Step one is identifying if this is investing or a gambling addiction.
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Started because I needed the money, not the thrill. But fair point, the pattern can look the same either way.....
I can assure you trading is not your way out of this. There’s a whole industry of gurus targeting people to sell a dream of independence.
Save your money and develop skill(s) that result in a tangible product or service that people will pay for. Nothing wrong if you need to pick up a job in food service or retail to support yourself while you figure that out.
Stop day trading and do something real with your life
You need to talk to a therapist about this as I’m sure whatever this problem is goes much deeper than what you’re doing with your money.
Practical mental health advice? Stop day trading. Invest in long term low-risk investments and keep them there and stop looking at them every day. Free yourself
Gambling is a real emotional rollercoaster, isn't it?
Not gonna lie, some days it really does feel like that //
I don't day trade and I never will, but I have been boglehead-style investing for 15 years or so, with a substantial sum now. I suspect that maybe the specific thing you're seeking will end up being "stop day trading."
I tune out the noise. I don't invest hoping to make 10% in a day (and I see that more as gambling, anyway), I am hoping to make 200% in 15 years, and the daily volatility just isn't a factor on that timescale.
So when I "lost" 100k in March, I didn't think about it at all until I updated my monthly data. And then it was just to chuckle and say "bet that'll rebound soon."
Stop being a degenerate. You're talking about day trading on Lemmy. Sir, are you lost?