I Lost RM100,000 Because I Believed in Trading Robots

thecekodok


In 2016, I still remember when I first got to know the world of trading. A friend showed me a robot that supposedly could generate profits automatically. I saw him smile every day, he said that the robot “works day and night without fail.”


I was also influenced. I started with RM20,000 and unexpectedly, in a month the robot doubled my money. At that time, I felt like I had found a shortcut to success.


Because I was too confident, I increased my capital to RM100,000. I thought, if RM20,000 could become RM40,000, imagine RM100,000?


But everything changed when the market suddenly moved unexpectedly. The robot continued to open positions without control, and within a few days, my account was burned. RM100,000 disappeared just like that. I could only look at the monitor, empty, silent, and regretful.


– Anonymous (Mr. R)


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💡 Advice for Other Traders


Don't completely leave your investment decisions to robots. Technology can help, but basic trading knowledge and human emotional control cannot be replaced. First understand the basics of technical and fundamental analysis, so that you know when the market is in a risky phase.


Robots only follow instructions, but you should understand the real market sentiment. Study, understand, and master the knowledge is the safest investment before you allow anyone, or any system, to manage your money.


📩 Is there a bitter or sweet story in the world of finance?