Just Start Over
Swing Trading the Stock Market
Ryan Mallory
4.7 • 831 Ratings
🗓️ 22 July 2022
⏱️ 15 minutes
🧾️ Download transcript
Summary
One trader has seen his trading account drop by 33% and after 82 trades in the stock market since February, he's asking the question, "Should I just admit that I've blown up my account, and start over?"
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Transcript
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| 0:00.0 | This episode is brought to you by Shopify. |
| 0:03.0 | Looking to start a side hustle or become your own boss, do it with Shopify. |
| 0:06.9 | Whether you're selling succulents or stilettos, |
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| 0:16.9 | Sign up for a £1 per month trial period at Shopify.com.com slash special offer or lowercase. |
| 0:23.1 | That's Shopify.com.com slash special offer. |
| 0:33.5 | Hey, I'm Ryan Mallory and this is my swing trading, the stock market podcast. |
| 0:37.9 | I'm here to teach you how to trade in a complex, ever-changing role to finance. |
| 0:42.8 | Learn what it means to trade profitably and consistently, managing risk, avoiding the pitfalls of trading, and most importantly, to let those winners run wild. |
| 0:52.0 | You can succeed at the stock market and I'm ready to show you how. |
| 0:57.1 | Hey, everybody. |
| 0:58.0 | This is Ryan Mallory with Swing Trading the Stock Market. |
| 1:00.6 | In today's episode, we're going to talk about whether a particular listener has blown up his account and should just simply start on over. |
| 1:08.4 | So this email comes from a guy he wants to be called G.W. Boone. |
| 1:13.1 | G.W. Boon is an interesting choice. So he writes, |
| 1:18.8 | Hello, Ryan, love the show. Thank you and keep up the fantastic work. I'll keep it simple. |
| 1:24.1 | New trader here as of February this year. I started out with $300 in my brokerage account simply to learn the ropes. |
| 1:30.4 | After 82 trades, I am now down to just over $200. |
| 1:34.4 | At what point should I consider it blown and start over? |
| 1:37.4 | Much gratitude, G.W. Boone. |
| 1:39.7 | P.S. Do you have any opinions on Mark Douglas' work? |
... |
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