leveraged position by the skin of my teeth. I lost my profits but nothing else, nothing of real value.

    I know many will not have been so lucky which is sad. I wish you all the best.
 
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