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VisualMod t1_j2d746o wrote

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^^Discord ^^BanBets ^^VoteBot ^^FAQ ^^Leaderboard ^^- ^^Keep_VM_Alive >TL;DR: I'm a day trader who lost everything and now I'm trying to figure out what to do.

1

VeryRudeLah t1_j2d7hcw wrote

perhaps you can let your son trade for you

6

rwang411 t1_j2d7no8 wrote

your child isn't the only one who is mentally challenged

1

papi6942069 t1_j2d7oy0 wrote

You lost 10 mil and blame the broker. Your kid isnt the only mentally handicapped person in the family

1

Cautious-Oil-7466 t1_j2d7qnk wrote

Life happened. You will get back up and stronger. Thanks for sharing your experience.

1

frunf1 t1_j2d7vk3 wrote

With 500k... You could still invest that in a dividend etf. It will give you a constant payout of around 20k per year. That is not bad if you are able to get some Minijob also and it will still grow slowly over the years. But say goodbye to be a millionaire.

That is what I would do personally and is no financial advise. You know your life better than me. Investigate on your own.

1

Lillica_Golden_SHIB t1_j2d7ylz wrote

Stop trading and collect your wits. Asking for trading advice here won't make anything better. Keep what is left of your money and leave it invested while you find a way to make more without depending on your savings. Once you get on your feet, go back to market with a much smaller amount and teach yourself better risk management until you are confident enough to slowly increase your positions. And find your wife a boyfriend, just in case.

1