How Can I Recover from Daily Trading Loss?

Actual Question:

I am continuously losing ₹3000 daily in trading. How I should recover from that?

Answer:

Dear Friend

Quit Immediately!

Forget about whatever you have lost.

Please do not expect to recover the trading losses. I have seen speculators doubling the bets to recover past losses and sink even more rapidly into losses.

Make a fresh beginning with value investing which is true investing.

Buy yourself a copy of every true investor’s bible, “The Intelligent Investor” by Benjamin Graham.

Picture of book The Intelligent Investor

Take a solemn vow that you will never again indulge in trading/ margin trading, which are highly dangerous.

You look quite young from your photograph. So let me assure you that by following a slow but sure path of value investing you can certainly achieve significant investing success.

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All the best.

Thank you

Anand