Lost a lot in the stock market – Need Advice


Hello everyone,

I'm feeling stuck and need some advice. Last year, I invested a lot of money (at least for me) in the stock market hoping to make more money quickly. I was inspired by stories of people earning a lot through trading. However, it’s been a tough experience.

I lost a lot of money, almost all of my savings. My $50,000, which took years to save, has reduced to only a few thousand dollars. It’s been hard to watch.

Even though I thought I was making smart choices by listening to experts and watching trends, things still went wrong. Now, I'm wondering about using AI for investing, since I've heard it can help make better decisions because it doesn’t have feelings or get greedy.

Has anyone tried using AI for investing (e.g., Lemonstocks or Pluto). I'm really interested in any advice you have.

Thank you,

A financially frustrated former trader


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *