Today i read the newspaper ... guess what ... the headline is a guy lost 700k in a months ... he lost alot of money when the market meltdown... He lost alot as he was hype by the easy money that he make earlier on ... 80k ... then he convince his dad life saving of 300k to let him invest ... and poor thing him ... lost 700k + his long time girl friend of 8 yrs .... he did paper trade for a few days ...
Lesson learn ....

- Even in Virtual trade/paper trading ... set your account that suit you ... Dun set it 100k when you cant afford to fund it or even stomach so much money - Formulate your rules and hone your skills

- stick to your winning rules and keep on study and learn new skill ...

- Cut loses and never ever invest on credit ... as your fear will dictate your way cos you cant afford to lose the money

- Learn how to win in a bearish and bullish market ... then trading will be so fun and enjoyable ...
Hope all of you have a happy trading experience ...
feel sorry for that poor guy ...