Hello, I’m 24 and I am broke as hell. The almost last 4 years I’ve been learning about finances and I’ve also been trying to start my own online business (trading - the first three years I was into forex and few months ago I have switched to futures).

Basically there were times when it looked really promising but unfortunately I failed due to my own mistakes and something similar happened today - I blow up my capital again. The main reason why I keep failing are my emotions.

I have just few hundreds save up in my bank acc and I do not have any job nor any useful skill. I’m really not sure if I should keep going or try different business although currently I don’t know about anything. I’ve also tried various jobs but I didn’t enjoy anything.

TLDR - I’m unemployed 24 years old broke guy who the last 4 years has been trying to start online business called trading; today I lost my capital and I really do not know what to do next - keep trying ? Try different business? I’ve tried various jobs but didn’t enjoy anything and I feel like a complete failure

  • clavalle@alien.topBEnglish
    1·
    10 months ago

    Trading is not entrepreneurship.

    Trading is a zero sum game. And you’re the guppy waiting to be eaten by the bigger fish.

    Try your hand at positive sum games. Create value, and this part is important, for other people!

    Making money is a side effect of creating value. Unless you’re gambling. Which you were.

    So, stop wasting time gambling. Redirect that time into making the world better. Convert a small part of that improvement into currency.

    It’s not easy, but it is that simple.