In 2008 I lost a lot of money.
Why?
I didn't know what I was doing.
I had no idea that the market could drop like that.
It dropped 20% so fast in just one week in October.
Many new traders are also learning this lesson now the hard way.
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Replying to
Sorry, as long as we learn my friend. I wasn't down to much in 2008, when I saw the signs moved to 75 percent cash...that is because in the year 2000 I lost about 75 percent in the dot com bust, as long as we learn from our mistakes, that's key
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Yeah but holding through all this lead to 10 years where you quadruple your money. New people will also learn this into 2030
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2008 thinned out approaches and people on Wall Street. 2012-2013 was when many people couldn’t cut it trading and had to get a job.
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