Hi I hope whoever reading this is doing well. I have just graduated from University and landed a junior role and for the past half a year been working and saving up money to move. All of that changed in recent months as I have seen my bank account go from around ~10000 to ~-11000 and now I feel like im in deep trouble as I have nothing for the month.
You are probably wondering how i managed to get this low, I am at the lowest point in my life and I dont know what to do. My leverage trading lead to this. I started leverage trading a little about a year ago and stopped doing so as it felt like too much to deal with. Recently, couple of months ago I went back to leverage trading and I decided to trade my investments that I managed to accumulate over the past year. Over that period I managed to loose half of my profits from investing and revenged traded until I lost all my investments. That money meant so much to me as it could of been used to mortgage a new house. From there I decided that I wanted to get that money back so what did I do? I used my personal money to trade again so I can make back what I had lost. I used that money, had a couple of wins but overall lost big and at that point I couldnt live with my self. Now I have not only lost my investments but my hard earned cash. I was an emotional wreck and probably was not thinking straight. I decided to take a loan worth 3000 with the mission of gaining my personal money. After loosing that loan I had to take out another load to repay the previous loan I took out and now it became a never ending cycle, until I cannot borrow anymore money and I have no money.
I regret every decision that was made and I wish I can reverse time and stop myself before it was too late. I have some images attached to show some proof of my bank statements. I haven’t told my family yet and everyday thinking about it gives me anxiety as I have let most of them down. My mental state has been declining. I haven’t been able to sleep some nights and my thoughts drift to the point where I sometimes cant focus in work. I am reaching out to any one that can help I wouldn’t be if I wasn’t desperate. Really appreciate you all for taking the time to read my situation.