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

  • Romantic_Adventurer@alien.topB
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    10 months ago

    1 - Get a job, in something that makes you money. You need money to survive and you need experience in something. So get a job and understand you will be in this job for at least 6 months to get your savings up. Remember: You’re 24 yo. Stop rushing. There is no ‘get rich quick’. Even the guys who sell ‘get rich quick’ courses online (spoiler alert) THEY. DID. NOT. GET. RICH. QUICK. They probably worked 9-5 for a few years, studied digital marketing and learned how to get results using the internet. This takes time, you gotta study, you gotta test and for that to happen, you need money. So focus on that first. Work in sales or as an sdr or something, go to weworkremotely or glassdoor or indeed or linkedin and work from home.

    2 - After you get a job and stick with it for a few months, studying every day, saving up some money in a fund, reading lots of books, going to the gym, eating healthy, etc, then post here again and we’ll give you the next steps.