I need your advice đ
A friend on my team went against my signals $LSK and is now down nearly $500K.
What do you think he should do now: cut the loss and stop, or keep going and look for opportunities to recover?
I told him one thing:
âDonât try to recover everything in one trade. Stay calm, manage your risk, and wait for good setups. If the opportunities come, work your way back step by step.â
The goal of making back $1M sounds huge, but right now, the most important thing isnât recovering the money as quickly as possible.
Itâs making sure that a $500K loss doesnât turn into $1M.
Do you think my advice was right?
A friend on my team went against my signals $LSK and is now down nearly $500K.
What do you think he should do now: cut the loss and stop, or keep going and look for opportunities to recover?
I told him one thing:
âDonât try to recover everything in one trade. Stay calm, manage your risk, and wait for good setups. If the opportunities come, work your way back step by step.â
The goal of making back $1M sounds huge, but right now, the most important thing isnât recovering the money as quickly as possible.
Itâs making sure that a $500K loss doesnât turn into $1M.
Do you think my advice was right?
