Losing money is par for the course with experienced investors

email rounding up the latestA few weeks ago, my crypto friend told me that he was “about £70,000 down”. He is what passes for middle class in London, and can presumably afford to lose £70,000, as he made it all from crypto over the past few years. Having unburdened himself of his losses, he started talking about buying the dip, which suggests he hasn’t totally lost the faith.

But, for those who have made millions very quickly, it may be a different story. Especially if they had used debt to magnify their gains — the process works in reverse when asset prices tumble, making the fallout much worse. They can become depressed, angry, even suicidal. “It depends on how much of their ego and self-worth is wrapped up in their net worth,” says Klontz.

Tony Marini, a psychotherapist in Scotland . . . , says he sees a lot of people who started out trading before crossing into addiction Particularly in areas such as crypto and day trading, he says, “you often see people start out sensibly but cross the line into addictive behaviour”. Marini, who lost £2mn himself before he went into recovery, says he often sees cross-addiction — where people are up all night watching the graph, drinking and taking cocaine .

We learn with bad trades, and I still have one showing in a portfolio that I have. I trade with a 5 year plan too. It may be a winning way. We will see. Alliteration to boot...

I think I got this problem I hate the stock market losing everyday

Gaining Experiences... At the long run become an expert... But we learn Everyday; Experts are still subjected to learning.

Paper losses

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