So i dont even know if this is allowed but here goes, Im from pakistan and the financial situation over here is really bad. I have been doing forex trading for a couple years on and off and this has led me to become bankrupt. I even used all my parents money and lost it to the markets. I even owe a couple thousand dollars to people who call me daily and ask for their money back, i keep making up excuses after excuses, by end of this week u will get it. I even had to give cheques to them dated a week from now, assuring them they will be paid within a week. I have 3k rupees in my bank acc which is like 11$ and i owe thousands of dollars. I dont know what to do, there is no type of work that i can do to makeup even 10 percent of that in a week. We dont even have enough for daily groceries and bills and stuff. Has anyone gone through this type of situation in their lives before? how did u overcome this? Am i the only one going through this?
Forex trading (or any sort of trading in general) is risky if you don't know what you're doing (=you study the subject, and not with online courses), but my guesses are you understood that by now.
Ngl your situation looks bad, but for the sake of your metal health i'd suggest you to plan a recovery for it, step by step.
Your approach here shows some fallacies (e.g. you claim to owe "thousands", so let's assume 5k?), 10% of that is 500, in a week?
That would mean 2k in a month, which, for at least where i live (defo an industrialized place with no really hard economy issues), is an over-the-average salary.