Dealing With Loss

In this episode of Spiritual Successful Podcast, Jenn dives into the concept of Dealing with Loss. Jenna shares a personal experience of a significant loss in her trading journey. Despite warning her Telegram group about an impending market crash, she succumbed to FOMO (fear of missing out) and followed a friend's bad advice, going against her own trading plan. This led to a series of poor decisions, ultimately resulting in a substantial financial loss.Jenna reflects on the lessons learned from this loss. She acknowledges that she was over-leveraged and that her lot sizes were too large. She also recognizes the importance of trusting her intuition and sticking to her own strategy. This experience, though painful, provided valuable insights that will shape her future trading decisions.She also highlights the importance of avoiding negative associations with financial loss and maintaining a sense of gratitude. She finds solace in the fact that she had withdrawn profits beforehand, minimizing the overall damage. She is also grateful that she didn't lead others into the same trap, avoiding the burden of responsibility for their losses.