20XX/01/22
Today,
I want to talk about greed,
I always wonder,
Why am I so fucking greedy?????????
I can't explain you this feeling,
It can only be felt,
And you want to ask me why am I talking about greed today?
Because I don't want to say this but I do day trading,
I know those who has done day trading can feel my feeling,
Like what the fuck?
I can't believe how much greed I show when trading,
It can't be expressed in words,
Like I always fuck it up,
When I am winning, I want to win more,
So, I never sell the asset and when I am losing, I keep averaging,(Meaning buying in lower price which averages the buy price. Example in last.)
It is same as fucking gambling for me nowadays,
I used to think,
How people get addicted to gambling,
Now I can say it,
Trading or gambling are all the same,
Trading is all about emotional game,
It is a psychological roller coaster,
Sometimes you are dancing in joy and sometimes crying,
And today I am crying and writing it down in my diary,
All I want to say is never be greedy,
Set a target of a day and never do more than that,
Like why the fuck I want to be rich over night?
I had a good profit till 2Pm but I fucked it up after it and now I am in loss of 200$.
"Ahhhhhhhhhhhhhhhhhhhhhhhhhh"
Just thinking about it makes me cough blood,
A/N: Think you bought 10 unit for 250 each,
Then price went down to 200 and which means loss of 500 total,
So, you buy at 10 units at 200 which averages price to 225,
Meaning price doesn't have to reach 250 for u to be profitable,
I hope you understood below is the actual calculation,
250 x 10 = 2500,
200 x 10 = 2000,
Total=4500
1 unit price 4500/20 = 225