Trading ruined my life
Trading ruined my life. I’m 27, and managed to give $200k to the stock market since April 2025 (majority of it was lost in the past 3 months. I now realize that I wasn’t trading, I was simply gambling. Now I realized it’s time to exit the casino.
I fell into the hole of “add more and size heavier. You’ll get the losses back.” Only to lose it all again and keep repeating the cycle.
I’m broke now. I was on track to purchase a home and move out of my family’s house last year, and now I have $3000 in my savings account, and $400 in my trading account.
I feel crushed, absolutely stupid, destroyed, and feel like I betrayed myself. I can’t even bring myself to tell my mother I lost all this money that I spent the past few years saving up.
I’m not looking for “yeah you messed up” comments. Desperately looking for advice. I’m a great technical trader, but the psychology is what ruined me. Everytime something went red, I would average down, and say “it’ll come back. It has to” now here I am completely lost in life and genuinely don’t know what to do. I truly am ashamed of myself. Wish I never picked up trading to begin with.
As stated above, I have $400 left in my account. Should I just try to slowly rebuild? Or am I beyond cooked and just give up and become another statistic? Thanks in advance.