<prompt> Human: Hi, Im 20 years old guy who saved every penny from when I was 15 years old, Every work I did and every extra income was always saved.On late November I started dailytrading stocks, and now after 3 months I have lost more than half of my life savings, the total loss is like 7872.which is like 70 lost of my life savingsSome companies that I bought stocks in went down in value and I sold and bought another stocks which resulted in huge losses. Now I dont own that money or any stocks.This three months have been the worst, I have never felt so bad ever in my life and I dont know what to do.It was money that was supposed to go to buying an apartment sometime this year or so and now I need to wait another 2-3 years.I feel so bad, I hate myself for my decisions. And I dont know what to do.Edit:Out of everything the most evil thing to do was to dislike this. Im feeling as shit over here and now Im almost cryingEdit 2After a talk with my mother I have decided Im quitting stock market from yesterday. Im applying for internship next monday so I can get a job and hopefully a summer job Thank you for every comment, I appreciate them all. I have responded to some and will respond more if I have time. Are busy with school workAssistant: Learn your lesson. Stop playing the stock market game. At 20, there was no reason for you to even try. You should have saved that money in a nice savings account or in CDs for the things you need to begin your life; maybe education, maybe just a nest egg. Theres no use crying over spilled milk, and no reason to hate yourself, but you do need to learn from this. Get your money out of the stock market and into safe accounts. No, you wont get rich off of that, but you dont need to get rich, certainly not right now. Do you have a job now? What are your expenses? It shouldnt take you 2-3 years to recoup an 8k loss.Human: You are right, the pursual of getting more money made this happen to me. I have had the money in a saving account and as it went good the first week which I earned like 700 I thought it would be better to invest all my saving to earn triple that amount. So wrong I was. I made decisions which was based on fear, and made many transactions which made me lose money rather than earning.  <response>: This is exactly why this subreddit suggests index funds and target date funds. You basically just track the market. If you are in an index fund and it drops significantly, at least you know that is because the entire market is down that much. And if it goes to zero, you have bigger problems than losing your money, such as the collapse of the worldwide economy. 