Debt 200,000, how to turn despair into success?
There is a fan who is 200,000 in debt, with only 5,000 left in their account, feeling desperate. They have tried to make quick profits, but each time they were beaten badly by the market.
I told them: stop thinking about getting rich quickly, and first do two things:
Set small goals: pay off the debt in stages, starting from 30,000.
Strict stop-loss: immediately exit any position when losses reach the set point, without hesitation.
In the first two months, they didn't make big money, but they were able to cut losses in time each time, and the account gradually recovered. Three months later, not only did they pay off the debt, but their account also exceeded 200,000.
They said: "Recovering losses does not rely on luck, but on steady and solid efforts."
If you also want to turn things around, first stabilize your mindset, do the right things, and the results will naturally follow.
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