Hitting Rock Bottom

[istvan]

@mjmotr1 Why is your monthly payment for the car so expensive???
Sell that car get a cheaper one or just use your bike. You don't need to be paying 1k+ for a car if you make 4k a month.The other comments here are already very good. Scale back on your spending and set aside saving even if it's just 100 or less a month.

 

[mariauk]

@mjmotr1 The positive is that OP knows how to make 200k. When you come out of this shithole, you can repeat that success even bigger but you won't spend like an idiot, expensive but priceless lesson.

 

[resjudicata]

@mjmotr1 Once you have everything stabilized with a little cashflow.

Consider building aide hustles to increase your cashflow.

Important to have you emotion under control when you are hustling. Watch podcasts and avoid talking to negative people

You were once a winner, and you will win again. Keep learning, skill wise and mindset wise.

Keep your day job, while fighting for freedom.

You have achieved alot at a young age. I went through similar situation when i was your age. You just have to figure it out.

 

[jenmelania0]

@mjmotr1 Too many wasted commitment. 1st of all, seek help for your mental health. After you taken care of your mind (and body), seek help from AKPk. 1st rule now is to STOP any loans. If you cannot pay for your vehicles, either do a rescheduling with your payment. Banks are more than happy for you to service your loan. 2nd, the friends and buddies you spend on CUT them out. You don’t need the negative energy from them. 3rd, whack yourself for even considering forex as an investment

 

[streetcrusader]

@mjmotr1 Hahahahaha.

 

[aniello]

@mjmotr1 I have nothing to add but sheesh dude at 25 you had the world at your feet and all went south for you. I’m sorry but this is also a lesson for me. And I hope others as well.

As much as I want all the money in the world, and even I can have it all, the burden of responsibility is just too much. Money is only a speck of all the richness of the world God has laid upon us. And it’s not meant to be hoard by a single person so no matter what there’s always someone doing better.

I do wish that you recover. If not monetarily but at least mentally. Wish you all the best buddy.

 

[waterwerx]

@mjmotr1 As a trader myself, if you made 200k before, you can make it again. Control your emotions when trading. Don't continue trading when tilted. Always, always, always set a stop loss.

Control your lot sizes. Rule of thumb is 1 micro lot open position for every 100 USD in your account. Manage your RR ratio.

As to your current situation, I believe selling your car will net you both the savings of RM1064 and the parking fees of RM100. That's enough in 1 month for a 200 USD account. Slow and steady bro.

In 2018, I was also like you, staying up til 5 am trading DJ 30 and all that. Broke even (I think) but definitely lost out on exchange fees. Also messed up my health doing it (lack of sleep plus junk food). Then, earlier this year I joined this new group where they emphasis DD control and RR ratio over pure gains. Because no matter how good you are, if you cannot control your DD, you always stand to lose it all.

 

[theblesser]

@waterwerx What the fuck